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Daily Archives: February 20, 2019

Department of Telecommunications refunds Rs 298 crore to Aircel – Economic Times

LiquidationBy Insolvency GuardianFebruary 20, 2019

MUMBAI: The Department of Telecommunications has refunded Rs 298 crore to Aircel, bringing relief to the bankrupt mobile phone operator that has been struggling to maintain its assets ahead of their sale as part of an ongoing insolvency process and pay its employees their dues. Deloitte, which is overseeing the last leg of a corporate…

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