"Banks are currently unwilling to take any risk with respect to the telecom sector and are constantly asking telecom service providers to reduce their exposures by refusing to issue new bank guarantees or even to renew bank guarantees," COAI Director General, Rajan Mathews said in a letter to Telecom Secretary Anshu Prakash.COAI rings alarm bells; asks govt to ease terms for AGR dues#39; payment, cut in licence fee
"Banks are currently unwilling to take any risk with respect to the telecom sector and are constantly asking telecom service providers to reduce their exposures by refusing to issue new bank guarantees or even to renew bank guarantees," COAI Director General, Rajan Mathews said in a letter to Telecom Secretary Anshu Prakash.
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Huawei faces international scrutiny over its ties with the Chinese government and suspicion that Beijing could use Huawei#39;s technology f...
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In July, HCL Technologies had announced a Rs 4,000 crore buyback programme for FY19 at a price of Rs 1,100 per equity share.
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