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Centre approaches Supreme Court against TDSAT order on Airtel-Tikona deal

The DoT had in August last year asked Airtel to pay in cash and bank guarantees the sum to issue a no-objection certificate to clear the firm's merger with Bharti Digital networks

Bharti Airtel narrows its revenue gap with Reliance Jio in March quarter
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BS Reporter
The government on Wednesday approached the Supreme Court against the Telecom Dispute Settlement Appellate Tribunal’s order staying a demand notice nearly Rs 1,627 crore. The Department of Telecommunications had in August last year asked Airtel to pay in cash and bank guarantees the sum to issue a no-objection certificate to clear the firm’s merger with Bharti Digital Networks, which was formerly known as Tikona Digital Networks. The SC on Wednesday agreed to hear the matter on Monday.

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