Firering Strategic Minerals: From explorer to producer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

India court sets aside earlier stay order on Bharti 3G pact ban - lawyer

Thu, 04th Apr 2013 08:07

NEW DELHI, April 4 (Reuters) - A panel of judges at India'sDelhi High Court set aside on Thursday the court's earlier orderthat had halted the execution of a government ban on top mobilephone carrier Bharti Airtel Ltd's 3G service pactswith rival carriers, a lawyer on the case said.

Maneesha Dhir, a lawyer on the case for thetelecommunication ministry, did not give any further detail. ABharti Airtel spokesman declined any immediate comment.

In a long-running dispute, the government had last monthasked Bharti to immediately stop 3G services in zones where itdoes not have its own airwaves and is providing the premiumservices through pacts with other carriers.

The Delhi High Court had temporarily halted the execution ofthe government order after Bharti appealed against it. The courthad also said Bharti would not immediately need to pay a $65million penalty imposed by the government.

Vodafone Group Plc's Indian unit and Idea Cellular are also involved in similar disputes with thegovernment.

Related Shares

More News
19 Jun 2024 15:25

London close: Stocks mixed as UK inflation slows to BoE target

(Sharecast News) - London stocks ended the day with mixed results on Wednesday, as new data indicated a decrease in annual consumer price inflation, a...

19 Jun 2024 09:43

LONDON BROKER RATINGS: Deutsche Bank likes Vodafone and raises Avacta

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday:

19 Jun 2024 08:49

TOP NEWS: Vodafone sells 18% stake in Indus Towers for EUR1.7 billion

(Alliance News) - Vodafone Group PLC on Wednesday said it sold a vast chunk of its stake in Indus Towers Ltd, a mobile phone tower operator in India.

19 Jun 2024 07:56

LONDON BRIEFING: Berkeley Group ups guidance but Spectris cuts

(Alliance News) - London's FTSE 100 is called to open lower on Wednesday, returning some of Tuesday's gains, though data showed the UK inflation rate ...

19 Jun 2024 07:18

Vodafone sells 18pc stake in Indus Towers

(Sharecast News) - Vodafone Group confirmed several days of speculation on Wednesday, as it announced the sale of 484.7 million shares in Indus Towers...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.