Vodafone India and Idea Cellular started integration of their networks after completing their merger on August 31, 2018.
Balesh Sharma will be taking up a new role with Vodafone Group, which will be announced in due course.
Ravinder Takkar, currently Vodafone Group's representative in India, will be appointed as the new MD and CEO with immediate effect, the company said in a statement.
Commercial vehicles major Ashok Leyland too, in April this year, said that it is looking to set up more assembly plants overseas, including the Commonwealth (CIS) region and African countries.
The court, while refusing to accord urgent hearing, said it would require institutional decision and deliberation on the matter.
According to brokerages, the stock market crash on Monday was a direct result of the company’s poor performance during the first quarter, with consolidated net loss at Rs 4,873.90 crore.
Hinting at possible legal recourse, Airtel asserted that it will approach the 'appropriate forum' after receiving a formal intimation about penalty.
In its earlier meeting in June, the panel had approved the penalties but asked TRAI to revisit the quantum of fines taking into account the financial stress in the sector.
According to a company filing, the decision has been taken due to unanticipataed developments in the business landscape that have made the economic model unviable.
In October 2016, TRAI had recommended imposing a total penalty of Rs 3,050 crore on Airtel, Vodafone Idea for allegedly denying interconnectivity to newcomer Reliance Jio.
The three-day event, to be attended by over 250 celebrities, will witness speakers deliberating on Gandhi's works and ideas through literature, lived experiences, politics, arts and films.
India seeks to raise USD 84 billion this year from a sale of airwaves. That’s posing a conundrum for the carriers controlled by tycoons including Mukesh Ambani, Asia’s wealthiest man.
Trai's recommendation came on a complaint by RJio that over 75 per cent of calls on its network were failing as incumbents were not releasing sufficient number of PoIs.
Ross said that while US is the "least protectionist" major country, but India has "one of the highest levels of tariffs in the world".
The telecom company said that it is integral to a grow the business economically with speed and efficiency.