Wednesday, March 27, 2019

NCLAT stays Telecom Department's show cause notices to Reliance Communications for cancellation of spectrum licence

The National Company Law Appellate Tribunal (NCLAT) Tuesday stayed the two notices issued by the Department of Telecom (DoT) to debt-ridden Reliance Communications for cancellation of its spectrum licence for delay in payment. https://ift.tt/2HHJ53H

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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...