After a failed attempt last year, the government is all set to launch a second bid to sell the debt-ridden national carrier Air India. Sources in the government say roadshows could begin as early as next week and an expression of interest is likely in a couple of weeks. Government plans to kick-start the roadshows from Mumbai and is also planning overseas roadshows including one in London to gauge the feedback from investors.

Reliance Jio has hit out at the telecom regulator Trai for issuing a fresh consultation paper on seeking opinion of industry on the extension of existing interconnect usage charge (IUC) regime beyond 2020.

Mukesh Ambani's telecom arm, Reliance Jio has posted a big bag of numbers for the second quarter. The revenue is on target and margins have beaten estimates. However, subscriber addition is slightly below expectations and average revenue per user continues to be moderate.

The war of the telecom giants never gets uninteresting. In recent times the clash over Interconnect Usage Charge or the “bill and keep” regime is perhaps the most riveting, not just because of the names involved but also the importance of this discussion in the Indian telecom landscape.