Matrix Cellular gets SEBI's go-ahead to launch IPO

Last Updated: Monday, August 31, 2015, 19:28

International SIM card provider Matrix Cellular has received capital markets regulator SEBI's approval to float an initial public offer (IPO).

IPO market heats up; over 30 companies line up public offers

Last Updated: Sunday, June 28, 2015, 13:08

Heating up the IPO space, over 30 companies have lined up plans to raise funds totalling over Rs 20,000 crore through public offers, including big names like IndiGo, Cafe Coffee Day, Matrix Cellular and GVK Airport.

SIM renting case: DoT to file petition before Supreme Court

Last Updated: Friday, January 10, 2014, 19:29

The Department of Telecom is planning to file a special leave petition before the Supreme Court in a SIM renting case in which Vodafone, Airtel, Idea Cellular, Matrix Cellular among others allegedly violated rules.

Vodafone contests Matrix allegations on it in SIM renting case

Last Updated: Wednesday, December 4, 2013, 17:37

Telecom operator Vodafone has contested allegation levelled on it by international SIM card provider Matrix Cellular that the telecom major misrepresented facts in SIM renting case of 2007 in which Department of Telecom and Intelligence Bureau found various irregularities.

DoT may send notices to Vodafone, Idea, Airtel in Matrix case

Last Updated: Tuesday, November 26, 2013, 19:31

The Department of Telecom is working on issuing fresh show-cause notices to Vodafone, Idea Cellular and Airtel for allegedly violating licence conditions while renting SIM cards to Matrix Cellular in Delhi.

Matrix Cellular aims to double subscriber base

Last Updated: Tuesday, August 14, 2012, 21:23

The company has partnered with telecom giant AT&T in the US and T-mobile in the UK for the offer.

TDSAT sets aside Rs 50cr penalty on telcos over SIM card issue

Last Updated: Wednesday, July 18, 2012, 21:39

A TDSAT bench headed by its Chairman Justice S B Sinha said that "principles of natural justice" were not applied as the operators were not provided with a chance to present their case.