Bharti Airtel has been removed from the denied entry list for non-fulfilment of export obligation under an export promotion scheme. The company is actively engaged with the authorities to complete the formalities and provide additional documents for closure of the remaining cases.
The company has been removed from the denied entry list, after it highlighted the relevant details and documents submitted to the Directorate General of Foreign Trade (DGFT). Earlier this week, the firm was working to get its name removed from the list.
The DGFT, which is under the Commerce Ministry, had put the company under the list, commonly known as blacklist, for non-fulfilment of export obligation in respect of certain Export Promotion Capital Goods (EPCG) authorisation issued to it.
Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.
Company Name | CMP |
---|---|
Bharti Airtel | 1344.90 |
Vodafone Idea | 13.15 |
Indus Towers | 340.95 |
Tata Communications | 1803.50 |
Bharti Hexacom Ltd. | 939.05 |
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