Viom Networks is planning to raise arouns Rs 1500 crore (Rs 15 billion) and is likely to list its shares on the London Stock Exchange (LSE), say sources.
For Uninor, it is more important to serve customers better in existing circles rather than going for pan-India operations.
Sources say companies will have to keep the market share of merged entities below 50% in all circles
Just stand in front of his latest film Kochadaiiyaan's hoarding, send an SMS, and watch what happens next.
Since August 2013, FIPB has approved two FDI proposals in the telecom sector.
Sourav Ganguly, cricketing icon in Bengal, has been offered a nomination for the coming Lok Sabha elections by the Bharatiya Janata Party. He tells Digbijay Mishra deciding whether to accept this would be one of the most important in his life.
List cuts across range of former cricketers to actresses, even a working IPS officer, says Digbijay Mishra.
The company has identified India as one of the two key markets in South Asia.
Woodland, Aero Group's brand of shoes and now, adventure gear, is stepping up its efforts to target women as its audience.
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In the process, Vodafone India's valuation rose 48.39 per cent since February 2012, when Piramal Enterprises bought 5.5 per cent stake in Vodafone India for Rs 3,007 crore (Rs 30.07 billion).
Have committed themselves to investing Rs 1,85,000 crore since last year.
Importers protest as food safety regulator demands adherence to recent law on labelling, blocks entry at ports for packs with stickers.
According to the CEO of an Indian group with presence in the telecom segment and two merchant bankers, the Mexico-headquartered telco's bankers have been sounded out for preliminary discussions with leading Indian telecom companies for a strategic tie-up.
DoT plans to initiate move that might lower the revenues telcos share with government.
A major reason for the high growth in advertising spends as these companies are keen on higher volume
Deepak Fertiliser's promoter might offer to buy Saroj Poddar's stake.
With the Telecom Regulatory Authority of India (Trai) refusing to reserve 900-MHz spectrum for incumbent telcos, asking them to vacate the quantity held and win back through bidding, GSM operators, led by the Cellular Operators Association of India (COAI), have decided to propose a compromise formula.
Within a week of the Telecom Regulatory Authority of India giving its final recommendations on the valuation and pricing of spectrum, Chairman Rahul Khullar speaks to Business Standard on the process the regulator followed in finalising the much-debated issue.
The management hopes to clinch a deal by year-end, failing which even a shut down of the fortnightly cannot be ruled out, according to a top official, who did not want to be named.
Remittance into India from foreign countries has already seen a jump of 25% in the last two months
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