So long as there are concerns about world trade, growth and oil prices, the domestic market will remain volatile.
RCom is expected to have a 50% stake, Aircel 40% and MTS 10%
Reliance will launch Jio, pan-India 4G service, for its employees on December 27, marking Dhirubhai Ambani's birth anniversary.
SpiceJet has cut costs to turnaround the carrier in a year's time.
The company is offering its own devices under the brand name Lyf along with other brands to employees at a 25 per cent discount.
With inflation down, the government's twin deficits are largely under control.
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HMSI is likely to announce a tie-up with Snapdeal for online two-wheeler sales next month.
RJio is targeting the existing base of high-value customers.
While some are relatively new in this business, Vodafone, which has 1.8 million touch points in the country, has been offering basic banking and payment services through its pre-paid mobile digital semi-closed wallet called M-Pesa since 2012.
Theoretically, there is an inverse relationship, but other factors need to fall in place for it to work well this time
The much-awaited soft launch of Reliance Jio's next-generation mobile services has been delayed by another month.
Volkswagen was not the largest carmaker in the US and that North America accounted for merely 1-1.5 per cent of its total sales.
Chinese telcos hold 60-100 MHz of spectrum, while Indian companies hold 13-15 MHz of spectrum.
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Airtel's 4G service runs on 2,300 MHz long-term evolution (LTE) spectrum in all nine circles, which is difficult to access while indoors.
The telecom sector's adjusted gross revenues have grown 13.2% year-on-year in the June quarter.
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The financial and commodity markets will continue to roil, as China's growth moderates and readjustments are made.
Reliance Retail will also sell Wi-Fi dongles.
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