Despite the recent fall, the Nifty Midcap 100 index has outperformed by gaining 20 per cent till date in this year calendar year.
Broader market outperformed the frontline indices with the Smallcap and Midcap gaining up to 1%
Bulk of these customers use 2G phones and are still focused on voice services and might prove useful for both Bharti Airtel and the Idea-Vodafone combine.
DoT though failed to implement TRAI's recommendations to levy spectrum usage charge
Zuckerberg says internet.org can co-exist with net neutrality
According to a Deutsche Bank report, the Idea-Vodafone combine will have to pay a 30 per cent lower annual installment on spectrum due to the longer duration of the payment tenure.
DoT will have wider consultations with all stakeholders.
Quite a few large- and mid-cap stocks are yet to recover from the note ban, pharma, banking and rural demand-based industries among laggards.
Pointing out to the 133-acre Dhirubhai Ambani Knowledge City on the outskirts of the financial capital, he said there is huge realty play opportunity that RCom's erstwhile corporate headquarters possesses, and pegged the potential value creation at the site at Rs 25,000 crore.
Reliance Jio submitted the highest pre-auction deposit.
This will be Modi's second US visit after he was elected PM.
Experts say going ahead data price will fall further due to competition
A sluggish economy and stalled bureaucratic decision-making for the past two years thwarted capital investment and dented earnings, making it tough for the companies to raise funds.
Muted quarterly earnings, mixed cues from global markets and unabated foreign fund outflows added to the volatility
Telecom operators stressed that differential pricing for data is necessary for growth.
Airtel, Vodafone, BSNL increase subscriber share while Idea manages to retain
The Jio-Bharti battle will not just be limited to mobile telephony but will extend to the fibre to home space too.
DoT committee rejects most Trai suggestions for freeing airwaves for sale.
Market breadth turned negative with 1,779 declines over 884 advances on the BSE
The S&P BSE Midcap and the S&P BSE Smallcap indices gained 0.3% and 0.5%, respectively
S&P BSE Sensex settled at 31,170, up 60 points, while the broader Nifty50 closed at record high for third straight session. It ended at 9,624, up 19 points.
Wipro, Steel Authority of India, HDFC Bank, Mahanagar Telephone Nigam, Bharat Heavy Electricals and Reliance Commnications among companies reporting a decline in headcount in FY17.
The Department of Telecom may bar operators holding 3G airwaves from sharing the high-speed spectrum.
Mukesh Ambani's Jio, high debt and some bad decisions drove RCom to its grave.
On Monday, Ambani had said the Reliance group was open to join hands with Bharti Airtel for improving telecom network for 4G services in Punjab.
In 2008, the 13 companies on the list accounted for 34 per cent of the overall m-cap.
Funds will be raised via non-cumulative preference shares issued to Tata Sons on rights basis
The continuing stress faced by corporate India has weakened their debt-servicing capability and this is reflected in the banks' books, as yet-burgeoning bad loans.
India's third largest telecom operator Idea Cellular joined the data tariff war by slashing 2G mobile internet rates by 90 per cent and 3G tariffs by 30 per cent for six months from November 15.
The company has reportedly been in the process of shutting its CDMA business and shifting its subscribers to 2G, 3G and 4G networks.
India's largest-ever spectrum auction kicked off on Saturday with major telecom operators placing bids worth Rs 53,531 crore across bands, even as the premium 700 Mhz and 900 Mhz frequencies did not find any buyer.
Initiative aims to encourage more people to use the Internet.
Most of the session's gains for both the indices were wiped out as investors rushed to book profits ahead of F&O expiry on Thursday and also due to concerns over stretched valuations.
Analysts expect structural risks such as risk to voice revenues, steep correction in data realisations, capex spend and rise in churn and subsequent increase in costs to continue in the medium term
Fresh buying by domestic institutional investors and better-than-expected June quarter results from some blue-chip companies boosted investor sentiment
Voice calling will be free on Jio phones for life and post December 31, 10 data plans will be offered
The broad-based NSE Nifty rose 52.80 points, or 0.50 per cent, to end at 10,530.70
The government on Friday unveiled long awaited Unified Licence norms that provide for delinking of spectrum from operational permits and allows companies to offer services using any technology.
Airtel offers 4G service in 1800 Mhz band frequency while other companies are yet to roll out their services.
The DoT report is expected by the end of the month.
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