With this, the Bharti group companies had enhanced their voting interest in Bharti Airtel to over 50 per cent, the company said in a statement.
Railway services across city on the Western Railway and Central Railway came to a grinding halt at 10.05 am, as a result of the power outage.
The minister said the companies have given representation which is being examined by the DoT before taking a final decision.
Tata Teleservices and Reliance Communications have said that they had been denied extra spectrum even as the old GSM operators like Bharti, Vodafone and Idea were been allocated excess spectrum in many circles.
The rights issue price has been set at Rs 1,257 a share, a discount of nearly 14 per cent to the last closing price of Rs 1,459. The company had set May 14 as the record date for the rights issue, which meant shareholders as on that day would be eligible to apply. Shareholders will be able to apply for one share for every 15 shares held.
Sunil Mittal's Bharti, in which British telecom firm Vodafone has 10 per cent stake, said on Thursday it is yet to hear a final word from the UK-based operator on its plans to buyout Hutchison Telecom's stake in Indian joint venture Hutch-Essar.
At $12-bn valuation, this will be India's largest FDI; deal to be announced on Saturday, says Dev Chatterjee.
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.
US-based technology major IBM is contesting a claim of the revenue department which has increased the company's taxable income substantially to around Rs 11,000 crore (Rs 110 billion).
One tenth mobile subscribers in India own multiple mobile phone connections, says a report.
When Ernst & Young got the mandate from Vodafone late last week to carry out a due diligence on Hutchison-Essar Ltd, it was another feather in the cap for Rajiv Memani.
The SC had reserved its verdict on a bunch of similar petitions.
It was Arun Sarin's first and only press conference in India on October 28, 2005. Vodafone had just bought a 10 per cent stake in Bharti.
Tata Teleservices has announced plans to launch 3G services by Diwali, while Vodafone has said it will launch the services by early 2011.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The auction for Broadband Wireless Access started on Monday with 11 players, including Bharti, Vodafone, RCom and Tatas, in the race to acquire the two slots on offer.
The V150 has most of the basic features like voice, SMS and support for mobile payment services.
The Super Cup is an annual match played between the winners of the Champions League and the Europa League
A senior woman officer with Vodafone company in Chennai was on Wednesday found dead in a swimming pool of a five-star hotel in suburban Andheri, the police said.
Total revenue dropped by 10.5 per cent to Rs 19,634 crore in the fourth quarter of 2017-18
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Let's take a look at some of the biggest M&A deals in the world.
The phone number given by Maoists to the media asking Union Home Minster P Chidambaram to call on Thursday for peace negotiations belongs to a police constable who was abducted by the rebels.The Vodafone number 9734695789 belongs to Sisir Kanti Nag, the constable who was abducted by the Maoists demanding the release of the Peoples' Committee against Police Atrocities leader Chatradhar Mahato.
The telecom companies have billed the subscribers for the period of communication blockade which began on August 5 when the Centre abrogated provisions of Article 370 and split Jammu and Kashmir into two union territories.
Telecom major Bharti Airtel led the growth in segment with net addition of 1.31 million subscribers.
Vodafone, one of the largest GSM operators, had said that service providers like itself and "Bharti pay the highest spectrum charges per MHz to department of telecommunications compared to others. . .
The auction is the biggest ever sale of 2G and 3G airwaves.
Vodafone will launch a range of merchandise comprising T-shirts, kidswear, mugs, bed and bath accessories featuring the egg-headed mascots of the company that have gained a lot of popularity.
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
About Rs 52,500 crore (Rs 525 billion) has been offered as of the fourth day of the ongoing wireless spectrum auction on Thursday, with metros like Delhi seeing renewed demand for airwaves.
According to a study, the change in frequency for transmitting mobile signals could cost the telcos over Rs 1 lakh crore (Rs 1 trillion) cumulatively.
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