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.
Move comes in view of big debt overhang in two sectors; companies unwilling.
Move comes in view of big debt overhang in two sectors; companies unwilling.
Indian CEOs might like to make some serious course correction.
Gains in financial shares capped further downslide.
Some leading Indian companies are likely to see their earnings declining if the Indian currency depreciates further, analysts and finance heads say.
Mittal would travel in trucks with his consignments.
Several high profile companies are burdened with losses, mounting debt and have a huge load of operational costs.
'The service we are offering is for all telcos and not just Bharti.'
The network has been built by six telcos to handle high bandwidth demands of emerging technologies and applications.
The 30-share Sensex ended in the red.
A data plan currently priced at Rs 100 should not cost more than Rs 34, if India has to make the Internet affordable for 80 per cent of its population.
While Indians are increasingly using mobile platforms and technology for various financial transactions and purchases like bill payments, ticket bookings, entertainment, travel and banking transactions, cross border mobile remittance is yet to see the light of the day.
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The 30-share Sensex lost 22 points to close at 27,090 and the 50-share Nifty gained 7 points to end at 8,121.
IT exporters were the top gainers amid a weak rupee along with select index heavyweights.
The broader markets are outperforming the benchmark indices.
Markets snapped two-day losing streak and ended flat with a positive bias on Tuesday as gains in auto shares helped offset losses in IT majors.
This could mean an end to the talks for a possible partnership between the two firms in the multi-brand retail space -- less than a year after 51 per cent foreign investment was allowed in the sector.
The company will wait for sizeable user base for better valuation.
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
'Why Twitter? To reiterate, because Live is powerful'.
Sensex dull at close, Infosys rules, ITC drags.
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Revenue yield on every rupee of investment fell to Rs 1.06 in FY13 from Rs 1.20 in FY08.
Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.
Anurag Singal, founder of cajobportal, a job site that caters exclusively to CAs and commerce graduates tells us how he aims to skill and enable satisfactory employment to aspiring professionals.
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