Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Bharti Airtel is all set to start financial services on mobile phones as the company has been granted a licence by the Reserve Bank of India recently.
Bharti Tele-Ventures, ICICI Bank and Visa have joined hands to launch mChq - a credit card on the mobile phone.
Top corporates and banks, including Bharti Airtel, Maruti Suzuki, SAIL and SBI, have paid lower advance taxes during the July-September quarter reflecting the impact of slowdown.
Service was launched in Mumbai in July and it will be expanded across the country in a phased manner
This merger, Bhupesh Bhandari believes, will be watched keenly by management gurus the world over.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Vodafone Idea, which reported a loss of Rs 6,439 crore in the December quarter, said it had received letters from the department of telecommunications (DoT) directing immediate payment of dues amounting to Rs 54,000 crores after the SC judgment. "The company is currently assessing the amount that it will be able to pay to DoT towards the dues calculated based on AGR, as interpreted by the Supreme Court in its order dated October 24, 2019. The company proposes to pay the amount so assessed in the next few days," it stated.
Use a "virtual credit card" for every online transaction when you can't pay cash on delivery.
Auto stocks led the rally with Tata Motors, Hero MotoCorp and Maruti Suzuki leading the gains.
Analysts said even though the Indian economy is expected to slow down to 7.2 per cent in fiscal 2020, it is still the best bet for investment for foreign investors.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Top gainers in the Sensex pack included Hero MotoCorp, Maruti, M&M, Bajaj Auto, HUL, HCL Tech, Bajaj Finance, ITC, HDFC and L&T, rising up to 7.51 per cent.
The Sensex ended above 27,000 for the first time while the Nifty topped 8,100.
Manoj Sinha will retain his current role in the railways.
From Singapore to Almora, Abhishant Pant has survived without cash, and he wants to continue in that state all his life.
Agreement between Bharti Airtel and Loop Mobile, which offers mobile services in Mumbai, expired on October 31
With the new entity coming in force, Bharti Airtel will lose the tag of India's biggest telecom service provider to the new entity.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The NSE Nifty also gained 53 points, or 0.49 per cent, to settle 10,855.15 after shuttling between 10,870.40 and 10,749.40.
Government's resolution on the contentious issue of spectrum usage fee seems to have found favour with telecom operators with none of them withdrawing their application from airways auction on the last day on Monday.
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.
Indian mobile commerce player Paytm on Tuesday launched Paytm Cash - a semi-closed wallet for online shopping.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Strong gains in metal, energy, auto and power shares lifted the key indices to new highs.
ONGC was the top performer while private banking major ICICI Bank extended gains
In the Sensex pack, M&M was the biggest loser, tumbling by 6.66 per cent, followed by TCS dropping 4.14 per cent.
'There is no doubt at all that Jio's disruption of the mobile broadband market was a turning point for India's digital economy.'
In effect, companies which put their money in telecom in India would have done much better to keep the cash in bank and earn interest.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The 30-share Sensex ended down 30.30 points at 28,161.72 and the 50-share Nifty dipped 7.95 points at 8,543.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
The Nifty50 slipped 33 points to close the session at 8,509 after hitting an intra-day high of 8,587.
Kumar Mangalam Birla will be the non-executive chairman and Balesh Sharma the new CEO of the merged entity, which will remain listed.
From crisis leaders to future Goliaths, India Inc saw them all in 2017, says Shailesh Dobhal.
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.
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