Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Kumar Mangalam Birla will be the non-executive chairman and Balesh Sharma the new CEO of the merged entity, which will remain listed.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The telecom spectrum auction entered the 33rd round of bidding today after starting off from the Rs 52,689 crore (Rs 526. 89 billion) mark this morning.
Three stockmarket experts give their best picks for the New Year.
Global rating agency Fitch on Tuesday said the imminent entry of Reliance Jio into the telecom space will see a likely 20 per cent fall in data tariffs, but will not have any impact on the credit profile of the top four incumbents in the medium term as their revenue is on an uptick on rising voice tariffs and improving regulatory environment.
Sensex lacklustre, bluechips in focus.
A new board has been constituted for the merged entity 'Vodafone Idea Ltd' with 12 directors (including six independent directors) and Kumar Mangalam Birla as its Chairman. The board has appointed Balesh Sharma as the CEO, the companies said in a joint statement. The combination will have an all-India revenue market share of 32.2 per cent and take the numero uno slot in nine telecom circles, it said adding that both Vodafone and Idea brands will continue.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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.
In 2012, private equity investments touched $7.5 billion.
DoT committee rejects most Trai suggestions for freeing airwaves for sale.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Sensex remained volatile through the day.
Reliance Industries leads the pack of 56 Indian companies.
At 15.05 PM, the 30-share Sensex was up 281 points at 28,238 and the 50-share Nifty gained 86 points at 8,577
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.
All major sectors -- real estate, e-commerce, IT, retail and consumer products, healthcare -- saw new all-time highs in value invested.
IT majors weakened ahead of the September US jobs data and telecom stocks ended lower
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The recent Indian telecom spectrum auction will hasten industry consolidation, strengthen tariffs and reduce regulatory risks.
Infosys was the top gainer in the Sensex pack, rising 2.36 per cent, followed by HDFC Bank up 1.39 per cent.
'The book captures Rana Kapoor's hunger for real estate leading to bungalows in Delhi, Mumbai, London and other cities; the multiple companies -- over 100 -- to fund his family's various ventures; the attempt to game the system by showing lower non-performing assets,' notes Joydeep Ghosh.
In what could be one of the largest launches in the telecom services space, Reliance Jio Infocomm is set to roll out its 4G LTE services in 800 Indian cities between April and June next year.
In the Sensex kitty, ITC turned star performer by surging 2.45 per cent, followed by NTPC rising 2.19 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Midcap stocks continued to remain on buyers' radar with BSE Midcap index up 0.1%.
Bombay Stock Exchange Sensex closed 30 points lower at 21,140 levels.
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
The 30-share Sensex provisionally ended up 46 points to end at 28,122 and the 50-share Nifty gained 20 points to close at 8,514.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Sensex and the Nifty had touched a low of 27,921 and 8,349 respectively.
No respite in sight as not many big deals, initial public offerings in pipeline.
The S&P BSE Sensex gained 57 points to end at 26,064 and the Nifty50 climbed 17 points.
Premiumisation, improving demand aid realisation growth at most large firms
Metal stocks were trading under pressure while IT, auto, realty stocks gained in today's deals
Markets will be closed on Thursday and Friday on account of Holi and Good Friday, respectively.
The BSE Sensex zoomed 318 points to end at 33,351.57, while the broader Nifty spurted 88 points to 10,242.65.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
Sources say companies will have to keep the market share of merged entities below 50% in all circles
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