Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Several high profile companies are burdened with losses, mounting debt and have a huge load of operational costs.
With the new entity coming in force, Bharti Airtel will lose the tag of India's biggest telecom service provider to the new entity.
Irrespective of demonetisation and GST blues, IIM Lucknow has been able to successfully place their batch of 459 students.
Troubled Vodafone Idea Ltd (VIL) has filed a review petition in the Supreme Court after the apex court recently dismissed its plea for rectification of the alleged errors in the calculation of adjusted gross revenues-related dues. In the petition, filed earlier this week, VIL has said it is "a travesty of justice" that the company is restrained from questioning the arithmetical errors/ omission which are going to cost it about Rs 25,000 crore (Rs 5,932 crore of principal plus interest, penalty and interest on penalty). VIL has said its contentions have been rejected by the order under review and added that this denial could result in the company going under and its about 27.3 crore subscribers being left "high and dry".
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
The calculation excludes cross-holding of listed group cos in each other.
At the prison, both Ranjan and Manglik's cell phones were pressed into service by the CBI. Why the CBI didn't bring its own equipment seems a mystery... Ranjan's cell handset was given to Indrani and Manglik dialed it. Indrani then spoke and her speech, that emanated from the phone, via speaker mode, was recorded.
Other major laggards were IndusInd Bank, SBI, Bharti Airtel, ONGC, Tata Steel and Reliance Industries -- falling as much as 6.30 per cent.
Jio's global partnerships took shape this year when Jio Platforms, a 100 per cent subsidiary of Reliance Jio which has invested in various digital platforms, was able to woo a bevy of marquee investors: Facebook, Google, Qualcomm, Intel, and a numerous PE funds.
Govt to play enabler not handler, India never had more decisive government: PM Modi Prime Minister Narendra Modi on Monday cited his dispensation's push for wide-ranging reforms, including the privatisation of Air India, to assert that the country never had a more "decisive government". Launching the Indian Space Association (ISpA), an industry body aspiring to be the voice of the country's space sector, Modi noted that fields like mining, coal, defence and space have been opened to private players, and said his government's clear policy about public sector enterprises is to open those to private industry where its presence is not required. While opening a host of sectors, the government has built a regulatory environment in which priority has been given to national interest as well as the interests of different stakeholders, he said.
The chairman and group managing director of Bharti Enterprises, Sunil Bharti Mittal, was chosen the best Asian Telecom CEO
The decision of the Telecom Commission to approve in-flight connectivity won't just bring cheer to the chat-friendly passengers, but even more to the telecom industry facing severe financial stress, says Nivedita Mookerji.
Investigators on Friday failed to file the status report before a court in New Delhi in a case lodged by them against unnamed persons for allegedly molesting an African woman during a midnight raid by a group purportedly led by Delhi Law Minister Somnath Bharti.
Among all Joshi's other portfolios -- he is also minister for coal and mines -- it is parliamentary affairs that is politically the most crucial. But to make a success of his job, he may have to hone his people skills a bit more, reports Aditi Phadnis.
4 MNCs among top 10 companies with dividend-earning promoters in FY15.
The stipulation that new front-end stores will have to be set up will impact M&A in the sector.
In the Sensex pack, other gainers were Bajaj Finance, Bharti Airtel, Tata Motors, Hero MotoCorp, HUL, Asian Paints, HDFC duo and ONGC -- gaining as much as 2.87 per cent.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
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Traders were up in arms, fearing huge job loss if Walmart was to enter.
DoT still working on final AGR dues due to varying accounting practices. Telecom operators have been submitting two separate audited details of deduction towards interconnection usage charges and roaming fee to the DoT.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
ICICI Bank chief K V Kamath to be new CII vice president.
In the eye of a storm, controversial Delhi Law Minister Somnath Bharti on Saturday accused the media of taking money from Narendra Modi and slammed the Delhi Commission for Women.
Traders' body CAIT on Wednesday wrote to Reliance Industries chief Mukesh Ambani and 50 other captains of India Inc, including Ratan Tata, Azim Premji, Gautam Adani, Ajay Piramal, Anand Mahindra and Sunil Bharti Mittal seeking their support in its campaign to boycott Chinese goods. The Confederation of All India Traders (CAIT) also urged Kumar Mangalam Birla, Vikram Kirloskar, Rahul Bajaj, Shiv Nadar, Pallonji Mistry, Uday Kotak, Nusli Wadia, Shashi Ruia, Madhukar Parekh, Harsh Mariwala, Satish Reddy and Pankaj Patel, among other prominent industrialists, to join its 'Bhartiya Samaan-Humaara Abhimaan' campaign.
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.
Essel group on Tuesday welcomed the terms of the tender and said it would submit its bid on Wednesday.\n
The government on Tuesday invited financial bids from all the nine applicants, including Bharti Airtel, Vodafone, Tata Teleservices and RCom, who had applied for participating in 3G spectrum auction.
The Delhi government on Wednesday moved to remove DCW Chief Barkha Singh by proposing Hindi novelist Maitreyi Pushpa's name to head the women's commission even as Singh accused the ruling Aam Aadmi Party of targeting her for summoning Law Minister Somnath Bharti in the south Delhi raid episode.
The police had filed charges in December against Bharti Airtel and Vodafone's India unit.
India's leading private sector cellular operator, Airtel is targeting a mobile customer base of 25 million in the next two years, Sunil Bharti Mittal, chairman and group managing director, Bharti Enterprises, said on Wednesday.
Sunil Mittal-led Bharti Airtel acquired the African business of Kuwait-based Zain in a $10.7-billion deal, which was completed in June.
The Delhi government sought the intervention of the external affairs ministry in providing "protection" to three Ugandan women after they alleged they were held hostages by drug mafias in the Malviya Nagar area of South Delhi.
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.
Joint venture will enable it to get foot in the door of rapidly growing market.
The JV between the two has won BWA spectrum in Delhi, Mumbai, Haryana and Kerala.
On the ground, rural medical infrastructure and more crucially, women's access to reproductive health services is practically non-existent in Uttar Pradesh, reports Geetanjali Krishna.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
