"We are interested in states like West Bengal, but the government does not seem enthusiastic about this.Currently, we are looking at states which are more proactive and have invited us in setting up this venture," said Rajan Bharti Mittal, vice chairman and managing director of Bharti Enterprises.
The Delhi high court on Tuesday dismissed Aam Aadmi Party MLA and former law minister Somnath Bharti's anticipatory bail plea.
Anil Ambani-led Reliance Communications on Saturday reacted sharply to rival Bharti Airtel's statement that others have equal opportunity to succeed, saying "if Bharti honestly believes in competition, it should welcome entry of RCom and other new players in GSM" segment.
From the Sensex pack, ICICI Bank, State Bank of India, Larsen & Toubro, Maruti, Tata Steel, Kotak Mahindra Bank, Bajaj Finance, Nestle, Power Grid and HDFC Bank were the major gainers. Jio Financial Services, Bharti Airtel, Tata Motors, Tech Mahindra, ITC, UltraTech Cement and Mahindra & Mahindra were among the laggards.
Profit taking in Bajaj Finance, Nestle, Kotak Bank, SBI, Bharti Airtel L&T and Asian Paints also weighed on the benchmark index. Maruti bucked the trend by gaining 1.73 per cent after strong retails sales in September. Power Grid, M&M. JSW Steel and Tata Steel also advanced.
Telecom operators are not opposed to over-the-top service providers like Skype, Viber, WhatsApp but looking to work in synergy with them, Bharti Enterprises Vice Chairman Akhil Gupta said on Wednesday.
There was a quite a turn-out for the Golden Glory Awards 2023 in Mumbai over the weekend.
Pressure mounted for removal of Delhi Law Minister Somnath Bharti on Wednesday after one of the African women assaulted in a midnight raid in south Delhi accused him of having led the group that barged into her house and attacked them.
Trai's recommendations should incentivise all serious operators to look at how to reach telephony to the hands of people living in villages which have a population of 500 or 1,000, which they would otherwise refrain from.
Reacting sharply to Bharti Airtel's offer to pay Rs 2,650 crore (Rs 26.50 billion) for all-India spectrum, Anil Ambani-led Reliance Communications on Monday said said the GSM operator was trying to prevent competition. "This is another ploy of Bharti to prevent competition. It shows their (Bharti's) anti-consumer and anti-competitive behaviour," an RCom spokesperson said.
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