Bharti Airtel on Wednesday said introduction of mobile number portability is unlikely to affect the company's margins as it expects a major churn out of subscribers in favour of GSM operators.
In more shocking allegations, the wife of former Delhi Law Minister Somnath Bharti has charged him with unleashing dogs on her when she was pregnant and subjecting her to severe mental and physical torture, which were termed as "baseless" by the Aam Aadmi Party MLA.
Political observers lauded the SP's choices in fielding several non-Yadav and Scheduled Caste candidates, the party's alliance with the Congress, and Rahul Gandhi's campaign around the danger to the Constitution if the BJP won a big majority.
From the Sensex basket, Bharti Airtel, Nestle, Maruti, Tata Motors, HCL Technologies, NTPC, Asian Paints and State Bank of India were the major gainers. Sun Pharma, Reliance Industries, Mahindra & Mahindra, JSW Steel, Tech Mahindra and Bajaj Finance were among the laggards.
Younger people, who usually have a longer investment horizon which allows them to handle the interim volatility, may go for them.
The Aam Aadmi Party's national executive is meeting in New Delhi where it is likely to take a decision on the fate of its former minister and member of Legislative Assembly Somanath Bharti, who is on the run in a domestic violence case.
'India's top companies currently lack the organisational wherewithal to hire and train 2 million interns annually, given their current scale of operations and existing employee base.'
Prime Minister Narendra Modi-led National Democratic Alliance government has changed the telecom policy after receiving electoral bonds worth Rs 150 crore from a company, All India Majlis-e-Ittehadul Muslimeen chief Asaduddin Owaisi claimed on Thursday.
A court in Mumbai on Wednesday remanded Mihir Shah, the prime accused in the BMW hit-and-run case, in police custody till July 16.
'Primary buyers are commercial taxi and fleet operators and small businessmen.' 'CNG prices have been remarkably stable unlike petrol.'
From the Sensex basket, PowerGrid, Bharti Airtel, Wipro, HDFC Bank, Kotak Mahindra Bank, UltraTech Cement, Asian Paints, Infosys and Reliance Industries were the major laggards. Bajaj Finance, NTPC, Larsen & Toubro, Axis Bank, Tata Motors, IndusInd Bank and Bajaj Finserv were among the gainers.
'These are capex and infrastructure-linked sectors, PSUs or stocks of some corporate houses.'
January 22, 2024 has passed into history. Scenes from a day of religious fervour in many parts of India.
Benchmark equity indices Sensex and Nifty declined nearly 1 per cent on Wednesday, falling for the fourth day running amid profit-taking by cautious investors ahead of the results of the Lok Sabha polls. The 30-share BSE Sensex declined 667.55 points or 0.89 per cent to settle at 74,502.90. It went below the 75,000 mark to hit the day's low of 74,454.55, plunging 715.9 points or 0.95 per cent.
She said Mahatma Gandhi had talked about disbanding the party after Independence.
Asserting the AAP MLAs will not leave the party, Jha escalating his attack on the BJP said that Operation Lotus has begun again.
Qualcomm launched its new affordable, India-designed chipset, the Snapdragon 4s Gen 2, on Tuesday. This chipset will enable mobile device makers to sell 5G smartphones operating on a standalone (SA) network for Rs 8,300 or less.
Equity benchmark indices Sensex and Nifty hit their fresh record levels on Thursday after lower inflation numbers raised hopes of an interest rate cut by the RBI. Besides, heavy buying in capital goods, consumer durable and industrial stocks also helped the indices, traders said. Retail inflation continued its downward slide to reach a one-year low of 4.75 per cent in May due to a marginal decline of prices in the food basket and remained within the Reserve Bank's comfort zone of below 6 per cent, according to government data released on Wednesday.
The court ruled that chances of the legislator fleeing from justice was remote and he deserved the relief.
Telecom major Bharti Group Chairman and Managing Director Sunil Bharti Mittal denied any attempt on forming a cartel with other telecom players to distort competition. Bharti Airtel had received a 'notice of enquiry' by anti- monopoly watchdog MRTPC. Vodafone Essar and Idea Cellular too had received such notices. It was alleged that 3 GSM operators, by colluding, have simultaneously increased the price. Mittal said that MVNOs will not work in India due to existing tariffs.
A number of high-profile electoral battles, starring veterans and debutants, formidable opponents and unlikely contestants, feature in Tuesday's outcome.
The board of Bharti Airtel approved the rights issue to raise up to Rs 25,000 crore through the issuance of fully paid up shares at a price of Rs 220 per share and to raise an additional Rs 7,000 crore via the foreign currency perpetual bond issue.
While other backward classes had a share of 9 per cent, there were no scheduled tribe billionaires.
Thackeray also declared the candidature of Satyajit Patil, Bharti Kamdi and Karan Pawar from Hatkanangale, Palghar, and Jalgaon constituencies, respectively.
Union ministers Ravneet Singh Bittu and George Kurian were elected unopposed to Rajya Sabha Tuesday along with senior Congress leader Abhishek Manu Singhvi and former minister Upendra Kushwaha.
IT and interest rate-sensitive bank, realty, and auto stocks ended with sharp gains.
'BJP insiders acknowledge that the party needs to be helmed by someone who can match Arvind Kejriwal's stature.' 'A Sudhanshu Trivedi or Bansuri Swaraj could bring the freshness the party needs in Delhi,' points out Aditi Phadnis.
Bharti Singh and Haarsh Limbachiyaa found an unusual way to announce their wedding!
The charge sheet has been filed before a special Prevention of Money Laundering Act (PMLA) court in Delhi and the court has listed the matter to be heard on January 16, the sources said.
After the transaction with Temasek, Singtel will hold 47.39 per cent in Bharti Telecom.
The market capitalisation of listed companies on the NSE surpassed $5 trillion (Rs 416.57 trillion) on Thursday on a day when the Nifty 50 index touched an all-time high of 22,993.60. The Nifty 500 index also touched an all-time high of 21,505.25 on Thursday indicating that growth in the equity market is not restricted to only the large capitalised stocks, a statement by NSE said.
Sources said the party was upset with Bharti as it is unable to contact him.
From the Sensex basket, Bajaj Finance, Mahindra & Mahindra, HDFC Bank, JSW Steel, Maruti, Wipro, Bharti Airtel, Bajaj Finserv, ICICI Bank and ITC were the major gainers. Nestle India, HCL Technologies, Larsen & Toubro, Tata Consultancy Services, Tata Motors and Infosys were among the laggards.
Leader of Opposition in the Lok Sabha Rahul Gandhi met Speaker Om Birla on Thursday and voiced his displeasure over the reference to Emergency made by the chair, saying it was 'clearly political' and could have been avoided.
From the Sensex basket, NTPC, Power Grid, IndusInd Bank, Tata Steel, Tata Motors, JSW Steel, Tech Mahindra and Larsen & Toubro were the biggest gainers. Bharti Airtel, Maruti, ICICI Bank and Asian Paints were the laggards.
Stock markets will be driven by quarterly earnings by index majors, global trends and the RBI's interest rate decision this week after digesting news on budget proposals and US Federal policy outcome, say analysts. The trading activity of foreign investors and the movement of global oil benchmark Brent crude would also dictate trends in equities. "On the domestic front, the MPC (Monetary Policy Committee) meeting is scheduled from February 6-8.
A day after the Congress accused Uddhav Thackeray of unilaterally announcing his party's candidates for the upcoming Maharashtra legislative council polls, the two parties finalised a deal on Wednesday under which the Shiv Sena (UBT) will contest three out of four seats, while the grand old party will fight one.
Bharti, the daughter of controversial Uttar Pradesh politician D P Yadav, had flown in from United Kingdom to record her testimony.
Many who track the ministry and the technology sector closely believe that the space won't see much impact on the policymaking side, but the gestation time for regulations might get long, as now there could be a wider consensus-building exercise on policy matters under a coalition government.
India's second richest person Gautam Adani received a total remuneration of Rs 9.26 crore in the fiscal year ended March 31, 2024, lower than most industry peers as well as his own key executives.
