On the Sensex chart, Sun Pharma was the top loser, followed by Maruti, L&T, Hero Motocorp, Infosys, ONGC and RIL.
Cheap data plans, affordable handsets, increasing popularity of video services and 4G networks have helped average data consumption per user in India to grow to over 11 GB a month, telecom gear maker Nokia said on Thursday. Nokia -- in its annual Mobile Broadband India Traffic Index (MBiT) report -- said the overall data traffic in India increased by 47 per cent in 2019, driven by continued 4G consumption. 4G data constitute 96 per cent of the total data traffic consumed across the country, while 3G data traffic registered its highest ever decline of 30 per cent, it added.
Bangalore-based OnMobile, a telecom value-added services provider, has acquired France-based Voxmobili, a software solutions provider, for an undisclosed amount.
While discretionary spend by global enterprises is likely to negatively impact all Indian IT firms, more revenues from products and less exposure to financial services segment are likely to lessen the impact for HCL Technologies and Tech Mahindra.
'Putting tanks on the Ladakh border is not enough to combat China, what is needed to ensure resilience against any cyber-attacks or attacks in outer space or China flexing its economic muscle, as it did with Australia.'
Not just mid- and small-sized firms, even big ones will either sell group companies or stakes in their listed entities to tide over crisis; more sell-offs seen in coming months.
To outgoing Vodafone CEO Vittorio Colao, negotiating big deals was an art form, as an international report pointed out after the $130-billion sale of Vodafone's 45 per cent stake in Verizon Wireless, says Nivedita Mookerji.
The US is set for a geographically limited 5G rollout this Christmas, after a bumper $81 billion spectrum auction earlier this year. Just as the rollout date nears, the US Federal Aviation Administration (FAA) has sounded alarm bells over potentially fatal consequences of 5G interference on aircraft. Similar consequences could apply in India, where 5G spectrum auction is scheduled in January 2022, with the rollout beginning later next year (though reports suggest impending delays).
In 2012, India attracted $22.78 billion of FDI, according to the data by Department of Industrial Policy and Promotion.
With operations in Mumbai, Bangalore, Chennai, Hyderabad, Kolkata and Pune, Capgemini India offers its services across several verticals including retail, telecom, manufacturing, energy, utilities, finance and the public sector.
Fresh buying by domestic institutional investors and better-than-expected June quarter results from some blue-chip companies boosted investor sentiment
Alcatel-Lucent has bagged the contract to build undersea cable linking Mumbai and France.
Facebook owns WhatsApp and Microsoft owns Skype, the two services that are at the centre of the current "net neutrality battle".
Telecom equipment maker Alcatel-Lucent unveiled plans on Tuesday to cut an overall 10,000 jobs worldwide by the end of 2015, hoping to save 1 billion euros ($1.36 billion) and turn the company around after years of losses.
The Frenchman won the 14th stage of the Tour de France, but Spaniard Oscar Pereiro retained his overall leader's yellow jersey.
India's 100 top billionaires have seen their fortunes increase by Rs 12,97,822 crore since March last year when the Covid-19 pandemic hit the country and this amount is enough to give 13.8 crore poorest Indians a cheque for Rs 94,045 each.
About 3,000 internet connections, including those of the Ministry of Defence, security agencies, the Central Bureau of Intelligence and banks in Delhi, have been found to be compromised, probably for snooping from foreign locations, according to a report submitted by cyber security experts to government.
Verdicts paving the way for construction of a Ram Temple at Ayodhya and India's multi-billion dollar Rafale fighter jet deal with France were 2019's landmark imprints of the Supreme Court, which also found itself at the centre of a controversy with then Chief Justice of India Ranjan Gogoi being accused of sexual harassment before getting the clean chit.
Rahul has singled out Anil Ambani several times for winning the Rafale defence contract from the Narendra Modi government, alleging favouritism and corruption.
Finance Minister Jaswant Singh has cleared 38 foreign direct investment proposals worth Rs 121.46 crore (Rs 1,214.6 million), including those of the United States-based Nalco Chemicals and French company FCI.
The mobile -- billed as the world's slimmest phone at 6.5 mm thick -- will go on sale in 31 markets, including Britain, Germany and China, starting this month for 449 euros ($630) without a SIM card or service contract.
Hearing from Apr 18 by five-judge SC bench against WhatsApp, FB move; Centre, Trai also summoned
Broader gains were capped as investors awaited corporate results from major firms
Its pre-consultation paper has been silent on the issue of closed electronic communication network, a loophole telcos can exploit to offer discriminatory pricing.
ONGC was the top performer while private banking major ICICI Bank extended gains
According to sources, Russian energy giant Rosneft or its affiliates, Saudi Aramco and Reliance Industries are in race for BPCL's three refineries - Mumbai, Kochi in Kerala and Bina in Madhya Pradesh - 16,309 petrol pumps, 6,113 LPG distributor agencies and more than a fifth of 256 aviation fuel stations in the country.
In UK, France and Germany, the president and CEO of Edelweiss Securities, anticipates votes incrementally in favour of local protection and de-globalisation.
The Nifty has gained 2.6% so far this week, while the Sensex has climbed 2.85%
Declining urgent hearing, the top court observed that judges have more cases 'than they can handle'.
On a weekly basis, the Sensex climbed 749.86 points or 2.69 per cent and the NSE Nifty soared 237.10 points or 2.76 per cent
The 30-share Sensex ended down 69 points at 28,192 and the 50-share Nifty closed 20 points lower at 8,551.
Side indices raced ahead with BSE Midcap and BSE Smallcap advancing 0.4% and 0.3% up, respectively.
Sensex remained volatile through the day.
Profit-booking by participants in view of the domestic markets' recent record-setting run fuelled the downtrend
The broader Nifty too fell for the second straight session and closed with a loss of over 62 points, or 0.54 per cent, at 11,520.30, after hovering between 11,496.85 and 11,602.55.
The report forecasts that by 2020, four out of every five smartphone connections worldwide will come from the developing world.
BSE Midcap and BSE Smallcap indices hit their fresh lifetime highs for the second day in a row
India was the second largest filer of international trademark applications among the BRICS nations in 2014.
