According to BSE, Bharti Airtel's revenue (on a standalone basis, excluding that from foreign operations and their subsidiaries) stood at Rs 49,919 crore (Rs 499.19 billion).
Telecom operators slash call rates to quake-hit Nepal
Voice calling will be free on Jio phones for life and post December 31, 10 data plans will be offered
Vodafone's operating loss from India business jumped to 692 million euros in April-September from 133 million euros in the same period last year.
Licence winners are expected to be announced by the first quarter of 2014.
The entry of the deep-pocketed conglomerate is expected to heighten competition.
The reason is believed to be a 19% increase in interest cost.
As per the latest data released by Telecom Regulatory Authority of India (TRAI), Vodafone Idea -- born last year from the merger of older operators Vodafone India and Idea Cellular -- continues to be the largest operator with 38.75 crore consumers and 33.36 per cent market share in the wireless segment as on May 31, 2019.
Ambani said Jio will offer the world's lowest data tariff
Given the escalating cost of doing business, the revenue opportunity is decreasing and consolidation is an inevitable part of the industry.
In its letter Voda Idea has warned that it is not in a sound financial state, and added that it would be in a position to meet its liabilities only if the government initiates steps including allowing set-offs for GST credit accumulated so far, and permitting staggered mechanism for payment of balance amount of interest, penalty, and interest on penalty.
For 2100-MHz, 2300-MHz and 2500-MHz bands across circles; aim to offer these with 3G and 4G in February
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
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SBI will hold 30 per cent in RIL joint venture
The Pune-based Rahul Bajaj group, thanks to an amazing stock market ride by Bajaj Finance and Bajaj Finserv, has grabbed third spot, pushing the Aditya Birla group down to fourth position.
The call failure rate, Jio said, has been worsening rapidly in the last few days, while augmentation of interconnection capacity is still awaited
'Kindly advise about the following stocks. Can I hold or exit?'
BSE Smallcap index outperformed the frontline indices to rise 0.6%, while the BSE Midcap was flat
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Reliance, Birla Group, Airtel eye small finance banks.
Domestic market is losing its trend to rate sensitive stocks post the announcement of the new RBI governor who is likely to maintain a cautious stance on interest rate cut
Telcos may hike mobile rates to recover spectrum cost: Moody's
DoT committee rejects most Trai suggestions for freeing airwaves for sale.
At the moment, data and broadband is small for BSNL: it contributes 10 per cent of the company's revenue, though its share is on the rise.
Both the indices ended at their highest levels since February 1.
Govt likely to make security clearance mandatory for telcos irrespective of equity holding before giving licences; DoT members to meet today.
The company is targeting 100 million subscribers in shortest possible time, RIL Chairman Mukesh Ambani said
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Last year, the software giant launched a cloud adoption programme for SMBs.
Hutch and Aircel jointly lead the customer expectations ranking, ahead of Reliance, Tatas and Bharti as per the latest survey by TNS Celltrack, while MTNL has the dubious distinction of being the last on this overall list covering 13 circles.
Banks have Rs 10 trillion in stressed assets - Rs 7.8 trillion of bad loans and Rs 2.2 trillion of restructured ones.
Sensex, Nifty end the day in red ahaead of F&O expiry.
Sensex ends belowe 26,800 on domestic concerns.
Most of the session's gains for both the indices were wiped out as investors rushed to book profits ahead of F&O expiry on Thursday and also due to concerns over stretched valuations.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
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