At present 100% FDI is allowed, of which up to 49% investment in a company can be done through the automatic route
Reliance earned $11.50 for every barrel of crude that it processed during the last three months of the calendar year - almost 60 per cent more than a year earlier.
Companies might have to shell out a fourth of the industry's annual net revenue to clear the obligation
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.
Battleground shifts to rural and small towns, where user base aspires to upgrade to smartphones.
In a dig at Jio's Rs 1,500 4G-enabled feature phone, the Sunil Bharti Mittal-led company said its smartphone would be made available for the price of a feature phone
The incumbent operators faced the onslaught of free offers and cheaper rates from Jio.
Telcos have indicated that rates will have to be raised, as higher volumes alone will not suffice to meet the higher costs.
Telecom companies have put in bids worth Rs 58,332 crore (Rs 583.32 billion) in spectrum auction at the end of 49 rounds on the 7th day of bidding on Monday.
The auction started off with the 36th round this morning. At the end of 35 rounds on Friday, bids worth around Rs 54,600 crore had been received by the government.
'There was trust, but perhaps there was also this apprehension that given the supreme post of prime minister, Sonia Gandhi felt her authority may be a challenged.'
43 rounds of bidding has taken place.
Spectrum auction: Govt revenues reach Rs 1.02 tln on Day 10
Operators continued aggressive bidding in 900 MHz band
Airtel has pitched for a hike in mobile and data tariffs.
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.
Vodafone Plc and its ex-shareholders have suffered due to the delay in an Initial Public Offer (IPO) of its Indian unit.
In the summer, we tend to eat less and drink more. Avoid large portions of food, as they will be difficult to digest and may cause you to feel tired and lazy. Instead, have frequent and small portions of meals, which will keep them fresh and light, suggests Dr Shoaib Sangatti, emergency physician, Ruby Hall clinic, Wanowire.
Dissing rivals is not going to cut much ice with today's millennials who don't think what is "free" is any worse than what is paid for, says Ambi Parameswaran.
Reliance joins a number of large companies, including the Essar and Adani groups, which are raising loans abroad as interest rates in India remain high.
The return of investor confidence in the equity markets is bringing some of the large companies back to the fund-raising table.
Telcos may hike mobile rates to recover spectrum cost: Moody's
This equity capital infusion is the country's largest-ever FDI.
The letter was written on February 20, two weeks after the Cabinet Committee of Economic Affairs had approved the 100 per cent ownership proposal of Vodafone Plc in Vodafone India, at a proposed investment of Rs 10,141 crore (Rs 101.41 billion).
Telecom companies (Airtel, Vodafone, ABNL-via Idea Cellular), which enjoy larger reach, appear to be better placed among the key companies bagging payments bank licences.
Eight telecom companies, including Bharti Airtel, Vodafone and Idea Cellular, the biggest three in the country, bid a combined Rs 61,162 crore (Rs 611.62 billion) in the spectrum auction held earlier this month.
The DoT report is expected by the end of the month.
Sensex rises, snapping two-session losing streak; banks, auto gain.
The CAG report, tabled in Parliament, states the interest on the short payment stood at Rs 1,052.13 crore for the period up to March 2016.
Funds will be raised via non-cumulative preference shares issued to Tata Sons on rights basis
Financial shares were the top losers.
After initial success, data use is stagnating and getting consumers to spend additional money for high-speed internet is proving to be difficult for telcos.
The company is targeting 100 million subscribers in shortest possible time, RIL Chairman Mukesh Ambani said
Govt likely to make security clearance mandatory for telcos irrespective of equity holding before giving licences; DoT members to meet today.
The entry of the deep-pocketed conglomerate is expected to heighten competition.
The recent Indian telecom spectrum auction will hasten industry consolidation, strengthen tariffs and reduce regulatory risks.
Last year, the software giant launched a cloud adoption programme for SMBs.
The interconnection charge has been reduced.
The Cellular Operators Association of India (COAI) has bluntly told the government there is no reason for its members to roll out 5G networks as they will be unviable if 'captive private wireless networks' are allowed to be run by enterprises. The COAI, which has Bharti Airtel, Reliance Jio and Vodafone Idea as its key members, has written to Communications Minister Ashwini Vaishnaw saying there is 'no business case for the roll out of 5G networks'. Permitting such captive networks will 'diminish the revenue so much that there will be no viable business case left for the telecom service providers and there will not remain any need for 5G network roll out by telecom service providers (TSPs)'.
