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Reliance, Birla Group, Airtel eye small finance banks.
Trai's move is seen as a relief for the debt ridden sector and the industry body COAI expects that continuing with six paise mobile call termination charge will not have any impact on consumers as operators have already absorbed this charge in their recently increased mobile call and data rates.
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
Taking advantage of the RBI's different accounting year, the Centre had started demanding an interim dividend till the time the latter's final balance sheet is prepared (usually in August). To address this anomaly, an expert committee led by former RBI governor Bimal Jalan had recommended aligning the RBI's financial year with that of the government.
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SBI will hold 30 per cent in RIL joint venture
Analysts attribute this fall to the recent moderation in energy (mainly crude oil) and commodity prices, lowering of input costs for companies in sectors such as FMCG, consumer durables, and automobiles, reports Krishna Kant.
Market leader Bharti Airtel added the maximum 17.22 lakh (1.72 million) new users during the month to take its base to 19.65 crore (196.5 million) at the end of November.
Says, Jio unlikely to gain 2% revenue market share in 2017
Bharti Airtel's total revenue for the December 2018 quarter stood at Rs 20,519 crore, just one per cent higher than the Rs 20,319 crore in the corresponding period of the previous year.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
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).
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Reliance Communications could become a much more formidable opponent.
'Spectrum payment to push up telcos' debt to Rs 3.5 lakh cr'
'Unless cash has ceased to be king, the issue is the same in the aviation, telecom and ecommerce sectors: Sustainability,' notes T N Ninan.
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.
ONGC was the top performer while private banking major ICICI Bank extended gains
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.
Customers may lose freebies or have to pay a little more for mobile services in the days ahead as operators try to make up for Rs 61,100 crore they have committed to government in the latest spectrum auction.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
Mukesh Ambani-led company will squeeze market shares and margins of existing players
The entry of the deep-pocketed conglomerate is expected to heighten competition.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
A year after Bharti Airtel launched 4G services, there are only 6.5 mn users in the country
Congress party has alleged that Modi government is surreptitiously taking steps to protect the interests of six leading telecom companies.
Telcos propose licence regime for apps like WhatsApp, Skype.
Despite low tariffs, voice usage is not growing.
Reliance Jio submitted the highest pre-auction deposit.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Banks have Rs 10 trillion in stressed assets - Rs 7.8 trillion of bad loans and Rs 2.2 trillion of restructured ones.
The coming Union Budget might give relief to foreign portfolio investors from taxation on indirect transfers.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Sources say companies will have to keep the market share of merged entities below 50% in all circles
Authorities were busy taking steps to restore the battered infrastructure in Visakhapatnam and other cyclone-hit districts in coastal Andhra Pradesh, apart from ensuring supply of essential commodities.
Move comes in view of big debt overhang in two sectors; companies unwilling.
Move comes in view of big debt overhang in two sectors; companies unwilling.
DoT committee rejects most Trai suggestions for freeing airwaves for sale.
The deal between Bharti group and Tata Teleservices is yet another example of how swiftly things can change in business.
Spectrum auction: Govt revenues reach Rs 1.02 tln on Day 10
Airtel has pitched for a hike in mobile and data tariffs.
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