Telco sector has been been cutting back on freebies and discounted minutes to maintain profitability.
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
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Reliance, Birla Group, Airtel eye small finance banks.
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.
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SBI will hold 30 per cent in RIL joint venture
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
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.
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
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.
'Unless cash has ceased to be king, the issue is the same in the aviation, telecom and ecommerce sectors: Sustainability,' notes T N Ninan.
Reliance Communications could become a much more formidable opponent.
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.
'Spectrum payment to push up telcos' debt to Rs 3.5 lakh cr'
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.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
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.
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.
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.
Despite low tariffs, voice usage is not growing.
Telcos propose licence regime for apps like WhatsApp, Skype.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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.
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.
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.
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.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Spectrum auction: Govt revenues reach Rs 1.02 tln on Day 10
The company is targeting 100 million subscribers in shortest possible time, RIL Chairman Mukesh Ambani said
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