'2018 has seen a bi-polar market.' 'Thanks to gains in some key stocks, market returns are positive. But there has been huge wealth destruction in the small and mid-cap space.'
While only 78.15 per cent of Jio's total subscriber base was active, Airtel boasts of 98.14 per cent active customers.
Telco sector has been been cutting back on freebies and discounted minutes to maintain profitability.
The government has signed Bippas with 72 nations.
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Reliance, Birla Group, Airtel eye small finance banks.
Battleground shifts to rural and small towns, where user base aspires to upgrade to smartphones.
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SBI will hold 30 per cent in RIL joint venture
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
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.
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.
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.
Says, Jio unlikely to gain 2% revenue market share in 2017
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.
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.
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.
Reliance Communications could become a much more formidable opponent.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
'Spectrum payment to push up telcos' debt to Rs 3.5 lakh cr'
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.
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
'Unless cash has ceased to be king, the issue is the same in the aviation, telecom and ecommerce sectors: Sustainability,' notes T N Ninan.
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.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
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.
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.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
DoT committee rejects most Trai suggestions for freeing airwaves for sale.
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