'All three players in the market are haemorrhaging cash. Average consumer is consuming 12 gigabits (GB) at price points you don't see anywhere else.'
The earnings are, however, expected to be down around 2 per cent on a sequential basis due to pent-up demand getting exhausted and the adverse impact of rising metals and energy prices on consumer goods and manufacturing companies.
Consolidated revenue rose to a record Rs 163,854 crore.
The officials said Pakistani intelligence operatives have adopted the modus operandi of investing in illegal call exchanges that switch Voice over Internet Protocol (VoIP) calls to normal Indian mobile calls.
Investment by US PE firm KKR will add fire to Ambani's battle for dominance in the retail market that is also being eyed by Jeff Bezos' Amazon and Walmart's Flipkart.
Spectrum is critical for Tata Tele because in some circles, Rajasthan for example, it has spectrum only in 60 per cent of the geography, while allocation for the rest has yet to come from the government.
Bad loans of PSU banks rose by 28.5 per cent.
Says extreme secrecy is maintained and utmost care and precaution is taken in matter of interception as it affects privacy of citizens
Ten days after Hizbul Mujahideen leader Burhan Wani was eliminated by the armed forces, Kashmir continues to see massive unrest, with the violence claiming over 40 lives.
Diverse marquee investors are becoming long-term shareholders of Jio Platforms because of a unique set of technologies and platforms under one entity.
Vittorio Colao, who is currently on an India visit, said he would be open to listing his company in the country
It is mystifying how the NSE, a near-monopoly, gets protection, as the February 24 episode shows, when it is competition and accountability that should be the regulatory objective, says Debashis Basu.
The intial round of efforts did not achieve the objectives fully.
Stock market barometers Sensex and Nifty ended marginally higher on Monday as rise in wholesale inflation capped early gains despite a positive trend in global markets. The 30-share index settled 32.02 points or 0.05 per cent higher at 60,718.71 with half of its constituents ending in green. The broad based Nifty edged up 6.70 points or 0.04 per cent to close at 18,109.45.
'When an enemy country is looking for information to sabotage a system from a remote location, they can access your data, they can stop the functioning of our power plants, they can stop the functioning of critical systems in the network.' 'It is very important that we should have full control of everything in the network.' 'Most Indian companies buy from China only because of the kind of incentive they are getting.' 'By doing so, these Indian companies are exposing themselves to dangers in the coming years.'
The recent Indian telecom spectrum auction will hasten industry consolidation, strengthen tariffs and reduce regulatory risks.
The US Congress has imposed a special fee of up to $4,500 on the H-1B and L-1 visas.
Sensex rally was driven by Bajaj FinServ, Reliance Industries, Bajaj Finance, ICICI Bank, HDFC and Axis Bank. NSE Nifty climbed 326.50 points to end at 15,245.60.
Though a weak dollar will lend some support to revenues and margins in FY21, the demand environment will outweigh any gain.
Bharti Global is planning to put up more satellites and has set a stiff deadline to launch commercial Internet services by October in the UK, Alaska, northern Russia and northern Europe.
Ambani's $15 bn bet will upend Indian telecom
The telephone subscriber base was 996.49 million at the end of March.
Might end up with a smaller slice as more contracts get restructured, warn analysts.
Jio has accused incumbent telecom operators for not providing the required number of equipment to connect its mobile network with theirs
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a 12 per cent rise in December quarter net profit on improving oil-to-chemical business, strong continued momentum in retail and steady telecom unit Jio.
Motorola today launched its first flagship smartphone Moto X, after being taken over by Google, to take on competition from Apple and Samsung.
From the pandemic shocks to state polls to global trends, a raft of sentiment drivers are expected to steer the Indian stock market in 2022 after a historic year of massive investor returns and milestones. The Union Budget, which will be closely watched for further reform moves, and quarterly earnings of corporates will be among the developments on investors' radar amid global central banks moving towards tighter interest regime in the wake of inflationary pressures. The year 2021 was rewarding in a big way for equity investors.
It also carries equipment for meteorological data relay and satellite based search and rescue services being provided by earlier INSAT satellites.
Jio has been allocated spectrum in 28 gigahertz to run 5G trials.
All eyes this year, however, are on Nokia's latest launches.
While analysts remains overweight on financials, property, discretionary, industrials and materials, they maintain a neutral stance on pharma, telecom and energy; and underweight on staples, utilities, and IT services.
After taking over scam-hit Satyam, Techn Mahindra has made many structural changes in the latter to turn it around.
The helpline 'KIRAN' (1800-599-0019) was launched by Union Minister for Social Justice and Empowerment Thaawarchand Gehlot. The helpline will offer mental health rehabilitation services with the objective of early screening, first aid, psychological support, distress management, mental well being, promoting positive behaviour and psychological crisis management, the minister said.
Delay due to rise in operating cost of telcos, late adoption of 4G network
Discussions are on in government about how to make the process simpler for the poor and more cost-effective for telecom operators, says Subhomoy Bhattacharjee.
Equity benchmark Sensex tanked over 1,000 points in the opening session on Friday tracking losses in index majors ICICI Bank, HDFC twins and Reliance Industries amid a negative trend in global markets.
The deal between Bharti group and Tata Teleservices is yet another example of how swiftly things can change in business.
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).
Lt Governor says discoms must cooperate or face cancellation of licences. Ficci cries interference.
Consumption is among the most diversified and sought-after themes in Indian equities. Over the past five years, consumption theme funds have given an annualised category average return of 15.17 per cent, according to the data from Value Research. But this theme has been affected by the Covid-19 pandemic, which impacted jobs and livelihood.
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