The big beneficiaries of this move will be the big three -- Bharti, Vodafone and Idea.
Rs 200-cr burden likely for TV rating agencies.
The 4G service may use Reliance Retail, with a surging customer base, as the launch pad
Loss-making Nokia gains full control of the profitable venture Nokia Siemens Networks for $2.2 billion, a cheaper than-expected price, analysts said, although they also noted the acquisition would put pressure on Nokia's balance sheet.
Continuing with the same behaviour while things around you change is a sure recipe for failure. Successful leaders will demonstrate agility and adaptability.
Digital, new energy, supply chain resilience and health will be the themes of the over $100-billion Tata group's strategy going forward, according to its chairman N Chandrasekaran even as he asserted that all ambitions are contingent on learning to live with the coronavirus. In his New Year address to the over 8 lakh employees of salt-to-software conglomerate, Chandrasekaran said businesses and society must adapt to the virus by preparing as "best we can for new outbreaks and variants. We are seeing this now with the spread of Omicron". Reflecting on the year gone by, he said the group is becoming "simpler and financially stronger than we have been in a long time".
Reserve Bank Governor Shaktikanta Das on Wednesday ruled out upside risks to the 5.3 per cent inflation forecast for the current fiscal, saying the recent cut in excise duty on diesel and petrol as well as better management of supply-side issues on the food front have contained inflationary expectations. These measures are significantly positive for inflation management, he said. After months of calls for reducing taxes on fuels, the government, last week, cut the excise duty on diesel and petrol by Rs 10 and Rs 5 per litre, respectively.
What is killing the risk appetite of the bond buyers is the inconsistency in the central bank's approach. It needs to allow the yield to find its own level, gradually. To ensure that, the RBI may adopt a similar approach with which it handles a slipping rupee, asserts Tamal Bandyopadhyay.
Vaccine inequity remains an issue in India, where less than 2 per cent of the population has received a Covid booster
First it was called content-led commerce. Then it came to be known as influencer-led commerce. And its latest iteration is creator economy. This evolution of the terminology for online personas impacting buying decisions -- through blogs, memes, bite-sized videos, and podcasts -- has happened over the past five to seven years.
For non-banks, the IL&FS crisis was nothing short of India's Lehman moment, which has for a foreseeable future reset the sector on multiple grounds.
What does Udhayanidhi's induction as minister mean? For the DMK, it indicates the future course, direction and leadership. It is continuity with change, and change with continuity, points out N Sathiya Moorthy.
Data spanning the years 1951 to 2014 show that temperature and pressure conditions at specific locations in the Arctic region during the pre-monsoon period correlate with the Indian summer monsoon rainfall, points out Charu Bahri.
The freebies are now over, but Jio will need to notch up subscriber numbers and margins to prove its sceptics wrong.
Kerala Blasters and Sachin Tendulkar may have parted ways but the cricket legend will always remain an intrinsic part of the club, coach David James said on Friday.
'Modi skillfully navigated Trump's ego and pushed the right buttons.' 'Critics assailed Modi's speech for its personalism, but in the Trump era this is par for the course.'
According to SBI executives, the aim is to do things efficiently with an eye on profitability, and get a feedback on areas, including which business to enter and which to exit.
Need for much more investment; sector would like govt help
Estimates suggest subsidy outgo on these proposals would be at least Rs 1,000 crore
With its political colour dominated by less than democratic trends, BRICS currently leaves some of us wondering -- where in this grouping is there an assurance that human freedom will be respected unconditionally? It would be nice to see the new members of BRICS drawn from the ranks of countries wedded to preserving and guarding human freedom, observes Shyam G Menon.
Leading sponsors of football's world governing body have demanded independent oversight of FIFA's reform process in an open letter published on Tuesday ahead of a key meeting to finalise proposed reforms at the scandal-plagued organisation.
Dr Karthiyayini Mahadevan, head, wellness and well-being, Columbia Pacific Communities, shares simple, useful tips to fully recover from COVID-19.
'The Indian response in confining our action to our side of the LoC set a dangerous precedent,' argues Colonel Anil A Athale (retd).
The world had lost an opportunity to know long-term toxic effects of Methyl Isocyanate which had leaked from the Union Carbide factory on the night of December 2, 1984, because government research agencies have lost track of a bulk of survivors, says Dinesh C Sharma.
'There will be partnerships between banks and fintech firms, but there will also be areas where they will be direct competitors.'
In an email interview with Ranju Sarkar, International Finance Corporation's South Asia director Mengistu Alemayehu explains why the firm is bullish on building affordable homes in India.
Smriti Mundhra's documentary The Romantics has many, many, gems about one of Bollywood's most successful film-makers and more importantly, his iconic father, Yash Chopra.
India should not be left behind. It should join the seven central banks which are studying feasibility and safeguards necessary to eliminate risks, particularly from hacking, advises former foreign secretary Shyam Saran.
Kings XI Punjab co-owner Ness Wadia revealed that the team almost lost the destructive opener at the auction, thinking it had run out of cash.
Sinha started his tenure at Sebi a bit shakily making people wonder if he'd complete his three years. Eventually, he went on to stay twice that long.
Johnson will be only the second British leader since Indian independence to attend the annual Republic Day parade in New Delhi as Guest of Honour, after former prime minister John Major in 1993.
'There is no such thing as ultimate survivability.'
'It's all comparative -- who outperforms, who uses tactics, who optimises technology to the best is what makes the difference.'
'There are different reasons for brain involvement depending on how the virus has entered the body.' 'If the virus enters the brain from the nose, the impairment will be different as opposed to if the virus impairs other organs which in turn impair the brain.' 'If it affects the lungs or heart, there can still be brain changes from secondary effects of reduction in oxygen delivery, or reduction in blood supply to the brain.'
The Indian Navy has a big role to play in support of our strategic objectives in the Indian Ocean. The increasing Chinese presence in the Indian Ocean is a matter of concern and need to be factored. Hence, the requirement of an Aircraft Carrier is a foregone conclusion, asserts Commodore Venugopal Menon (retd).
'Between its natural immunity with Delta, in so many populations, and then getting on top of the vaccination (situation), I do not think India is going to have another bad wave.'
Telecom Commission approves high base price of Rs 11,485 cr per Mhz for 700-Mhz frequency; no decision taken on proposed standard spectrum usage charges of 4.5%
The Reserve Bank of India on Friday decided to leave benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance as the economy faces heat of the second Covid wave.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
Dr Kakodkar's strategic stubbornness ultimately got India what it wanted though the negotiations with the US went to the wire, notes Shivanand Kanavi.
In its essence, GST is a national level system of value added taxation of goods and services, says Shankar Acharya.