The Sensex opened flat at 4,771. It has now gained 10 points at 4,781.
GSM based mobile service providers jointly added over 44 lakh new customers, taking their cumulative customer base to 67.88 crore in September, according to data released by industry body COAI on Wednesday.
With the Telecom Regulatory Authority of India (Trai) refusing to reserve 900-MHz spectrum for incumbent telcos, asking them to vacate the quantity held and win back through bidding, GSM operators, led by the Cellular Operators Association of India (COAI), have decided to propose a compromise formula.
The BSE Sensex zoomed 318 points to end at 33,351.57, while the broader Nifty spurted 88 points to 10,242.65.
The officials stated that 'pedestrianisation' could be promoted by declaring the middle and inner circular roads of CP vehicle free by providing effective 'park and ride' services
For 2100-MHz, 2300-MHz and 2500-MHz bands across circles; aim to offer these with 3G and 4G in February
'Our mandate is to work in a transparent manner, keeping two objectives in mind - consumer interest and growth of the telecom sector.'
Long before he launched Paytm, Vijay Shankar Sharma, a 32 year old from Aligarh, embarked on his ambitious entrepreneurial journey.
The telcos have assured the government that things would improve over the next 45 days.
The Department of Telecom may bar operators holding 3G airwaves from sharing the high-speed spectrum.
BSE PSU index rallies 10% in one month; nearly a third of the stocks on the index has gained 20% over the period
The S&P BSE Sensex ended the session at 25,342, up 3 points while the Nifty50 closed at 7,738 points.
Some make for good investment ideas even after a strong run-up but others could see gains fizzling.
Govt announces slew of schemes for rural India
Rahul Khullar, Trai chairman beleives politicians and corporates who own media houses should give freedom to editors.
Mobile phone service providers alone jointly reported gross revenue of Rs 55,164.18 crore (RS 551.64 billion).
Last week, the Supreme Court refused to grant interim relief to the operators.
Currently, MNP is only available within a state/circle.
'Considering that an Internet company's market value is largely determined by its direct access to consumers for digital services, and largely served outside a sovereign country's control, it would appear reasonable in trade terms to discuss fees for a seat at the proverbial 'table' of opportunities in the largest open consumer market,' argues Venki Nishtala.
Participants will watch out for the Brexit poll outcome in the late morning trades tomorrow.
Contrary to the bragging that marked its two-year anniversary, the government's timidity on reform is simply astounding.
A way out of the economic slump is to revisit the template of 15 years ago and follow its constituents, recommends Ajay Shah.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
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.
About 3,000 internet connections, including those of the Ministry of Defence, security agencies, the Central Bureau of Intelligence and banks in Delhi, have been found to be compromised, probably for snooping from foreign locations, according to a report submitted by cyber security experts to government.
Congress leader Jagdish Tytler, who has been chargesheeted by CBI along with controversial arms dealer Abhishek Verma in a forgery case, was issued summons as an accused by a Delhi court asking him to appear on September 30.
A liberalised spectrum allows operators to use any technology to deliver services like 3G and 4G.
The main losers on the Sensex were Tata Steel, Hero Moto, BHEL, ONGC & Maruti Suzuki.
Congress leader Jagdish Tytler and jailed arms dealer Abhishek Verma have been chargesheeted by the Central Bureau of Investigation for allegedly forging letterhead of then Minister of State for Home Ajay Maken in 2009.
Eight Sensex biggies such as Reliance, L&T, BHEL, SBI and ICICI Bank are among the worst hit.
At Rs 2,685 crore for 1MHz pan-Indian spectrum, reserve price would be 52% higher than that of 1,800MHz band
Its internet penetration still matches up poorly to other countries
The prime minister had openly said the retail sector should be open to competition, domestic and foreign.
Its says reconsider lower reserve price, uniform usage charges; GSM players to bear the brunt.
Markets snapped two-day losing streak and ended flat with a positive bias on Tuesday as gains in auto shares helped offset losses in IT majors.
Telecom companies that bought spectrum in the 2G auction of November last year would lose around Rs 4,000 crore
'We referred the case to the attorney general.' 'I told Mukul Rohatgi, "mujhe aap ka honest opinion chahiye".' 'He too said those were different offers.' Trai could not have stopped Reliance even if the Jio offers had been the same, Trai chief Ram Sewak Sharma tells Subhomoy Bhattacharjee.
Puja Kapoor tells us how her project partner went on to become her life partner.
If the government thinks that they will be able to control it, then they're either fooling themselves or have no clue about the power of viral media.
Agreement between Bharti Airtel and Loop Mobile, which offers mobile services in Mumbai, expired on October 31
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances