A round-up of Sunday's action in the Syed Mushtaq Ali Trophy group stage matches.
Even as the Telecom Regulatory Authority of India has started investigating into the complaints of predatory pricing offered by some of the new operators, experts are divided over whether the current scenario actually resembles predatory pricing.
The trio will be in action at the $25,000 ATP Challenger, beginning in Bangalore on Monday.\n\n
Doing so would reverse a dubious set of licensing decisions but the government must also consider the question of 'moral hazard' with the government as the last guarantor of industry risk.
Telcos participating in the upcoming auctions at the end of July say they expect only a fourth of the value of spectrum on offer to be sold. The government has put Rs 4.3 trillion of spectrum up for sale at the base price across seven bands including for 5G. An executive of a leading telco said he estimates that mobile operators collectively would buy spectrum of only around Rs 1.1 trillion.
The company, which has a subscriber base of 120 million, also plans to raise funds via a bonds issue. The company's impending 4G launch is also expected in the second half of the current financial year for which it would invest Rs 12,000 crore, partly through bonds.
Reports by CAG earlier on the 2008 telecom licence scam had resulted in the cancellation of 122 licences.
In order to determine whether this would be sound strategy for them, one needs to look at two issues: One, on the alliances being built globally between telcos, on one hand, and cloud service firms, on the other, especially with the advent of 5G; and two, how their business strategies in India will blend into with such a deal.
'All Mahesh needed to do was send an e-mail to Leander that he was not being considered in final four and mark a copy to AITA'
'The government is unwilling or unable to provide the kind of relief that Vodafone India is asking for.'
Surajeet Das Gupta explains why Mukesh Ambani's target is by no means impossible.
Vishal Uppal and Ashuthosh Singh meet Tomas Behrend (Germany) and Robin Vik (Czech) 8in the first round at the Chennai Open.
Vodafone Idea Ltd (VIL) CEO Ravinder Takkar did some plain speaking. In an analyst call after its quarterly results recently, Takkar said that the main stumbling block to raising fresh capital from investors is "pricing" - telecom tariffs, in other words. Nine months ago, the telecom company's board had cleared a proposal for raising Rs 25,000 crore from investors, after the promoters made it clear that they were not ready to pump in more money. But potential investors are concerned that without clarity on tariff hikes (there have been none for more than 18 months) they might just lose their money. The lack of visibility on raising tariffs has also impelled VIL to request the Department of Telecom (DoT) for a fresh reprieve by extending the two-year moratorium on paying its spectrum instalment of Rs 8,200 crore for another year till FY23.
Jio's global partnerships took shape this year when Jio Platforms, a 100 per cent subsidiary of Reliance Jio which has invested in various digital platforms, was able to woo a bevy of marquee investors: Facebook, Google, Qualcomm, Intel, and a numerous PE funds.
However, Sonal Phadke and Megha Vakaria were shocked in the women's doubles semi-finals.
The entry of the deep-pocketed conglomerate is expected to heighten competition.
For the PMO this is urgent as the Digital India framework would depend on how the telecom companies perform. It is also linked to the proposed auction of 5G airwaves.
Mahesh Bhupathi, Prakash Amritraj and Rohan Bopanna have been included in the original squad, announced last week.
India's tennis players -- both current and former -- are not just counting financial losses as they cope with the fallout of the coronavirus pandemic. The closure of the Pro Tour means that doubles exponent Purav Raja is set to lose at least $50,000 in this lockdown period, according to his own assessment. Prajnesh Gunneswaran, Jeevan Nedunchezhiyan and Divij Sharan can't exactly tell how much they would lose but considering the fact that they are consistently in contention to be in Grand Slam main draws, the massive financial hit is not difficult to assess.
The top seeds beat the Belgian duo of Christophe Rochus and Tom Van Houdt to progress to the quarter-finals of the Chennai Open.
The triumph gave Sania her fourth gold medal at the Afro-Asian Games.
Bharti to spend Rs 1,600 cr for spectrum payout over 10 yrs; Telenor to service its own debt.
Though not memorable, Lekar Hum Deewana Dil can't be dismissed either, writes Joginder Tuteja.
A summary of the day's play in the Vijay Hazare One-day tournament.
A summary of the first day's play in the Ranji Trophy matches at various venues across the country.
Round up of the Ranji Trophy matches being played across the country
A round-up of Ranji matches played across India on Saturday