RCom may get around Rs 4,500 crore by trading its radiowaves to Reliance Jio.
The Union Cabinet on Wednesday cleared changes in the Act. Union Power Minister Piyush Goyal earlier this week said the Bill would be tabled in Parliament soon.
When, recently, Bharti Airtel announced a Rs 21,000 crore rights issue, analysts pointed out that its structure was similar to that of Reliance's issue in June 2020. One similarity is that shareholders in both companies have to pay only 25 per cent of the money on application. The rest is to be paid in two tranches. In Bharti Airtel's case, it is within 36 months; in Reliance Jio's, it is within 17 months.
While critics doubt if the new brand would be continued once Microsoft completes integrating Nokia, the X appears to be Nokia's ploy to ease Android-junkies into a Windows Phone environment.
Spectrum auction: Govt revenues reach Rs 1.02 tln on Day 10
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The spectrum auction has already generated record amount.
Costlier vegetables slowly pushed retail inflation, which had remained well within the Reserve Bank's comfortable level of 4 per cent during most part of 2019, peaked to more than three-year high of 5.54 per cent in November.
Access spectrum is airwaves used for transmitting wireless signals on mobile devices from mobile towers.
Apple Watch Series 3 is a promising health and fitness companion.
It said the money supply recovered to its pre-demonetisation level in mid-2017 and is now increasing steadily, similar to the previous trend.
A liberalised spectrum allows operators to use any technology to deliver services like 3G and 4G.
The average fares of all airlines are almost linear.
Global credit rating agency Fitch upgraded outlook for the Indian telecom sector from 'negative' to 'stable'.
Telecom companies that bought spectrum in the 2G auction of November last year would lose around Rs 4,000 crore
The markets have been unable to sustain at higher levels as a rise in bond yields globally, especially in the US have dented sentiment. Surging commodity prices, especially crude oil that have now hit $70 a barrel (Brent) coupled with inflation woes and fear of sporadic lockdown across major economic hubs back home as Covid cases rise have chased the bulls away. In the short-term, analysts expect the markets to remain volatile as they react to news flow - both from overseas and developments back home. Investors, they say, need to keep a tab on how the US treasury yields move, which in turn will have a ripple effect on how big money moves across developed (DMs) and emerging markets (EMs), including India.
Protesting against the government efforts to reduce high prices charged by airlines on tickets booked at short-term notice, Kingfisher Airlines promoter Vijay Mallya on Monday said that airfares should not be capped by the regulatory authorities, whether it is in upper or lower band.
Telecom companies have put in bids worth Rs 58,332 crore (Rs 583.32 billion) in spectrum auction at the end of 49 rounds on the 7th day of bidding on Monday.
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Titan expects sales of premium-priced watch sales to grow by leaps and bounds in the future on the back of a growing disposable income among working professionals and income categories, says Pavan Lall.
"Most of the members of first Lok sabha and Rajya Sabha were all lawyers and members from the legal fraternity. Unfortunately, we know what is happening now in the Parliament with respect to debates on laws," CJI Ramana said in his address to the bar members.
Raises cap of market share for merged entity to 50%, spectrum trading allowed, with riders.
Technology became more personal in 2015.
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The big beneficiaries of this move will be the big three -- Bharti, Vodafone and Idea.
Concerned over elevated inflation, Reserve Bank of India on Friday decided to leave the benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance, implying more rate cuts in the future if need arises to support the economy hit by the Covid-19 pandemic.
Banded under the All India Kisan Sangharsh Coordination Committee, which claims to be an umbrella body of 207 organisations of farmers and agricultural workers, thousands of farmers arrived in Delhi on Thursday, on trains, buses and other modes of transport. The AIKSCC was formed under the aegis of All India Kisan Sabha and other Left-affiliated farmers' bodies in June 2017, following protests by farmers in states such as Maharashtra and Madhya Pradesh for debt relief and remunerative prices. On Friday, they marched to Parliament demanding for loan waivers and increased remuneration. Adnan Abidi/Reuters was able to photograph different farmers participating in the rally. The one takeaway: They may all look very different, but their woes are all the same.
For protein rich items such as meat and fish, eggs as well as milk and products, the inflation in May slowed compared to last month
Of the two big players, while Bharti Airtel can leverage its existing subscriber base, newcomer Reliance Jio will have to wean away subscribers from the incumbents
Going forward, the February factory output may be impacted as several industries such as automobiles, technology, pharma and fashion have some exposure to imports of raw and intermediate materials from China.
The biggest attractions of the phone are the Sunlight Display and virtual IVR.
Spectrum trading will happen in 9 circles.
Even if 5G is not launched by operators this year, the handsets market will certainly witness a strong supply ecosystem for 5G ready smartphones in 2021.
The Telecom Regulatory Authority of India (Trai) on Monday proposed a high reserve price for telecom spectrum to be auctioned, at nearly Rs 3,622 crore (Rs 36.22 billion) per MHz in the 1,800-MHz band (for GSM services).
The government has set a total revenue target of Rs 40,874.5 crore (Rs 408.74 billion) this fiscal from spectrum, including auction amount, one-time spectrum charge and annual regular licence fee.
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Rahul Khullar, Trai chairman beleives politicians and corporates who own media houses should give freedom to editors.
The third round of spectrum auction continued to witness aggressive bidding even after completion of seventeen rounds on Wednesday with demands for both bands of airwaves on offer continuing to pour in.
Now control the air-conditioning in your room from office!
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