Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Facebook on Thursday announced that it has shut down Free Basics in India.
Thomas Ninad's bank account was defrauded of Rs 14 lakh under mysterious circumstances.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
The circular says even a day's delay in servicing loans would be now taken as a 'default'. And once in default, for loans above Rs 2,000 crore, the banks will have to arrive at a resolution within 180 days, else lenders will have to file an application under the IBC within 15 days.
Banks have Rs 10 trillion in stressed assets - Rs 7.8 trillion of bad loans and Rs 2.2 trillion of restructured ones.
Internet.org is a Facebook-led initiative
New Delhi is also set to top its target of raising at least $13 billion.
Bank of America Merrill Lynch and JP Morgan are bankers for the bonds
The company will wait for sizeable user base for better valuation.
According to a Deutsche Bank report, the Idea-Vodafone combine will have to pay a 30 per cent lower annual installment on spectrum due to the longer duration of the payment tenure.
DoT though failed to implement TRAI's recommendations to levy spectrum usage charge
Market breadth turned negative with 1,779 declines over 884 advances on the BSE
Fresh buying by domestic institutional investors and better-than-expected June quarter results from some blue-chip companies boosted investor sentiment
Reliance Jio Infocomm is the only company which had in 2010 won a pan-India spectrum for 4G services but is yet to start commercial services.
With Airtel and RCom already having launched their special offers for post-paid customers, and RJio around the corner, Vodafone makes its move with Red.
Voice calling will be free on Jio phones for life and post December 31, 10 data plans will be offered
India's third largest telecom operator Idea Cellular joined the data tariff war by slashing 2G mobile internet rates by 90 per cent and 3G tariffs by 30 per cent for six months from November 15.
Global rating agency Fitch on Tuesday said the imminent entry of Reliance Jio into the telecom space will see a likely 20 per cent fall in data tariffs, but will not have any impact on the credit profile of the top four incumbents in the medium term as their revenue is on an uptick on rising voice tariffs and improving regulatory environment.
This puts an end to Facebook's Free Basics and Airtel's zero rating plans in India.
This will be in line with government's vision of Digital India.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Airtel, Vodafone, Idea, RCom, Reliance Jiosubmitted applications.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
When it comes to the number of phone bill disputes, Vodafone, Idea Cellular, BSNL and Aircel were high on the list in several service areas during the quarter ended June.
Bharti Airtel made part payment of Rs 4,725 crore.
Ford said it had also shut its plant, with an annual capacity of 340,000 engines and 200,000 vehicles.
The interconnection charge has been reduced.
Investors brace up ahead of the key macrodata- IIP and CPI numbers due to be unveiled tomorrow.
Mobile phone service providers alone jointly reported gross revenue of Rs 55,164.18 crore (RS 551.64 billion).
It may be the season for corporate matchmaking but India Inc's record of managing partnerships is far from impressive, says Shailesh Dobhal.
Bharti Airtel , RCom and Tata Communications ended down between 0.1-1%.
But the road map of telecom will be decided by one thing: Whether Jio sticks to its ambitious plan and whether incumbents have enough financial muscle or ability to raise money every year to ensure that Jio does not reach its target, says Surajeet Das Gupta.
Trai has invited comments till January 7 on its paper on differential data pricing.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
The broader markets were also in top gear, with the BSE midcap index surging by 2.1% at 11,431 and the smallcap index gaining 1.4% at 11,735.
The S&P BSE Sensex ended 80 points up at 23,789 while the Nifty50 closed at 7,235, up 24 points.
The big advantage that Jio is able to garner currently is its low cost of operations.
While it was technically not possible to block the deal, the tax department could resort to arm-twisting.
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