For the four new players, the spike in wealth is 126 per cent.
Tatas, Adani, Bharti, HDFC and Sun Groups have clocked huge gains.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
Bharti Airtel called the prices exorbitant while Vodafone Idea wants the auctions take place in 2020. The auctions need to happen when the infrastructure is ready for the roll out, be it in terms of fiberisation levels, or optimisation of equipment and software etc. Spending a hefty amount on a technology (airwaves) that at present offers limited returns is not going to be a priority for the incumbent telcos.
'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
Policy constraints may prevent many of the global retail giants from reaching their full potential.There are too many restrictions right now in the sector and policy makers lack clarity.
The auction will help operators augment expansion of high-speed 4G voice and data services in the world's second largest mobile phone market.
A logjam on the GST front could turn things upside down and turmoil in Gujarat might also have an adverse impact
After a group of young hackers beat companies that claim to spend a bomb on cyber security, Karan Choudhury reports on just how easy it is to exploit digital wallets.
Amazon has seen its India sales growing four times this year.
In conversation with Anil S Nair, CEO & Managing Partner at L&K Saatchi & Saatchi India.
Naresh Goyal, after being ousted with his wife from the board last week, and with his shareholding halved to 25 per cent, can still make a comeback by partnering a new investor and win back majority control.
New entrants could include Flipkart, Paytm, Cafe Coffee Day and ICICI Prudential Life Insurance, it says
Ten of top 15 companies in 1991 were PSUs; now, there are only six. Their revenue share has also fallen from 86% to 45%
The broader NSE Nifty gained 22 points to 10,480.60
Online grocers like Bigbasket and localbanya witness surge in sales.
The big boys of India's traditional retail have finally come together to fight the onslaught of their online counterparts.
Take a look at how the models battled it out.
The Nifty finished the day at 10,265.65, a hefty gain of 98.95 points, or 0.97 per cent, after shuttling between 10,270.85 and 10,195.25.
The introduction of the two new products is an indication of the importance of India as a market.
A recovery in rupee, buying by domestic institutional investors, encouraging earnings by select blue-chips and stock specific buying helped the market get back on its feet
The primary problem is that India's garment factories are too small and they typically have 150 people and about 80 machines.
Cash-&-carry chains claim of the products they sell 85-90% is local.
During his lifetime and after, Ambani aroused extreme responses in others.
'For how long can investors fund loss-making companies?'
The company has been in talks with ConocoPhillips and Shell for some time. It now says the MoD's stringent norms on exploration in 'no-go' areas is posing a big challenge in taking the deal forward.
Reliance Industries, Infosys and Tata Motors were the top contributors
The rupee, which has depreciated about 23 per cent since May, has increased the loss ratios for the travel insurance segment.
'If the RBI blesses us with a banking licence, we would like to launch a successful bank.'
Betting as a function of pure luck is banned in the country, but games of skill with monetary stakes are not.
'Whenever a cop film is made, people will either draw comparisons with Dabangg or Singham. If the look and part is serious, then Singham. If entertaining, then Chulbul Pandey.'
If the crisis worsens it could jack up India's oil import bill by over $20 billion this fiscal, at close to $200 billion.
The Delhi girl will represent India at the Miss World contest
The broader Nifty ended on top of 9,800 again.
Telecom Regulatory Authority of India, on October 15, gave its recommendation on spectrum auction for premium 900 Mhz band and 1800 Mhz band that are presently being used for 2G GSM mobile services by Airtel, Vodafone, Idea Cellular and Reliance Communications.
India has more than 45 million SMEs, accounting for nearly 40 percent of gross domestic product.
12,000: Number of people Flipkart plans to hire in FY15.
In the 38-page report, across 10 chapters, RIL explained how it entered the exploration and production business; the history of the New Exploration and Licensing Policy and the introduction of production-sharing contracts.
Paid Rs 15,474 cr against CIL's Rs 13,075 cr in FY15
Your nearest grocery shop might soon become a one-stop shop for depositing and withdrawing money.
