The telecom sector is in the midst of another major shift as voice gives way to data.
In its letter Voda Idea has warned that it is not in a sound financial state, and added that it would be in a position to meet its liabilities only if the government initiates steps including allowing set-offs for GST credit accumulated so far, and permitting staggered mechanism for payment of balance amount of interest, penalty, and interest on penalty.
Heed your liquidity needs before investing in an FMP.
Nandan Nilekani complimented RBI on granting licenses to payments banks, calling it 'a great revolution'.
High spectrum charges would lead to rise in mobile services rates and adversely impact government's Digital India initiative by impeding telecom network expansion.
'Why Twitter? To reiterate, because Live is powerful'.
India has around 355 million Internet users, second only to China, says a report
M&S operates in a joint venture with Reliance Retail.
Repeat business from existing clients is not coming easily and companies are still in the process of building digital capabilities
Upfront payment of Rs 32,000 cr just half of Budget estimate; no takers for 700 & 900 megahertz bands
Manoj Sinha, earlier minister of state for railways, will be tasked to conduct the auction and deal with issues like net neutrality.
After 3 weeks of consecutive rally, this week was a breather for the index, which corrected by almost 1.5%.
Net profits may dip 4.9% y-o-y, but the silver lining is that performance may be better than the preceding quarter
'If Indians are as smart as their counterparts in university, and have equal opportunity, then what is the reason that we cannot produce inventions of quality that are recognised by the world?'
The company is the third largest employer among foreign IT companies in the country, after Accenture and IBM
Revenue was also boosted by robust growth in retail business which recorded a 73.6 per cent increase to Rs 11,571 crore
The calculation excludes cross-holding of listed group cos in each other.
'We should become an all-encompassing entertainment and information destination," says chairman Subhash Chandra, who monitors the group on a monthly basis, leaving the day-to-day operations to the chief executive officers.
'Modi was in as sweet a spot as is possible for an Indian prime minister in mid-term.' 'Why, then, did he plunge into this massive disruption?' 'The answer,' argues Ashok Malik, 'lies in a single word: Belief.'
Nearly $120 bn will come from private sector
In its report 'Global Top Picks', Barclays expects the current bull market in global equities to continue, generating a total return of 9 per cent in 2015.
We take a look at India's major imports and exports with Japan in recent years.
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.
RJio's LYF, Videocon and other smartphone makers to also get notices
Of late, net neutrality has generated much debate.
Mamata Banerjee said availability of land won't be a problem in Bengal as the state government has a land bank.
Nissan' exit from the light commercial vehicle joint venture has helped speed up consolidation and growth for the company
Wondering if mutual fund investments can earn you enough money for your retirement and child's marriage? Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Unlike last year, investors turn cautious on e-commerce sector.
RJio is targeting the existing base of high-value customers.
ONGC was the top performer while private banking major ICICI Bank extended gains
A truly 'made in India' satellite that will empower a digital India.
Most NBFCs will have to slow down their loan growth. Some of the most leveraged will have to sell a part of their assets (or loan book) to banks to raise incremental capital. Others may have to knock on the door of their deep-pocketed parents.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, will answer your queries.
With mobile data getting cheaper, insurers are introducing technologies that eases buying and lodging claims.
Defence minister claims MoD 'alive and kicking' after 'getting the weeds out'.
The Supreme Court-appointed Justice Rajendra Mal Lodha panel asked the Board of Control for Cricket in India to accept its reforms before proceeding ahead with the process of awarding the Indian Premier League media rights from 2018 onwards.
More than 40% of the companies surveyed showed job contraction in FY18, says a report by CARE Ratings
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Of the 11 licence holders, only eight remain in the fray as concerns about profitability and rising competition are making them think twice before jumping in.
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