With telecom disruptor Reliance Jio not raising tariffs, incumbents Bharti Airtel and Vodafone Idea are focusing on the minimum monthly recharge and higher first recharge offers to ensure they retain only loyal and revenue-incremental subscribers, reports Romita Majumdar.
He urged every investor to follow his steps and invest in Gujarat.
Reliance Communications has decided to launch a call centre to help its subscribers locate a particular destination. It will give information on the shortest route to a destination, important places to visit while travelling to another city, location of theatres, hospitals and ATMs. The information, if required, will also be texted to user. The service, currently in its pilot phase, will be launched across the country within a fortnight.
RJio will further add bottomline pressures on the already struggling telcos that will ultimately be forced to consolidate
Multiple triggers such as asset sales, pickup in energy cash flows, increased traction in omni-channel retail, and rise in ARPUs could further drive the stock.
Since May 1, the dynamic fuel pricing model has been applied on a pilot basis in 5 cities
'The much-awaited decision could be a welcome change at a time when the Indian armed forces are crying for self-reliance and the defence industry is looking forward to more indigenisation,' notes Nitin A Gokhale.
Monday saw the Sensex post its weakest closing since July 11 when it settled at 36,265.93. In the previous four sessions the index had lost 1,249.04 points.
President Barack Obama, in the coming years, will have to decide whether to deploy such weapons cutting the US reliance on nuclear weapons, the New York Times said in its report.
Here's the full text of address to the nation by President Ram Nath Kovind on the eve of the Republic Day 2022.
While a 6 million pounds (Rs 56 crore) fine has already been imposed on the Indian businessman, Rameshkumar Goenka, the Financial Conduct Authority took action against three more persons today in the same case by imposing total fines of about Rs 2 crore (Rs 20 million) on them.
Under political fire and ecologists' ire, the group hires Suhel Seth, who will work closely with the promoters and the social media, corporate communications and external public relations team.
'Where have we failed, as parents, teachers and leaders, that our children have forgotten all tenets of decent behaviour and respect for women?' President Pranab Mukherjee asks the nation on the eve of Republic Day.
A knee-jerk reaction, they said, could be detrimental to the fortunes of an industry that is highly dependent on the country given the huge competitive advantage it offers, in terms of cost and speed.
To be able to tide over the current crisis, automobile manufacturers have waged a war against all cost heads.
Diesel makes up nearly half of fuel demand in Asia's No 3 economy.
'The top 11 billionaires in India added so much to their wealth during the pandemic that it would have sustained MNREGA for 10 years or the ministry of health for 10 years.'
According to analysts, most of the growth in the smartphone space will come from existing users, who will be lured to upgrade their handsets as new features and technologies turn existing features redundant, says Arnab Dutta.
The decision of the Telecom Commission to approve in-flight connectivity won't just bring cheer to the chat-friendly passengers, but even more to the telecom industry facing severe financial stress, says Nivedita Mookerji.
'After multiple days of losses, any relief rally is welcome. However, the trend hasn't changed.'
The 30-share Sensex ended up 204 points at 27,215 and the 50-share Nifty ended up 59 points at 8,238.
Several leading industrialists, including Reliance Industries CMD Mukesh Ambani, Vedanta Resources Limited executive chairman Anil Agarwal, chairman emeritus of Tata Sons Ratan Tata, Mahindra Group chairman Anand Mahindra, Paytm Founder and CEO Vijay Shekhar Sharma, Welspun Group chairman and Assocham president B K Goenka, attended the swearing-in ceremony.
Top gainers include Yes Bank, HUL, Vedanta, NTPC, Bharti Airtel, Adani Ports, PowerGrid and Tata Motors, rising up to 5 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Which were the five businesses Ratan Tata had great hopes for, but his successor failed to deliver?
Funding challenges are not limited to just one think tank. Several scholars say that access for conducting research and getting foreign funds has become a major hurdle for think tanks, with the government raising many questions regarding such inflows. As a result, many think tanks are keeping a low profile and becoming less prolific.
India's 100 top billionaires have seen their fortunes increase by Rs 12,97,822 crore since March last year when the Covid-19 pandemic hit the country and this amount is enough to give 13.8 crore poorest Indians a cheque for Rs 94,045 each.
The numbers in India may not be as big but the opportunity for serious growth is all there.
US auto major Ford Motor Co on Friday said it and India's Mahindra & Mahindra have decided to scrap their previously announced automotive joint venture and it will continue its independent operations in India as it is. The two companies determined that they will not complete a previously announced automotive joint venture between their respective companies. The decision follows the passing of the December 31, 2020 'longstop' or expiration date of a definitive agreement the organisations entered into in October 2019, Ford Motor Company said in a statement.
The revival of feature phones in India is driven by low-cost access to the internet, but the 'dumb phones' are learning to get smart and create a niche, says Veer Arjun Singh.
In power, Mamata Banerjee has tried to bury the ghost of the past, but it might still be work-in-progress. Big-ticket and eye-grabbing (in terms of investment size) projects are still few and far between, reports Ishita Ayan Dutt.
A Vodafone Group insider with more than 25 years in the telco across geographies, he's like the eyes and ears of the multinational in India.
Telcos may hike mobile rates to recover spectrum cost: Moody's
Evolving a common work ethic and culture will be critical so that the merged entity does not lose focus on the common enemy outside -- and instead becomes more obsessed with internal turf wars.
The tankers carrying fuel from terminals to dealer outlets would not just have global positioning system (GPS) tracking but also an electronic key (e-key).
The deal, which will kick in after the holiday season, in January, will give Apple more visibility among online buyers in India. The partnership could help Apple take on Chinese smartphone maker OnePlus, which has become one of the leading player in the premium smartphone market thanks to Amazon.
Analysts attribute this outperformance to the government's proactive economic reform measures
Dhirubhai Ambani lived in a one-room chawl in Mumbai with his wife and children and went on to establish the Reliance Group.
Modi made a strong case for a partnership between the producers and consumers in the oil market as it exists in other markets.
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
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