Investment announcement for $100 bn over 5 years likely.
The telecom sector is in the midst of another major shift as voice gives way to data.
At the moment, data and broadband is small for BSNL: it contributes 10 per cent of the company's revenue, though its share is on the rise.
RJio is targeting the existing base of high-value customers.
The S&P BSE Sensex ended 80 points up at 23,789 while the Nifty50 closed at 7,235, up 24 points.
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
What worked for Airtel was that its data traffic growth was 13 per cent sequentially and its average data usage was even higher than Jio's at 11.9 gigabyte per month per user.
The process of switching off the 3G network has already started with Kolkata in the recent-concluded June quarter. By September, the shutdown will be affected in 6-7 more circles and between December and March the entire 3G network would be shut down.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
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Most infra projects have hit a road block due to high cost of funds.
More than 40% of the companies surveyed showed job contraction in FY18, says a report by CARE Ratings
Ninety-nine companies, which also include some unlisted ones, have more than Rs 100 crore each of minimum alternate tax credit on their books, cumulatively adding up to Rs 75,000 crore. By utilising MAT credit, many companies will be able to bring down their effective tax cost.
The 30-share barometer remained up throughout and hit a high of 29,070.20, powered by a rally in RIL and other blue-chips. The index ended 215.74 points up, or 0.75 per cent, at 29,048.19 -- its highest closing since March 5, 2015, when it had closed at 29,448.95.
The numbers in India may not be as big but the opportunity for serious growth is all there.
Airtel's 4G service runs on 2,300 MHz long-term evolution (LTE) spectrum in all nine circles, which is difficult to access while indoors.
After 3 weeks of consecutive rally, this week was a breather for the index, which corrected by almost 1.5%.
The BSE Midcap and the BSE Smallcap indices pared all intraday gains to end 0.3% and 0.5% lower
CAG may not be the cure-all for the ills that afflict PPP projects and is perhaps a sub-optimal solution to the problem.
While the two high-profile exits in pharmaceutical and telecom have raised concerns over regulatory hassles in the country, Japanese investors are still keen to tap into India's consumer growth story and many more merger and acquisition deals are in the offing in this space.
VCs have been especially bullish about India.
The broad-based NSE Nifty rose 52.80 points, or 0.50 per cent, to end at 10,530.70
India Inc is ready to diversify into unchartered areas.
India Inc has few leaders who are likely to grab headlines in 2015.
In UK, France and Germany, the president and CEO of Edelweiss Securities, anticipates votes incrementally in favour of local protection and de-globalisation.
The 30-share Sensex stayed in the green for the better part of the session and hit the day's high of 38,297.70 as buying pace gathered momentum towards the fag-end.
The reason is believed to be a 19% increase in interest cost.
The first task before him is to get used to the idea of working with the Monetary Policy Committee
Sustained FII inflows and fresh spell of buying by domestic institutional investors fuelled the rally
On a weekly basis, the Sensex climbed 749.86 points or 2.69 per cent and the NSE Nifty soared 237.10 points or 2.76 per cent
Prime Minister Narendra Modi is likely to urge Tim Cook to begin manufacturing its prized iPhones in India.
Several high profile companies are burdened with losses, mounting debt and have a huge load of operational costs.
If the crisis worsens it could jack up India's oil import bill by over $20 billion this fiscal, at close to $200 billion.
Hudhud leaves a trail of destruction in Visakhapatnam, home to a major naval base.
Coal India topped the losers' list in the Sensex pack on Tuesday, falling 2.36 per cent, followed by Bharti Airtel at 2.16 per cent.
T N Ninan lists a few David-Goliath encounters in the Indian markets, all of which make life interesting, though difficult if you are an investor looking for the next multi-bagger.
Experts tell Ujjval Jauhari that investors need to be careful in picking stocks given high valuations and with markets possibly ignoring potential risks
There was no word on whether or when Patel would be talking to the media about his priorities and plan of action as head of Mint Street
Global cues lift Sensex 364 points; Nifty ends above 8,650.
Gains in key IT, capital goods, healthcare and metal stocks, after consistent buying by domestic and foreign investors, helped both the key indices to scale new peaks.
Notable losers were ONGC, Axis Bank, ITC, SBI, ICICI Bank, NTPC, Hero Motocorp, Sun Pharma and Bharti Airtel who fell by up to 2.80 per cent.
