American Tower bulks up in India with $1.2 billion Viom stake buy
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.
This is the first time airwaves in 700 Mhz band will be put up for auction
The sentiment got support from better-than-expected earning results by select companies and continuous buying by domestic financial institutions.
As deputy governor, Patel headed the RBI panel to draft the monetary policy report, which became the basis of the ongoing reforms at the apex bank
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
Telecom companies put in bids worth a total of about Rs 45,000 crore (Rs 450 billion) on the second day of the auction on Tuesday, with premium 900 Mhz band in Delhi, Mumbai and Kolkata witnessing continuing demand.
There are 30 listed PSUs in which the public holding is less than 25%.
From Rafale relief to heat on realtors, 10 landmark Supreme Court judgments in 2018.
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.
Begin with ITC. Larsen & Toubro, yes. ICICI and HDFC, yes again.
Sensex remained volatile through the day.
The reason is believed to be a 19% increase in interest cost.
The S&P BSE Sensex ended 80 points up at 23,789 while the Nifty50 closed at 7,235, up 24 points.
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.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
In Q3, E&P business accounted for just 1.5% of gross revenue
Gas pricing guidelines stipulate that a new gas price will apply to all producers except RIL.
Experts tell Ujjval Jauhari that investors need to be careful in picking stocks given high valuations and with markets possibly ignoring potential risks
The broad-based NSE Nifty rose 52.80 points, or 0.50 per cent, to end at 10,530.70
Instead of only government departments and state-owned undertakings, the CAG can now audit private companies, too.
India Inc has few leaders who are likely to grab headlines in 2015.
The 30-share Sensex closed up 34 points at 27,831 and the 50-share Nifty ended up 15 points at 8,356.
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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.
Brokers like Vasudevan are struggling to keep themselves in tune with this super-informed, new-generation retail investor.
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.
There, however, has been an improvement in operating margins.
Can we make high speed 4G Internet available at 10 cents per GB, and make all voice calls free of cost -- that too in a large and diverse country like India? Can we make high-quality but simple breast cancer screening available to every woman, that too at the extremely affordable cost of $1 per scan? Can we make a portable, high-tech ECG machine which can provide reports immediately and that too at the cost of 8 cents a test? Can we make an eye imaging device that is portable, non-invasive and costs 3 times less that conventional devices? Can we make a robust test for mosquito-borne dengue, which can detect the disease on day 1, and that too at the cost of $2 per test? Amazingly, says Dr R A Mashelkar, the eminent scientist, all this has been achieved in India, not only by using technological innovation but also non-technological innovation.
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Benchmark share indices ended lower on profit taking after they touched record highs in the previous session.
'There exists a 'brotherhood' of sorts for a very long time and corrupt dealers and corrupt OMC officials are in it together,' Ashwani Attrish, founder, Empowering Petroleum Dealers Foundation, tells Sudhir Bisht, a veteran of the petroleum industry.
The 30-share Sensex lost 12 points to end at 29,559 and the 50-share Nifty climbed 4 points to close at 8,914.
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