Idea Cellular will have to furnish an undertaking that it will entertain all the liabilities whenever a final decision is taken by the courts
Idea may have to shell out Rs 4,500 crore in cash
Trai has said the three operators were "intentionally denying and delaying" the provision of points of interconnects (PoIs) to Jio, "only to restrict a new entrant thus violating the terms and conditions of licence and regulations of the Authority which also caused a lot of inconvenience to the consumers."
DoT had raised the demand on December 22 and asked RCom to pay within a month.
In the broader markets, the BSE Midcap and Smallcap indices extended gains and were up over 1% each
With the Sensex again nearing 28,000 points, investors can make good returns with a one-two year horizon.
Cut-throat competition, high spectrum costs, and frequent flip-flops in government policies have made it difficult for Vodafone to make money in the country.
India's huge digital prowess and potential will play a huge role in enabling digital lending, says Romita Majumdar.
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.
Inflation is down, growth is headed for recovery. RIL and subsidiary Jio are on an upswing. However, stressed loans and impending job losses are the dark clouds, says Devangshu Datta.
RIL's profit before interest and depreciation increased by 8%.
DoT will have wider consultations with all stakeholders.
DoT committee rejects most Trai suggestions for freeing airwaves for sale.
Participants will watch out for the Brexit poll outcome in the late morning trades tomorrow.
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.
Karunanidhi was convinced that using the 2G cases against the DMK and reopening the fodder case against Lalu Prasad Yadav were products of the Congress leadership's short-sightedness. A revealing excerpt from A S Panneerselvan's Karunanidhi: A Life.
Spectrum auction: Govt revenues reach Rs 1.02 tln on Day 10
RJio's aggressive plans will lead to significant impact on listed companies in this space
The DoT report is expected by the end of the month.
This will be in line with government's vision of Digital India.
During his lifetime and after, Ambani aroused extreme responses in others.
'I feel more like a chess player, thinking for long hours how to make the next move," Telecom Secretary Aruna Sundararajan tells Surajeet Das Gupta.
The big beneficiaries of this move will be the big three -- Bharti, Vodafone and Idea.
Hudhud leaves a trail of destruction in Visakhapatnam, home to a major naval base.
More than 87 per cent of the spectrum has been allocated to bidders.
TRAI may recommend the DoT to levy one-time non-refundable fee of Rs 50,000 per operator for each service area in which they opt for spectrum sharing.
Currently, MNP is only available within a state/circle.
Telecom department says spectrum can't be used as collateral because it's government property
In the not too distant future, you could see 5G technology being used for functions such as remotely-performed robotic surgeries, mine equipment operated remotely or cars driven by someone sitting hundreds of miles away. While these ideas will certainly find application globally, the urgent need for them in India could spur swifter adoption here than elsewhere.
Of late, net neutrality has generated much debate.
IndiGo Airlines signs $2.6-billion leasing and financing MoU with Industrial and Commercial Bank of China.
Roadshows will be held in Singapore, Hong Kong, London, New York and Boston, NTPC gained close to 1%.
The government will get an additional revenue of 20 per cent from the auction of the 1,800 MHz and 900 MHz bands of spectrum, based on the Telecom Commission's recommendations, compared with those of the Telecom Regulatory Authority of India (Trai).
A sluggish economy and stalled bureaucratic decision-making for the past two years thwarted capital investment and dented earnings, making it tough for the companies to raise funds.
VCs have been especially bullish about India.
Vodafone had contended in its plea that DoT instead of signing and executing the ULs had at the last moment informed them that their request for deletion of 'restrictive' clauses in licence pertaining to roaming cannot be accepted.
Trump is accompanied by First Lady Melania, daughter Ivanka, son-in-law Jared Kushner and the top brass of his administration.
The 30-share Sensex closed up 34 points at 27,831 and the 50-share Nifty ended up 15 points at 8,356.
Sources say companies will have to keep the market share of merged entities below 50% in all circles
Reliance chairman Mukesh Ambani has moved 2 ranks ahead this year on the most powerful list.
