The 2016 upstart, called Jio, dislodged rivals and has emerged as the nation's No. 4 carrier by offering call services free for life and data transmission at dirt cheap rates.
The Sensex and Nifty remained above their key levels of 36,000 and 10,900 throughout the session, indicating strong investor optimism after a prolonged spell of caution.
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The benchmark has gained 2 per cent this week on continued hopes the incoming Narendra Modi government would unveil substantial economic reforms.
Govt to issue ownership rights of 15 coal mines on Mar 23.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
American Tower bulks up in India with $1.2 billion Viom stake buy
The 1,967 MW plant has not been operating since August because of stoppage of natural gas supplies from domestic fields.
The big boys of India's traditional retail have finally come together to fight the onslaught of their online counterparts.
Online grocers like Bigbasket and localbanya witness surge in sales.
The states will get over Rs l lakh crore.
The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.
India Inc was, perhaps, watching out for a repeat of the dot-com bubble burst of the early 2000s.
The Indian Super League will be expanded to 10 teams this season with the organisers on Monday announcing two more franchises after a bidding process, with Bengaluru FC set to ply in the three-year-old ISL by leaving I-League.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
Business opportunity after phased diesel deregulation the main trigger.
If the deal is indeed being considered, this will be the first time that Ambani will be putting his money in a print media venture since he and his younger brother, Anil Ambani, split businesses to form their own groups
Govt wants domestic production so as to save foreign currency.
Recounts challenges faced in setting up various channels, hopes new management will always put journalism first.
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
The firm, which owns, operates and manages hotels, palaces and resorts, is likely to hive-off the two properties into separate entities.
Chetan Bhagat turns entrepreneur by getting into the movie business with Half Girlfriend.
Experts believe MNCs, which look for a strong foothold in the Indian kitchen appliances space, target the leading organised players in the industry.
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.
The 30-share Sensex closed up 34 points at 27,831 and the 50-share Nifty ended up 15 points at 8,356.
Revenue was also boosted by robust growth in retail business which recorded a 73.6 per cent increase to Rs 11,571 crore
Markets ended lower amid volatile trade with Sun Pharma leading the decline.
In Q3, E&P business accounted for just 1.5% of gross revenue
The UPA Government is trying to push through the second wave of airport privatisation before the elections and the controversial elements of this process threaten to harm the sector.
These transactions have come for shareholders approval because of requirements under the new companies law and amended listing agreements.
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.
Several Sensex stocks hits 52-week low in intra-day trade on Monday with financials leading the decline.
'India placed the order, primarily due to the IAF's 'critical operational necessity'.' 'The complexity of the IAF's requirements delayed the process for months.' 'It is these requirements which cannot be made public.' 'Can you image Indian politicians publicly discussing the pros and the cons of such military equipment?' 'It would provide India's enemies with indications about the IAF's tactical plans in case of a conflict.' 'It is crucial that they should remain secret to protect India's defence preparedness,' explains Claude Arpi.
Markets rebound with financials leading the gains on hopes of a peaceful solution to the turmoil in Ukraine
Brokers like Vasudevan are struggling to keep themselves in tune with this super-informed, new-generation retail investor.
The document titled 'Details of the steps in the decision making process leading to the award of 36 Rafale fighter aircraft order' stated that the process as laid down in the Defence Procurement Procedure-2013 has been followed in procurement of the Rafale aircraft.
A summary of sports events and sports persons, who made news on Friday
Existing units stay operational; those approved may not be notified, land could be used for other purposes
India Inc has few leaders who are likely to grab headlines in 2015.
Today, India is one of the fastest-growing eCommerce markets in Asia/Pacific along with China.
From mass layoffs to acquisitions, here's how the Indian start-up industry kept us on our toes.
