DoT decides not to scrap dual-technology telecom licences
Leverage ratio falls to under 1; but group heavily dependent on TCS & Tata Motors.
R Venkataramanan, the managing trustee of the Sir Dorabji Tata Trust who is responsible for all Tata-run trusts, prefers to keep a low profile but has emerged as a power centre in the group - with more clout than many established CEOs, says Dev Chatterjee.
Tata Sons said dividend from 40-odd Tata Group firms had declined during Mistry's tenure while expenses had risen
While smart boys like the Ruias of Essar, Ajay Piramal, Max India promoter Analjit Singh laughed all the way to the bank, the Tatas, Anil Ambani, Malaysian tycoon T Ananda Krishna of Maxis (which invested in Aircel), Sistema, and Norway's Telenor burnt their fingers, notes Surajeet Das Gupta.
In the broader market, the BSE Smallcap and BSE Midcap index gained 0.1% and 0.4%, respectively
It may be the season for corporate matchmaking but India Inc's record of managing partnerships is far from impressive, says Shailesh Dobhal.
The DoT is acting as a liaison between telecom companies and the CAG for an audit by the latter.
Tata Housing to take up around 13 projects for constructing homes for the old.
Viom Networks is planning to raise arouns Rs 1500 crore (Rs 15 billion) and is likely to list its shares on the London Stock Exchange (LSE), say sources.
Call drop problem to improve in 12-16 weeks in Delhi: Vodafone
DoT though failed to implement TRAI's recommendations to levy spectrum usage charge
Patients from any part of the country will soon need to travel no more than three hours for treatment of the kind available in large metros.
Typically these are high-beta stocks and earnings are volatile
Tech major's shareholders will receive total dividend of Rs 15,474 crore in FY15
Active subscriber base declined by 2.2 million on a month-on-month (MoM) basis to 970.2 million in August 2019, on the back of Bharti Airtel and Vodafone Idea losing customers. Jio was the only operator to add 7.2 million active subscribers in the same month.
Bulk of these customers use 2G phones and are still focused on voice services and might prove useful for both Bharti Airtel and the Idea-Vodafone combine.
No one is right all the times. Recognising the market signals is a very important part of your portfolio creation, says P V Subramanyam
Most of the session's gains for both the indices were wiped out as investors rushed to book profits ahead of F&O expiry on Thursday and also due to concerns over stretched valuations.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The government has cleared the lone bid of Airbus-TATA consortium for replacing Indian Air Force's fleet of ageing Avro transport aircraft for Rs 11,930 crore besides approving Russia's offer to build Kamov Ka-226T helicopters under 'Make in India' initiative.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
'You could have an additional pool of 15,000-odd qualified and competent doctors.'
Bulk of the medicine sales in the $22-24 billion domestic pharma market happens through offline retail chemists. With the entry of online pharmacies, this space has started to witness a shake-up. Sample this: Dawaa Dost, a Rajasthan based digital health start-up, generates medicine orders from 'kirana' stores and women self-help groups (SHGs) that operate in villages, and then service these orders through its affiliated network of pharmacies. Biddano, another health-tech start-up, has a platform that acts as an aggregator for neighbourhood chemist shops.
Infosys, TCS, Wipro, Cognizant and Satyam and Bharti Tele-Ventures figure in the elite list.
The Telecom Regulatory Authority of India (Trai) has given its recommendations on the much-awaited issue of spectrum sharing.
The shrinkage of MTS operations has helped Tata Tele's wireless net service brand to gain traction.
The strike, however, had no impact on production of auto majors Maruti Suzuki India, Hero MotoCorp, Honda Cars India, Mahindra & Mahindra, Tata Motors and Hyundai Motors India as their plants in various parts of the country functioned normally.
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.
These firms reported a combined operating profit of Rs 26,077 crore (Rs 260.77 billion).
The Nifty gained 118 points to close at 3,199.
The Sensex after moving in a range of 10,556 to 10,690, finally ended with a loss of 31 points at 10,595.
The NSE Nifty too soared by 118 points to close at 3641.
Confirming the development, Chairman Venugopal Dhoot said, "We will use the CDMA technology for mobile services in the country."
The home ministry has turned down a proposal submitted by all mobile operators, except Tele Teleservices, to undertake only 10 per cent verification.
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