FMCG, durables, pharma firms say they remain unclear about transition gains and losses
The Supreme Court in February, 2012 had quashed 122 2G licences.
OVL, along with Oil India Ltd, had in June agreed to buy Videocon Group's 10 per cent in the same block for $2.48 billion.
Debt funds have exposure of nearly Rs 8,000 crore to Zee group papers. Aditya Birla MF, HDFC MF, Franklin Templeton MF, and ICICI Prudential MF have the highest exposure, reports Samie Modak.
Telecom subscriber base crossed the 95-crore mark in August, after a gap of more than two years, on the back of higher mobile users whose number touched 92.43 crore.
Country's second largest telecom player Vodafone has launched Rs 5 per day scheme offering free incoming calls, cheaper outgoing calls and SMS rates during national roaming.
Most companies were working on Rs 65-66 to a dollar.
Airtel, Vodafone, Idea, RCom, Reliance Jiosubmitted applications.
Market leaders in this line of business - New India Assurance and Tata AIG - have begun to reassess the premium on risk exposure of their portfolio in the director's and officer's liability business.
The telephone subscriber base was 996.49 million at the end of March.
Wishlist for new PM includes growth boosters, reining in inflation, faster project clearance and reversal of Land Acquisition Act
Local traders are evaluating other options rather in FDI.
Double whammy for consumer firms, where the top line will remain subdued due to demonetisation and margins will squeeze owing to a crude oil spike and rupee depreciation, reports Viveat Susan Pinto/Business Standard from Mumbai.
The average rating was seven out of 10.
Around 300 promoters serve their company boards for free.
The company was looking to raise around Rs 1,800 crore for a stake sale of 10 per cent.
Mobile phone service providers alone jointly reported gross revenue of Rs 55,164.18 crore (RS 551.64 billion).
Stocks to watch: Videocon, Blue Star, Hitachi, MIRC Electronics, BPL, Whirlpool, Gitanjali, Titan Group
Excise duty on most products has been capped at 12.5 per cent
Currently, MNP is only available within a state/circle.
Five of these have wound up since, according to records of the Ministry of Corporate Affairs
The recent Indian telecom spectrum auction will hasten industry consolidation, strengthen tariffs and reduce regulatory risks.
Yuan depreciation will make imports in China more expensive, depressing demand, especially for commodities.
Government's resolution on the contentious issue of spectrum usage fee seems to have found favour with telecom operators with none of them withdrawing their application from airways auction on the last day on Monday.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Sales of refrigerators were higher this year versus last year.
According to the CEO of an Indian group with presence in the telecom segment and two merchant bankers, the Mexico-headquartered telco's bankers have been sounded out for preliminary discussions with leading Indian telecom companies for a strategic tie-up.
The RBI has agreed to consider the application of India Post in consultation with the government.
'That will affect the economy, employment, agriculture, and ultimately, youngsters, the working class and job opportunities.'
Markets will be closed on Thursday and Friday on account of Holi and Good Friday, respectively.
Senior company officials said the funds would be used to expand its financial services business in rural India where the group would be opening more branches.
Top carmakers, including Maruti Suzuki India, Hyundai and Honda, are expecting a spike in their sales following the implementation of 7th Pay Commission recommendations.
RCom may get around Rs 4,500 crore by trading its radiowaves to Reliance Jio.
DoT had raised the demand on December 22 and asked RCom to pay within a month.
Sebi has long struggled with balancing the needs of small investors and those of the market.
US, China and Japan have no quotas for women and have had the lowest increase in female directors.
Merrill Lynch jumps to first from 7th last year in a smaller market; says its focus is larger deals and clients.
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).
Busting a major 'front running' case in the stock market, Sebi on Friday ordered impounding of unlawful gains worth nearly Rs 15 crore (Rs 150 million) from brokerage firm Sharekhan and 15 other entities.
Several high profile companies are burdened with losses, mounting debt and have a huge load of operational costs.