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Reliance, Birla Group, Airtel eye small finance banks.
At present 100% FDI is allowed, of which up to 49% investment in a company can be done through the automatic route
The government has signed Bippas with 72 nations.
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SBI will hold 30 per cent in RIL joint venture
Market leader Bharti Airtel added the maximum 17.22 lakh (1.72 million) new users during the month to take its base to 19.65 crore (196.5 million) at the end of November.
Battleground shifts to rural and small towns, where user base aspires to upgrade to smartphones.
In a dig at Jio's Rs 1,500 4G-enabled feature phone, the Sunil Bharti Mittal-led company said its smartphone would be made available for the price of a feature phone
According to BSE, Bharti Airtel's revenue (on a standalone basis, excluding that from foreign operations and their subsidiaries) stood at Rs 49,919 crore (Rs 499.19 billion).
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Says, Jio unlikely to gain 2% revenue market share in 2017
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'Spectrum payment to push up telcos' debt to Rs 3.5 lakh cr'
Reliance Communications could become a much more formidable opponent.
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.
Customers may lose freebies or have to pay a little more for mobile services in the days ahead as operators try to make up for Rs 61,100 crore they have committed to government in the latest spectrum auction.
ONGC was the top performer while private banking major ICICI Bank extended gains
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
The entry of the deep-pocketed conglomerate is expected to heighten competition.
Mukesh Ambani-led company will squeeze market shares and margins of existing players
'Unless cash has ceased to be king, the issue is the same in the aviation, telecom and ecommerce sectors: Sustainability,' notes T N Ninan.
A year after Bharti Airtel launched 4G services, there are only 6.5 mn users in the country
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
Telcos propose licence regime for apps like WhatsApp, Skype.
Congress party has alleged that Modi government is surreptitiously taking steps to protect the interests of six leading telecom companies.
Despite low tariffs, voice usage is not growing.
Reliance Jio submitted the highest pre-auction deposit.
Sources say companies will have to keep the market share of merged entities below 50% in all circles
The coming Union Budget might give relief to foreign portfolio investors from taxation on indirect transfers.
Authorities were busy taking steps to restore the battered infrastructure in Visakhapatnam and other cyclone-hit districts in coastal Andhra Pradesh, apart from ensuring supply of essential commodities.
Banks have Rs 10 trillion in stressed assets - Rs 7.8 trillion of bad loans and Rs 2.2 trillion of restructured ones.
Spectrum auction: Govt revenues reach Rs 1.02 tln on Day 10
Jio's disruptive strategy, including free voice services and data at throwaway rates, apart from offering all services free for six months, triggered a consolidation in the telecom sector.
The company is targeting 100 million subscribers in shortest possible time, RIL Chairman Mukesh Ambani said
Telecom companies (Airtel, Vodafone, ABNL-via Idea Cellular), which enjoy larger reach, appear to be better placed among the key companies bagging payments bank licences.
The company has reportedly been in the process of shutting its CDMA business and shifting its subscribers to 2G, 3G and 4G networks.
Company has plans to launch its latest 4G enabled phone Lumia 830 priced at around Rs 26,000 before taxes by Oct.
The DoT report is expected by the end of the month.
Last year, the software giant launched a cloud adoption programme for SMBs.
From crisis leaders to future Goliaths, India Inc saw them all in 2017, says Shailesh Dobhal.
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.
