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Reliance, Birla Group, Airtel eye small finance banks.
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SBI will hold 30 per cent in RIL joint venture
Battleground shifts to rural and small towns, where user base aspires to upgrade to smartphones.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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.
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).
Says, Jio unlikely to gain 2% revenue market share in 2017
'Spectrum payment to push up telcos' debt to Rs 3.5 lakh cr'
Reliance Communications could become a much more formidable opponent.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
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.
ONGC was the top performer while private banking major ICICI Bank extended gains
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.
'Unless cash has ceased to be king, the issue is the same in the aviation, telecom and ecommerce sectors: Sustainability,' notes T N Ninan.
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
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
A year after Bharti Airtel launched 4G services, there are only 6.5 mn users in the country
Congress party has alleged that Modi government is surreptitiously taking steps to protect the interests of six leading telecom companies.
Telcos propose licence regime for apps like WhatsApp, Skype.
Despite low tariffs, voice usage is not growing.
Reliance Jio submitted the highest pre-auction deposit.
The coming Union Budget might give relief to foreign portfolio investors from taxation on indirect transfers.
Banks have Rs 10 trillion in stressed assets - Rs 7.8 trillion of bad loans and Rs 2.2 trillion of restructured ones.
Sources say companies will have to keep the market share of merged entities below 50% in all circles
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.
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.
Spectrum auction: Govt revenues reach Rs 1.02 tln on Day 10
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.
From crisis leaders to future Goliaths, India Inc saw them all in 2017, says Shailesh Dobhal.
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.
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.
Last year, the software giant launched a cloud adoption programme for SMBs.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Most of the steep rate cuts announced might also not translate into bill savings for subscribers
