Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
Manoj Sinha will retain his current role in the railways.
Banking and telecom will see the highest impact of this transition.
From Rafale relief to heat on realtors, 10 landmark Supreme Court judgments in 2018.
According to documents accessed by Business Standard, RIL increased its direct stake in Jio to 98.9 per cent as on March this year by pumping more capital into the company.
Sensex plunges 322.39 points to over 1-month closing low of 27,797.01; Nifty tumbles 97.55 points to 8,340.70.
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RCom slashed 3G prices for all kind of connections -- pre-paid, post-paid, new and old -- across 13 circles where its third-generation services are available.
Govt likely to make security clearance mandatory for telcos irrespective of equity holding before giving licences; DoT members to meet today.
Every start-up's dream is to become a unicorn.
The recent Indian telecom spectrum auction will hasten industry consolidation, strengthen tariffs and reduce regulatory risks.
While the draft M&A policy for the telecom sector has been revised a few times over the past few months, DoT has not made any major changes to guidelines.
More than 87 per cent of the spectrum has been allocated to bidders.
Govt is set to garner Rs 1 lakh crore from sale of radiowaves.
Most public sector banks, flush with deposits now, offer 3-4% interest on savings deposits, while a few private sector banks go up to 6%.
The lack of bandwidth and content means it will be a long time before online streaming services take off in India.
A year has passed since Shashi Kapoor passed into the ages. His movies live on on television, but Shashiji's greatest legacy must remain Mumbai's Prithvi Theatre, where people came to be entertained, informed and, perhaps, also enlightened.
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Of the 11 licence holders, only eight remain in the fray as concerns about profitability and rising competition are making them think twice before jumping in.
Being employee light is the latest fad.
Commercial services may start in Mar-Apr next year
Raises cap of market share for merged entity to 50%, spectrum trading allowed, with riders.
As per data, call drop situation in Delhi has improved.
Sunil Bharti Mittal, bottom, left, says he is fond of Bill Gates' famous quote: "Success is a lousy teacher." Back from a long foreign business trip, the founder-chairman of Bharti Enterprises talks to Malini Bhupta and Kiran Rathee about the challenges posed by Reliance Jio and how he is determined to come out on top once again. Mittal says , today, Airtel is as ready as Jio in pure-play 4G operations.
Companies might have to shell out a fourth of the industry's annual net revenue to clear the obligation
Regulators will need to allow the model to evolve to allow profits to flow, says Una Gulani.
Uninor added 8.53 lakh subscribers to take its base to 4.01 crore during the reported period.
Extending its new device plus data plan to more smartphones, the operator is keen to capture the youth's attention.
'The middle class you can hurt anytime. For revenues, politics, pleasure, anything,' notes Shekhar Gupta.
The broader markets, however, outperformed the benchmark indices -- BSE Midcap and Smallcap indices ended up 0.6%-1%.
Sensex ended above 26,000 led by telecom shares amid TRAI's spectrum sharing norms.
The app uses quite a few icons, so it would be a good idea to figure out what each means before hitting the road.
The telecom industry is moving towards a five-plus one model.
The year gone by saw the high and mighty of the corporate world face the music in the Delhi High Court which held that the telecom majors are amenable to CAG audit and Mukesh Ambani's RIL struggling hard to get rid of an FIR lodged on gas pricing by the 49-day-old AAP regime.
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.
A DoT panel has backed net neutrality and made some recommendations to push the cause
Telecom Commission approves high base price of Rs 11,485 cr per Mhz for 700-Mhz frequency; no decision taken on proposed standard spectrum usage charges of 4.5%
Life Insurance Corporation of India has over Rs 7,000 crore in tax demand pending against it, the biggest across various categories.
Gujarat-based tea major will run a Rs 2-cr roadblock on Hindi and regional news channels.
Common return for excise duty and service tax was envisaged when 119 services were taxed.
By using recycled resources to create earth-friendly gifting options, the venture Surprise Someone is changing the way India smiles.
The dual-technology operator plans to divert its mobile customers and those who use mobile internet to the GSM side of its business, and devote the CDMA business exclusively to dongles.
