Rahul Khullar's guiding credo was that a civil servant must never lose sight of his client: The little guy. The evil men are those who are decision-makers but abdicate their responsibility of taking decisions, leading people to lose confidence in public institutions.
Arun Sarin, a controversial albeit one of the most successful CEOs of British telecom giant Vodafone, will hang his boots on Tuesday to don a new gear for trekking in Himalayas.
Marketing gurus believe 'Hutch' should give way to 'Vodafone', quickly. Here's why.
Sunil Mittal is confident that Airtel will retain its numero uno position, inspite of Vodafone's competition.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Experts explain the distinction between the rights of small and minority shareholders in public-listed and private companies.
A new CBDT directive actively makes India-dedicated funds comparatively unattractive for institutional investors. It makes no sense, says Akash Prakash.
The 40 per cent market share cap suggested by the Telecom Regulatory Authority of India (Trai) is likely to make mergers between existing telecom operators extremely tough.
India's first auction of spectrum in five years attracted Rs 77,146 crore of bids on the opening day on Monday with Reliance Jio, Bharti Airtel, and Vodafone Idea participating in the bidding process - a response that the government said was better than expected. There were, however, no takers for spectrum in 700 MHz and 2500 MHz bands on the first day, and the auctions will continue and conclude on Tuesday. About 2,308.80 MHz of spectrum, that carry telecom signals, in seven bands worth nearly Rs 4 lakh crore at the reserve or start price, was offered for bidding in the auction that began on Monday. Communications Minister Ravi Shankar Prasad said Rs 77,146 crore worth of spectrum was bid on the first day but there were no takers for the airwaves in the premium 700 MHz as also 2500 MHz bands.
The list of companies skipping dividends in FY19 includes some of the country's largest firms and industry leaders such Tata Motors, Avenue Supermart, Future Retail and Vodafone Idea, among others.
The lack of bandwidth and content means it will be a long time before online streaming services take off in India.
Triggering a tariff war, Idea Cellular on Thursday slashed data charges by 90 per cent in eight circles, following Bharti Airtel and Vodafone, who recently cut their rates by similar margins in select circles.
The announcement quells fears among some telcos that Chinese players might be banned from participating in 5G trials and roll outs.
While UltraTech Cement has been the biggest value creator adding nearly Rs 99,000 crore to its market capitalisation, Grasim Industries has added around Rs 27,000 crore to its market cap.
Big three telecom companies term Jio's free voice calls predatory pricing
Govt says there is enough spectrum, telcos differ
According to rating agency Fitch, India can in the long run support five-six profitable telecom operators.
Hutchison Telecom on Sunday said talks were on with various suitors for sale of its holding in joint venture Hutch-Essar in India and that there was no time-frame for a decision.
Hutchison Telecom, the Hong Kong- based mobile major, on Tuesday said its first-half profits ended June have risen from the sale of its Indian assets to UK's Vodafone that included a one-time gain of Hong Kong dollars 69.3 billion.
Hutchison Telecommunications India Ltd is unlikely to give the Essar Group an option to match Vodafone's offer in the documentation of the sale of its 67 per cent equity stake in Hutchison-Essar.
Hutchison Telecom International Ltd will convene an extraordinary general meeting of the shareholders on March 9 to vote on sale of its controlling stake in Indian mobile operator Hutch-Essar to UK mobile phone giant Vodafone.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Happy at the clear mandate given by voters to the BJP-led NDA, India Inc on Friday exuded confidence that Narendra Modi will initiate bold and decisive policy reforms to promote economic growth.
According to a study, the change in frequency for transmitting mobile signals could cost the telcos over Rs 1 lakh crore (Rs 1 trillion) cumulatively.
Whatever the critics may say, the numbers suggest that India continues to be a favourite destination for foreign investors.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
In April 2013, CBI had first told the Court there were "some difficulties" in the probe after it went abroad.
Investor lobbies and tax lawyers estimate the bill for international funds and banks could be as high as $8 billion
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
Bharti Airtel has paid Rs 11,374.7 cr while upfront amount due from it was Rs 7,832.20 cr
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The combined profit before tax of 748 companies, which have declared their results for Q1FY21, is down 46 per cent YoY. Their net sales went down by a quarter as the Covid-19 lockdown led to a sharp fall in economic activity.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Market share of Airtel, Vodafone & Idea rises to 70% from 60% in 2010 and 50% in 2008.
The new proposals will lead to complex processes and huge costs for telecom service providers, without any substantial benefits: COAI
This is the last lot of payments that telcos will make towards deferred spectrum liabilities, as the Union Cabinet had late last year approved a two-year moratorium on such spectrum payment dues.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Prepaid mobile customers in India has never had it so good. Vodafone, Idea, MTS & Aircel has confirmed that from Friday there will be only three types of vouchers for mobile recharge. Others too will have to follow soon.
The latest deal would give Facebook deeper access to India, the second largest internet market after China.
