The Essar Oil, Rosneft deal also helped Arpwood Capital, boutique investment bank, co-founded by Rajeev Gupta and Raj Kataria, to grab the second spot in the mergers and acquisitions league table.
DoT has stated in an internal note that the 3G roaming agreements between these three companies are tantamount to their becoming mobile virtual network operators, something not allowed under the current policy.
While UK's Vodafone Group fights its tax liability in courts, British firm Cairn Energy Plc on Wednesday said it will pay all taxes due, both in India and the United Kingdom, on the $8.48 billion sale of a majority stake in its Indian arm to Vedanta Resources.
Says Airtel-Vodafone-Idea pacts violate licence terms; firms may move TDSAT.
Bharti Airtel's total revenue for the December 2018 quarter stood at Rs 20,519 crore, just one per cent higher than the Rs 20,319 crore in the corresponding period of the previous year.
A Bench headed by Justice Altamas Kabir sought an reply from 11 repondents Telecom Regulatory Authority of India, Association of Unified Telecom Service Providers of India, Reliance Communications, Tata Teleservices, Vodafone Essar Mobile Services, Cellular Operators Association of India, Bharti Airtel, Idea Cellular, BPL Mobile Communications, HFCL Infotel, and Spice Communications -- as to why they should not pay ADC to BSNL.
Indian GSM telecom operators added 11.25 million new subscribers in the month of May, taking the all-India cellular subscriber base to 444 million, according to cellular operators' association COAI.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Firms to pay Rs 24,700 cr if spectrum formula is accepted.
Mobile tariffs are currently under forbearance, which means these are determined by market forces.
The Department of Telecom may bar operators holding 3G airwaves from sharing the high-speed spectrum.
According to sources, Bharti, Idea and Vodafone Essar have won in some of the circles in the auction that lasted 34 days.
The telecom regulator had suggested imposition of a price on operators for holding spectrum beyond the contracted limit of 6.2MHz.
Vodafone, Airtel, Idea provide services without spectrum.
'The BJP has shown signs lately of returning to its trader mindset.' 'Several strong emotions get meshed in this: Nationalism, protectionism, mercantilism, and arrogance,' points out Shekhar Gupta.
As the curtains fall on another year, Rediff.com brings you all the action from the sports field that defined 2019.
Recently, companies like Bharti airtel, Idea Cellular, Vodafone and Reliance Communications raised tariffs for their services by about 20 per cent in most operating circles.
It wants subscribers who are 'active' on its network.
The Jio-Bharti battle will not just be limited to mobile telephony but will extend to the fibre to home space too.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
The Railways' first-ever TVC was ideated, executed and delivered in just over two weeks and at less than Rs 2 crore.
Analysts say that Jio's substantial slowing down in net additions is possibly because the company has dramatically reduced its bundled 4G feature phone offering, which contributed an average 30-40 per cent of its net additions.
If companies get into trouble, the loan becomes a non-performing asset and "we very much want these assets to be back on track," Raghuram Rajan said.
GSM operators in the country have added 14.49 million new users in the month of March, taking the total GSM subscriber base to 569.55 million, an industry body said.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Here are 9 hot gadgets worth drooling over: Apple iPhone 4G, Nokia X2, Asus U43Jc Bamboo Collection notebook, Lenovo Y-series notebooks, Apple 27-inch LED Display, Fujifilm Finepix S1800, Toshiba Portege T210, Samsung Floor Standing ACs and Moser Baer MP565-2G MP3 player. Enjoy!
While only 78.15 per cent of Jio's total subscriber base was active, Airtel boasts of 98.14 per cent active customers.
With telecom and banking majors stepping up mobile banking services, 2011 is poised to be the year that would transform your banking habits - making payments or checking your account balance on your mobile.
Gold, forex assets, IT sector, pharma. Devangshu Datta explains why each of these is a good hedge against market shocks at this time.
Service providers, handset vendors add millions of consumers every month, but don't tackle consumer complaints at the same pace.
If a name does not unify the three, there could be continued clash of identities, which could splinter the brand even before it takes shape, say Abhijit Lele and Nikhat Hetavkar.
The telecom regulator in the second ultimatum to GSM operators, including Bharti, Vodafone and BSNL, has given August 21 as the deadline to give interconnections to the RCom GSM network. Trai has cited it as a licencing condition to provide interconnection among the service provider implying if a mobile operator does not give interconnection to another based on mutual commercial agreement, it is a violation of license condition attracting penalty.
'Willing to spend is different from when to spend and how much to spend'
But how often has a brand mascot been able to single-handedly define the entire brand value proposition? And also help create a separate identity for the brand?
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Mahindra & Mahindra gets the biggest impact of the Supreme Court's ban on sale of vehicles in Delhi with diesel engines bigger than 2,000cc.
India Inc loves to applaud every time any businessman or executive of Indian origin makes it to the top in the developed world.
Famous and long believed to be trusted Indian brands have wilted against foreign brands, says Mohan Guruswamy.
Piramals are the largest investors in the Indian real estate sector after HDFC, with investments worth $3 billion already.
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