Vodafone CEO Arun Sarin, who engineered the acquisition of Hutch-Essar in India, has accused unsuccessful rival bidders of trying to derail the deal and sought transparency from Indian regulators in M&A approvals.
The pack is available for Rs 1,495 for existing users and Rs 1,494 for new users, and effectively brings down 4G data rates to Rs 50 per GB
Price of put option to be assessed for future sale.
The stake, which is valued at Rs 8,200 crore at the company's current market capitalisation, will be sold by one of the group companies of Bharti Enterprises.
Telcos may hike mobile rates to recover spectrum cost: Moody's
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Nandan Nilekani complimented RBI on granting licenses to payments banks, calling it 'a great revolution'.
French hacker Elliot Alderson had earlier pointed out UIDAI helpline (1800-300-1947) could just be "the tip of the iceberg", hinting there could be additional data or trackers on Indian phone manufacturers' devices.
Analysts attribute this fall to the recent moderation in energy (mainly crude oil) and commodity prices, lowering of input costs for companies in sectors such as FMCG, consumer durables, and automobiles, reports Krishna Kant.
At present 100% FDI is allowed, of which up to 49% investment in a company can be done through the automatic route
Regulator has suggested a lower reserve price even in service areas where spectrum was sold in November 2012.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
Govt's revenue estimates may take hit on spectrum sharing, trading deals
The arbitration clause is present in almost 95 per cent of corporate agreements, according to tax and audit firm Ernst & Young.
