Bharti Airtel on Friday said its subscriber base has crossed the 100 million mark, making it the world's third largest 'in-country' mobile operator.
Airtel on Thursday launched a card that will enable subscribers to access internet through wireless medium in India and abroad.
Splitting the market with its new 'segmentation' strategy, AirTel on Tuesday launched an exclusive prepaid card for the youth priced at Rs 249 and two post-paid plans for women and senior citizens with monthly rental of Rs 150 each.
The IPO boom in 2023 added four new promoters to the billionaires' list.
The Rs 51 per GB data versus industry norm of Rs 250-plus comes with the caveat of an upfront payment of Rs 1,498 for a year
As part of the partnership, Airtel Digital TV - the DTH arm of Bharti Airtel - will offer the radio service on its iMusicSpace application.
Mukesh Kumar won the inaugural Airtel Open Golf title in Mumbai to register his fourth win on the Amby Valley PGAI Tour 2004-05 season.
Profit taking in Bajaj Finance, Nestle, Kotak Bank, SBI, Bharti Airtel L&T and Asian Paints also weighed on the benchmark index. Maruti bucked the trend by gaining 1.73 per cent after strong retails sales in September. Power Grid, M&M. JSW Steel and Tata Steel also advanced.
Telecom Minister Ravi Shankar Prasad said that there were 31 complaints of call drops against the company in 2015
Airtel said the amount will be used for refinancing its existing loan portfolio.
These vendors will plan, design, deploy and maintain 3G-HSPA (third generation, high speed packet access) networks in 13 telecom circles where the company has won 3G licences, Bharti Airtel said in a statement.
Airtel already offers services in Sri Lanka, Bangladesh and 17 African countries apart from India.
It is introducing a new business model to manage fixed line and DSL broadband networks.
Bharti Airtel says the makeover is in tune with the paradigm change the industry is about to witness.
Customers have to press the green key on their Airtel Digital TV remote to enable and access the service.
Bharti Airtel subscribers would soon be able to withdraw cash by using their mobile phone, without going to bank branches or any ATM. The company, which recently launched Airtel Money (AM) to allow users to transfer money, as well as pay bills, is in discussion with various banks to launch the cash withdrawal service.
Standard call rates to countries like the US, the UK and Canada has been raised.
Bajaj Finance was the biggest gainer in the Sensex pack, rising 2.70 per cent, followed by Power Grid, IndusInd Bank, NTPC, Bharti Airtel, ITC, Bajaj Finserv, Infosys, Nestle, Tata Steel, Tata Consultancy Services, Titan and Axis Bank. Reliance Industries, Mahindra & Mahindra, Maruti and State Bank of India were among the laggards.
IndusInd Bank was the biggest gainer in the Sensex pack, rising 3.25 per cent, followed by Tech Mahindra, Wipro, Bharti Airtel, HCL Technologies, Axis Bank, HDFC Bank, RIL, TCS, L&T and Infosys. State Bank of India, NTPC, Maruti, Bajaj Finserv, Tata Motors and Power Grid were among the laggards, slipping up to 2.94 per cent.
Bharti Airtel was the biggest gainer in the Sensex pack, rising 2.37 per cent, followed by Mahindra & Mahindra, HCL Tech, Tata Motors, Tech Mahindra, HDFC Bank, Wipro, Tata Consultancy Services, Axis Bank and Nestle. Asian Paints, Hindustan Unilever, Bajaj Finserv and NTPC were among the laggards.
The plan coming under 'Super Lifetime Prepaid' offers an Airtel user local outgoing tariff of Re 1 for life. Under this plan, the customer can stay mobile by paying just Rs 999 and they have to use a minimum of Rs 200 every 180 days to continue enjoying lifetime validity benefits.
Consolidated EBITDA came in at Rs 8,265 crore.
So you've grooved to the tunes of Airtel's latest ad featuring college students. Here's what went behind the scenes and how the commercial was made!
'We have informed the government multiple times that the situation in the US and India are different.' 'Here, there will be a 500 MHz gap in the frequencies which will safely allow aviation without interference.'
Capital expenditure by Indian companies is likely to see an uptick in the upcoming quarters as capacity utilisation has surpassed the critical threshold of 75 per cent, and numerous companies have deleveraged their balance sheets, according to analysts. The first quarter of the current financial year has shown improved profitability, driven by a decrease in input prices. This, according to analysts at Care Ratings, should stimulate a revival in the private capex cycle.
While the M1 Group, which holds 9.8 per cent in MTN, today backed Bharti's bid, Singapore Telecommunications said it has no objection to the acquisition.
An internal committee of Department of Telecom had alleged that Bharti Airtel had continued to route national and international calls as local calls under a scheme till 2005 despite being told to stop it in 2003.
Trai has invited comments till January 7 on its paper on differential data pricing.
Bharti Airtel was awarded for its performance in the South Asian region, the company said. The selection of the company was based on the parameters of growth in mobile subscriber base, EBIDTA margins, market share and Average Revenue per User.
With this, the Bharti group companies had enhanced their voting interest in Bharti Airtel to over 50 per cent, the company said in a statement.
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).
Of the top 10 valued firms, eight including Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, Hindustan Unilever Ltd, HDFC and ITC witnessed gains in their market valuation. From the top-10 pack, the valuation of HDFC Bank jumped Rs 31,553.45 crore to Rs 929,752.54 crore.
Eight of the 10 most valued firms faced a combined erosion of Rs 1,17,493.78 crore in market valuation in an overall weak trend in equities last week, with Infosys taking the biggest hit. Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank and ICICI Bank were among the eight companies that suffered a decline in their valuation. ITC and State Bank of India were the only gainers. Last week, the 30-share BSE Sensex fell by 775.94 points or 1.28 per cent.
From the Sensex pack, Bharti Airtel, HDFC Bank, Titan, UltraTech Cement, ITC, Sun Pharma, Bajaj Finserv, Bajaj Finance, Hindustan Unilever and Kotak Mahindra Bank were among the major gainers. Tata Steel, Axis Bank, NTPC, ICICI Bank and IndusInd Bank were the major laggards.
The company said its customers who are Facebook users on the mobile (browser or app) will be able to access Facebook in Hindi, Bengali, Gujarati, Marathi, Punjabi, Tamil, Telugu, Kannada and Malayalam.
Shares of HDFC Bank will witness massive inflows totalling $600 million from passive trackers this week, predict analysts. This influx is attributed to the rebalancing activities in the S&B BSE Sensex and the Financial Times Stock Exchange (FTSE) indices. The Sensex is set for its quarterly rebalancing act on September 15 (date of adjustment), resulting in inflows of $102 million (approximately Rs 850 crore).
Telecom major Bharti Airtel on Thursday said it has slashed the monthly rental for its services on business phone Blackerry by up to 75 per cent to Rs 249 per month.
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