The Securities and Exchange Board of India (Sebi) is expected to take two decisions simultaneously in July. The first is to introduce a shorter time-frame between the closure of an IPO for subscription and its listing. The second is asking all classes of investors, including qualified institutional buyers (QIBs), to make full payment while applying for an IPO.
Rationalisation of reserve prices in the ongoing spectrum auction helped the government to get Rs 40,000 crore of bids on the opening day.
When, recently, Bharti Airtel announced a Rs 21,000 crore rights issue, analysts pointed out that its structure was similar to that of Reliance's issue in June 2020. One similarity is that shareholders in both companies have to pay only 25 per cent of the money on application. The rest is to be paid in two tranches. In Bharti Airtel's case, it is within 36 months; in Reliance Jio's, it is within 17 months.
The bidding for four spectrum bands is scheduled to start from March 4.
Patra, as executive director of the central bank, was the principal advisor to the Monetary Policy Department since July 2012.
Eight telecom companies, including Bharti Airtel, Vodafone and Idea Cellular, the biggest three in the country, bid a combined Rs 61,162 crore (Rs 611.62 billion) in the spectrum auction held earlier this month.
Raghuram Rajan said the head of the central bank should have a fixed tenure of more than three years as the current term was too short.
The first new product to be developed and introduced under Chief Executive Officer Tim Cook's reign is a wearable device
With effect from January 1, 2006, pension is calculated with reference to average emoluments.
It is believed that apart from Bharti Airtel and Bharti Infratel, there are four players that have made a bid.
Spectrum auction proceeds to help plug fiscal deficit: Moody's.
Some simple tips can help you in better understanding of your CIBIL Report.
RBI Governor Raghuram Rajan on Friday pitched for incentivisation of domestic savings to boost investments in the country.
While Vodafone will hold 45.1% of the shares in the new entity, to be renamed at a later stage, Kumar Mangalam Birla and other promoters of Idea group will hold 26%. Vodafone India will also transfer 4.9% of its shareholding to Idea's promoters for a cash consideration of Rs 38.74 lakh crores.
'We are very watchful about inflation and growth. But the main challenge is economic revival and growth.'
Reliance Jio to take over mobile business assets of troubled RCom at an estimated value of Rs 24,000-Rs 25,000 crore.
ONGC was the top performer while private banking major ICICI Bank extended gains
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Among other scrips, which would be shifted to the trade-to-trade segment include 3i Infotech, Bartronics India, Ramky Infrastructure and Zenith Birla (India) Ltd.
Apple Inc unveiled a watch, two larger iPhones and a mobile payments service on Tuesday as Chief Executive Officer Tim Cook seeks to revive the technology company's reputation as a wellspring of innovation.
Not directly connected to the stars, who have their own security, they are part of the unregulated work force that keeps the engines running smoothly in the showbiz industry.
India must change approach and have better access to networks to fulfil its digitisation dream.
The merger will result in substantial cost and capex synergies with an estimated net present value of around USD 10 billion after integration costs and spectrum liberalisation payments, with estimated savings of USD 2.1 billion annually from the fourth year of the merger.
Given that medical inflation is estimated at 15% to 20%, a no-claim bonus can provide added benefit
RCom and Aircel will hold 50 per cent each in the new company
As part of the national telecom policy, which is likely to be released next month, various levies and charges including SUC would be reviewed in line with the input tax credit available.
Appropriate policies will increase connectivity much more than spectrum auctions, says Shyam Ponappa.
Dollar gained against major currencies overseas.
The move is part of a surveillance review to safeguard interest of investors in the capital market.
GST Council has also reached consensus on the definition of revenue to compensate states for revenue loss
Cash flow-based analysis should throw up businesses better able to survive the transient effects of a working capital crunch, says Devangshu Datta.
'Modi has not lacked courage in the political sphere. It is time he showed it in the economic sphere as well.' 'To do this, he needs to shed the simple-minded nostrums about economic growth and swadeshi that he learnt in the Sangh Parivar,' suggests Virendra Kapoor.
The three companies for sale are Reliance Communications, Reliance Telecom and Reliance Infratel.
The Saudi and Iraq offer to replace Iranian crude supplies comes with a catch: Higher prices for the same quality of crude. The new government will face a tough decision over fuel price hike, says Aveek Sen.
Bharti to spend Rs 1,600 cr for spectrum payout over 10 yrs; Telenor to service its own debt.
It was truly heartening to see how the Sikh community had risen to the occasion during the Black Lives Matter peaceful protests and the coronavirus pandemic and selflessly served those looking for nourishment.
DoT though failed to implement TRAI's recommendations to levy spectrum usage charge
There will be an automatic reduction in interest rates of all floating rate loans anytime soon.
The Indian market is highly competitive, and tariffs here are amongst the lowest in the world.
The state is now under pressure to revise the salaries of its 800,000 employees, which would add to the strain of an already debt-laden state exchequer.
