Zuckerberg says internet.org can co-exist with net neutrality
DoT will have wider consultations with all stakeholders.
Muted quarterly earnings, mixed cues from global markets and unabated foreign fund outflows added to the volatility
Airtel, Vodafone, BSNL increase subscriber share while Idea manages to retain
Experts say going ahead data price will fall further due to competition
This will be Modi's second US visit after he was elected PM.
Reliance Jio submitted the highest pre-auction deposit.
The Jio-Bharti battle will not just be limited to mobile telephony but will extend to the fibre to home space too.
Telecom operators stressed that differential pricing for data is necessary for growth.
A sluggish economy and stalled bureaucratic decision-making for the past two years thwarted capital investment and dented earnings, making it tough for the companies to raise funds.
Mukesh Ambani's Jio, high debt and some bad decisions drove RCom to its grave.
The S&P BSE Midcap and the S&P BSE Smallcap indices gained 0.3% and 0.5%, respectively
Market breadth turned negative with 1,779 declines over 884 advances on the BSE
Wipro, Steel Authority of India, HDFC Bank, Mahanagar Telephone Nigam, Bharat Heavy Electricals and Reliance Commnications among companies reporting a decline in headcount in FY17.
S&P BSE Sensex settled at 31,170, up 60 points, while the broader Nifty50 closed at record high for third straight session. It ended at 9,624, up 19 points.
DoT committee rejects most Trai suggestions for freeing airwaves for sale.
Funds will be raised via non-cumulative preference shares issued to Tata Sons on rights basis
The continuing stress faced by corporate India has weakened their debt-servicing capability and this is reflected in the banks' books, as yet-burgeoning bad loans.
Fresh buying by domestic institutional investors and better-than-expected June quarter results from some blue-chip companies boosted investor sentiment
Most of the session's gains for both the indices were wiped out as investors rushed to book profits ahead of F&O expiry on Thursday and also due to concerns over stretched valuations.
The Department of Telecom may bar operators holding 3G airwaves from sharing the high-speed spectrum.
In 2008, the 13 companies on the list accounted for 34 per cent of the overall m-cap.
The company has reportedly been in the process of shutting its CDMA business and shifting its subscribers to 2G, 3G and 4G networks.
On Monday, Ambani had said the Reliance group was open to join hands with Bharti Airtel for improving telecom network for 4G services in Punjab.
India's largest-ever spectrum auction kicked off on Saturday with major telecom operators placing bids worth Rs 53,531 crore across bands, even as the premium 700 Mhz and 900 Mhz frequencies did not find any buyer.
Analysts expect structural risks such as risk to voice revenues, steep correction in data realisations, capex spend and rise in churn and subsequent increase in costs to continue in the medium term
India's third largest telecom operator Idea Cellular joined the data tariff war by slashing 2G mobile internet rates by 90 per cent and 3G tariffs by 30 per cent for six months from November 15.
The broad-based NSE Nifty rose 52.80 points, or 0.50 per cent, to end at 10,530.70
Initiative aims to encourage more people to use the Internet.
Voice calling will be free on Jio phones for life and post December 31, 10 data plans will be offered
Airtel offers 4G service in 1800 Mhz band frequency while other companies are yet to roll out their services.
The government on Friday unveiled long awaited Unified Licence norms that provide for delinking of spectrum from operational permits and allows companies to offer services using any technology.
Midcap stocks continued to remain on buyers' radar with BSE Midcap index up 0.1%.
The DoT report is expected by the end of the month.
It has made everything public in the name of 10 lakh comments it got on draft net neutrality proposals.
Telecom subscriber base crossed the 95-crore mark in August, after a gap of more than two years, on the back of higher mobile users whose number touched 92.43 crore.
This puts an end to Facebook's Free Basics and Airtel's zero rating plans in India.
This will be in line with government's vision of Digital India.
'Unless India Inc's earnings offer promise in March 2017 quarter, sentiment may not reverse in a hurry.'
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