Sun Pharma dipped 2% to Rs 615 on the BSE, its lowest level since November 9, 2016
Spectrum auction on Thursday entered the 10th day of bidding and started off from Rs 61,091.83 crore (Rs 610.91 billion) in terms of value.
Market breadth was weak with 1239 losers and 1078 gainers on the BSE.
Telecom companies have put in bids worth Rs 58,332 crore (Rs 583.32 billion) in spectrum auction at the end of 49 rounds on the 7th day of bidding on Monday.
The auction started off with the 36th round this morning. At the end of 35 rounds on Friday, bids worth around Rs 54,600 crore had been received by the government.
Smartphones are powered with free unlimited Internet browsing for a year.
Evolving a common work ethic and culture will be critical so that the merged entity does not lose focus on the common enemy outside -- and instead becomes more obsessed with internal turf wars.
Broader market outperformed the headline indices with BSE Midcap and Smallcap finishing the day 1.22%, and 1.54% higher, respectively
Airtel, Vodafone, Idea, RCom, Reliance Jiosubmitted applications.
When it comes to the number of phone bill disputes, Vodafone, Idea Cellular, BSNL and Aircel were high on the list in several service areas during the quarter ended June.
Total income from operations rose 6.55 per cent to Rs 5,361 crore (Rs 53.61 billion) for the reported quarter as compared to Rs 5,031 crore (Rs 50.31 billion) for the same period last year.
High spectrum charges would lead to rise in mobile services rates and adversely impact government's Digital India initiative by impeding telecom network expansion.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Bharti Airtel made part payment of Rs 4,725 crore.
Most business groups in India, including Godrejs, Tatas and Mahindras, have seen patience tested in JVs, with some of them winding up quickly
Zuckerberg appeared on a video to personally promote Free Basics.
Facebook has launched an 'internet.Org' initiative
TCS, Bajaj Auto, Adani Ports and Cipla were the top gainers on BSE Sensex while Coal India, GAIL, Dr Reddy's and Infosys lost the most on the index.
The interconnection charge has been reduced.
RCom had net debt of about Rs 40,222.6 crore at the end of June 30.
The agency had earlier alleged that the company had sold its 9.1% stake to Delphi for Rs 10 crore --a rate much lower than the prevalent market price.
Textile and telecom shares have gained ahead of the Cabinet meet later today which is likely to announce new measures for both the sectors.
Mobile phone service providers alone jointly reported gross revenue of Rs 55,164.18 crore (RS 551.64 billion).
Mark Zuckerberg said the company believes in Net neutrality "very strongly".
Investors brace up ahead of the key macrodata- IIP and CPI numbers due to be unveiled tomorrow.
Telecom Regulatory Authority of India, on October 15, gave its recommendation on spectrum auction for premium 900 Mhz band and 1800 Mhz band that are presently being used for 2G GSM mobile services by Airtel, Vodafone, Idea Cellular and Reliance Communications.
Nifty crosses 9,750-mark; Bharti Airtel, TCS, Wipro, Lupin and Coal India gained the most on BSE Sensex
Hudhud leaves a trail of destruction in Visakhapatnam, home to a major naval base.
Govt's revenue estimates may take hit on spectrum sharing, trading deals
Rise in crude oil price and rally in global equities aided the sentiment
In effect, companies which put their money in telecom in India would have done much better to keep the cash in bank and earn interest.
Govt is set to garner Rs 1 lakh crore from sale of radiowaves.
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RCom slashed 3G prices for all kind of connections -- pre-paid, post-paid, new and old -- across 13 circles where its third-generation services are available.
The recent Indian telecom spectrum auction will hasten industry consolidation, strengthen tariffs and reduce regulatory risks.
Currently, MNP is only available within a state/circle.
Government's resolution on the contentious issue of spectrum usage fee seems to have found favour with telecom operators with none of them withdrawing their application from airways auction on the last day on Monday.
TRAI may recommend the DoT to levy one-time non-refundable fee of Rs 50,000 per operator for each service area in which they opt for spectrum sharing.
Trai has invited comments till January 7 on its paper on differential data pricing.
Of late, net neutrality has generated much debate.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
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