Viom Networks is planning to raise arouns Rs 1500 crore (Rs 15 billion) and is likely to list its shares on the London Stock Exchange (LSE), say sources.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
DoT though failed to implement TRAI's recommendations to levy spectrum usage charge
Typically these are high-beta stocks and earnings are volatile
Bulk of these customers use 2G phones and are still focused on voice services and might prove useful for both Bharti Airtel and the Idea-Vodafone combine.
The total valuation of Tata Teleservices, according to the valuer, was only Rs 11,000 crore (Rs 110 billion), against the pre-agreed valuation of Rs 27,000 crore (Rs 270 billion).
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.
Here's a look at how key Tata group companies fared under Cyrus Mistry's stewardship.
R Venkataramanan, the managing trustee of the Sir Dorabji Tata Trust who is responsible for all Tata-run trusts, prefers to keep a low profile but has emerged as a power centre in the group - with more clout than many established CEOs, says Dev Chatterjee.
No one is right all the times. Recognising the market signals is a very important part of your portfolio creation, says P V Subramanyam
These firms reported a combined operating profit of Rs 26,077 crore (Rs 260.77 billion).
Inflation is down, growth is headed for recovery. RIL and subsidiary Jio are on an upswing. However, stressed loans and impending job losses are the dark clouds, says Devangshu Datta.
The Telecom Regulatory Authority of India (Trai) has given its recommendations on the much-awaited issue of spectrum sharing.
Small- and mid-size companies where Cyrus was the chairman did better on bourses than large Tata group companies
Leverage ratio falls to under 1; but group heavily dependent on TCS & Tata Motors.
DoT decides not to scrap dual-technology telecom licences
Tech major's shareholders will receive total dividend of Rs 15,474 crore in FY15
Tata Sons said dividend from 40-odd Tata Group firms had declined during Mistry's tenure while expenses had risen
Sebi also ordered freezing the voting rights and corporate benefits of promoters of these companies.
Chinese telcos hold 60-100 MHz of spectrum, while Indian companies hold 13-15 MHz of spectrum.
Summing up the year gone by, Sebi Chairman U K Sinha told PTI that the regulator was also able to provide clarity and a direction to the market in areas like corporate governance and investor protection during 2013.
Telecom companies that bought spectrum in the 2G auction of November last year would lose around Rs 4,000 crore
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