Docomo is looking to expand its reach beyond Japan and sees India and Africa as key emerging markets.
The amount generated so far is about 86 per cent of what the 3G auction fetched in 2010.
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
Uninor added 8.53 lakh subscribers to take its base to 4.01 crore during the reported period.
Provisioning for bad investments, finance costs shoot up in FY14.
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.
The third round of spectrum auction continued to witness aggressive bidding even after completion of seventeen rounds on Wednesday with demands for both bands of airwaves on offer continuing to pour in.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
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 freebies are now over, but Jio will need to notch up subscriber numbers and margins to prove its sceptics wrong.
Tata Sons, holding company for the Tata group, is working on building a centralised rural business platform that could be leveraged for the entire group's benefit, instead of each company looking at it separately.
Broader markets underperformed the benchmark indices with BSE Midcap and Smallcap indces slipping 0.8%-1.1%
A crown of thorns awaits the next telecom minister at Sanchar Bhawan as the new incumbent will have to address a host of tricky issues like industry infighting, tariffs and improving financial health of the Rs 2.3 lakh crore industry.
Spectrum was sold at about 68 per cent premium.
Ambani's $15 bn bet will upend Indian telecom
Jio's disruptive strategy, including free voice services and data at throwaway rates, apart from offering all services free for six months, triggered a consolidation in the telecom sector.
The big beneficiaries of this move will be the big three -- Bharti, Vodafone and Idea.
Tata, 78, who retired as Tata Group Chairman nearly four years back, justified his return for "maintaining stability and continuity of leadership" and promised to give the group "a world-class leader" when a fulltime boss is appointed.
Its says reconsider lower reserve price, uniform usage charges; GSM players to bear the brunt.
Telecom companies that bought spectrum in the 2G auction of November last year would lose around Rs 4,000 crore
Spectrum auction took off on Wednesday from Rs 58,980.29 crore (Rs 589.80 billion) mark with demand for the premium 900 Mhz band seemingly tapering off at the end of 56 rounds.
The country's wireless subscriber base fell to 87.05 crore at the end of September, registering the first drop in five months, after Reliance Communications deactivated services of over 1 crore "unprofitable" users.
Decision to build or buy a platform is a function of price but buyouts are helping large investors create a medium and influence outcomes.
The company will wait for sizeable user base for better valuation.
Bharti to spend Rs 1,600 cr for spectrum payout over 10 yrs; Telenor to service its own debt.
Tata Sons and Singapore Airlines (SIA), which recently received a no-objection certificate from the ministry of civil aviation to start a full-service airline (Tata-SIA Airlines), are in the process of securing an import licence for 20 Airbus A320 aircraft.
Market breadth was weak with 1,260 advances and 1,597 losers on the BSE.
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
Srei Infrastructure's vice-chairman -- and former Assocham president -- Sunil Kanoria discusses the Kanoria businesses and his impression of the Modi government with Ishita Ayan Dutt and Namrata Acharya.
Hemant Kanoria tells Niraj Bhatt why understanding the dynamics of the borrower's business is critical for the lender.
Sebi also ordered freezing the voting rights and corporate benefits of promoters of these companies.
Analysts say Tatas could sustain their current pace of growth, provided the group's "cash cows", such as TCS and Tata Motors, continue to deliver.
Chinese telcos hold 60-100 MHz of spectrum, while Indian companies hold 13-15 MHz of spectrum.
Here's a look at how key Tata group companies fared under Cyrus Mistry's stewardship.
Famous and long believed to be trusted Indian brands have wilted against foreign brands, says Mohan Guruswamy.
Of the two big players, while Bharti Airtel can leverage its existing subscriber base, newcomer Reliance Jio will have to wean away subscribers from the incumbents
Lt Governor says discoms must cooperate or face cancellation of licences. Ficci cries interference.
A look at the life and times of maverick businessman Chinnakannan Sivasankaran
While study was done before the current boardroom battle began, the findings indicate Tata is no longer viewed as aspirational brand by working professionals.
T N Ninan lists a few David-Goliath encounters in the Indian markets, all of which make life interesting, though difficult if you are an investor looking for the next multi-bagger.
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