News for 'telecom industry'

Stock Picks: 10 Value Bets For Rich Payoffs

Stock Picks: 10 Value Bets For Rich Payoffs

Rediff.com7 Nov 2023

10 non-bank and non-finance stocks from the BSE500 Index universe that offer an optimal blend of low valuation, reasonably robust revenue and earnings growth in recent quarters, a strong balance sheet, and most importantly, positive cash flow from their operations.

'MF industry needs simple KYC norms'

'MF industry needs simple KYC norms'

Rediff.com1 Feb 2017

'The number of first-time investors into MFs can grow four times more than the current rate if we are able to accept the bank KYCs.'

Trai wants spectrum base price slashed by 39%

Trai wants spectrum base price slashed by 39%

Rediff.com11 Apr 2022

Telecom regulator Trai on Monday recommended about 39 per cent reduction in the reserve or floor price for the sale of spectrum for mobile services, including the latest 5G offering, as it looked to match revenue expectations with the industry's paying capacity. With large swathes of spectrum remaining unsold in the last two auctions, the Telecom Regulatory Authority of India (Trai) recommended to the government for selling airwaves in all existing bands of 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz and new slots of 600 MHz, 3300-3670 MHz and 24.25-28.5 GHz. It has suggested a lower reserve price for all bands, compared to the prices proposed in the previous recommendations in 2018.

'No Reason For Investors To Worry'

'No Reason For Investors To Worry'

Rediff.com31 Jul 2023

'Especially if their investment horizon is over two years.'

How RIL quietly reinvented its investment strategy to meet new goals

How RIL quietly reinvented its investment strategy to meet new goals

Rediff.com27 Sep 2022

Reliance Industries (RIL) has been distilling its investment strategy to meet new goals. The share of the new energy vertical - its key focus area - accounts for more than a fourth (26 per cent) of the total war chest of $6.4 billion, ploughed into acquisitions and picking up stake from 2018 to date, reveals the latest Morgan Stanley data. Nearly half the incremental investments made on deals by RIL between August 2020 and September this year ($3.3 billion) has been spent on new energy - acquiring global companies with technology and expertise.

GSM-CDMA fracas to end soon: Shourie

GSM-CDMA fracas to end soon: Shourie

Rediff.com8 Sep 2003

No licensing system should come in the way of the country's progress: Shourie

India Inc's profit contribution to GDP likely to jump three times

India Inc's profit contribution to GDP likely to jump three times

Rediff.com22 Feb 2021

The bulk of the incremental profits will come from oil & gas and automobile sectors.

Nokia buys Alcatel-Lucent to grow in telecom gear

Nokia buys Alcatel-Lucent to grow in telecom gear

Rediff.com15 Apr 2015

Nokia sold its once-dominant handset business last year.

VSNL: Learning the global ropes

VSNL: Learning the global ropes

Rediff.com10 Aug 2005

No duty on IT, telecom hardware from 2005

No duty on IT, telecom hardware from 2005

Rediff.com16 Sep 2004

Union IT and Communications Minister Dayanidhi Maran on Thursday said IT and telecom hardware industry will be under a zero-duty regime from 2005.

'Spectrum payment to push up telcos' debt to Rs 3.5 lakh cr'

'Spectrum payment to push up telcos' debt to Rs 3.5 lakh cr'

Rediff.com26 Mar 2015

'Spectrum payment to push up telcos' debt to Rs 3.5 lakh cr'

Cellular services mart to reach $25 bn by 2011

Cellular services mart to reach $25 bn by 2011

Rediff.com19 Jul 2007

The Indian market is driven by prepaid connections, which accounted for over 84 per cent in 2006. It is expected to reach 93 per cent by 2011.

TRAI needs to pull up its socks

TRAI needs to pull up its socks

Rediff.com21 Jan 2003

A fair telecom market needs a tough and unbiased regulator who can protect consumersÂ’ interests and create a level playing field for all parties, says Sucheta Dalal.

Advertising slowdown likely to weigh on IPL this year

Advertising slowdown likely to weigh on IPL this year

Rediff.com23 Jan 2023

The 2023 edition of the Indian Premier League (IPL) will see Disney-Star and Viacom18 competing to sell their ad space with an eye on the estimated Rs 4,000-crore advertising money.

Mobile tariffs can fall by 30%, if. . .

Mobile tariffs can fall by 30%, if. . .

Rediff.com28 Dec 2004

There is a scope for 30 per cent reduction in mobile tariffs if the government brings down current taxes on telecom industry, Sunil Mittal, chief managing director, Bharti Enterprises said on Tuesday.

5G will make our cities smarter and society safer: Akash Ambani

5G will make our cities smarter and society safer: Akash Ambani

Rediff.com28 Feb 2023

5G ambulances will not just allow remote consultation, but would also be able to transit data and video to hospitals in real time, saving precious time for critical patients. 5G technology would also support the development of new educational applications, improve agriculture productivity, and aid search and rescue missions with high resolution cameras in disaster recovery zones.

Is Adani a Modi Crony?

Is Adani a Modi Crony?

Rediff.com11 Apr 2023

This State-corporate 'cooperation' didn't begin with the arrival of the Modi government.
Many of the big licences, contracts, and even environmental clearances for the Adani group had come in the UPA's time, points out Shekhar Gupta.

iPhone 14 series: Launch of eSIM-only handsets has Indian buyers in a fix

iPhone 14 series: Launch of eSIM-only handsets has Indian buyers in a fix

Rediff.com19 Sep 2022

Apple's decision to launch the eSIM-only iPhone 14 series in the US has American buyers puzzled. Surprisingly, it stumped some Indian folks, too, despite the availability of a physical SIM slot in the India-centric iPhone 14 series. This is because a large number of Apple consumers in India get their iPhones at considerably cheaper rates from the US through visiting relatives, friends, family, et al. Their apprehensions are mostly about compatibility with Indian networks and eSIM availability in India.

Airtel prepays Rs 15,519 cr to DoT

Airtel prepays Rs 15,519 cr to DoT

Rediff.com17 Dec 2021

Telecom operator Bharti Airtel on Friday said it has paid Rs 15,519 crore to the government towards prepayment of its entire deferred liability pertaining to spectrum acquired in the 2014 auction. The company had acquired 128.4 MHz spectrum (including Telenor spectrum) for a consideration of Rs 19,051 crore in the 2014 auction, Airtel said in a statement. The company estimates that the prepayment to Department of Telecom (DoT) will likely result in interest cost savings of at least Rs 3,400 crore over the residual life for fully substituted capital.

Investor wealth jumps Rs 3.35 lakh cr in two days

Investor wealth jumps Rs 3.35 lakh cr in two days

Rediff.com15 Sep 2021

Investors have gained Rs 335,770.71 crore in two days of market rally, with the Sensex scaling its fresh lifetime peak on Wednesday. Rising for the second day, the 30-share BSE benchmark jumped 476.11 points or 0.82 per cent to close at its new all-time high of 58,723.20. During the day, it gained 529.97 points to 58,777.06, its intra-day record.

DoT asks defence to vacate 80 MHz more

DoT asks defence to vacate 80 MHz more

Rediff.com28 Apr 2011

The vacation of additional 2G and 3G spectrum may generate additional revenue of about Rs 80,000 crore (Rs 800 billion) on the basis of prices according to spectrum auctioned last year, DoT said in a note for the empowered group of ministers.

FDI in IT, telecom to double in 2006: Maran

FDI in IT, telecom to double in 2006: Maran

Rediff.com8 Feb 2006

The government on Wednesday said foreign direct investment in IT and telecom sector is expected to go up by more than 100 per cent in 2006.

Crisil pegs industrial capex at Rs 10.5 lakh cr

Crisil pegs industrial capex at Rs 10.5 lakh cr

Rediff.com6 Aug 2009

According to the study spanning 11 key sectors, aggregate industrial investments would continue to grow despite the current economic slowdown amid expectations of a relatively muted GDP growth. The study stated that aggregate industrial investments would grow at a moderate pace over the next three years, with total investments projected at Rs 10,50,000 crore.

New Year gift: Airtel, RCom won't raise SMS rates

New Year gift: Airtel, RCom won't raise SMS rates

Rediff.com31 Dec 2009

For operators, occasions such as Holi, Diwali, Christmas, New Year and Independence Day spell an increase in SMSes and voice traffic and are, hence, treated as 'black out' days where they charge slightly higher SMS rates, irrespective of the tariff plan subscribed.

CDMA players slam DOT report on spectrum

CDMA players slam DOT report on spectrum

Rediff.com24 Nov 2009

CDMA operators on Tuesday slammed a report of the DOT spectrum committee on airwave allocation, saying it is 'highly inclined' in favour of the GSM operators.

Mobile industry raises concerns on 'Rs 251 smartphone'

Mobile industry raises concerns on 'Rs 251 smartphone'

Rediff.com17 Feb 2016

Noida-based Ringing Bells is launching India's most affordable smartphone, priced at Rs 251.

How HDFC merger can create trouble for large-cap funds

How HDFC merger can create trouble for large-cap funds

Rediff.com22 Jun 2023

The impending merger between Housing Development Finance Corporation (HDFC) with HDFC Bank may create challenges for large-cap fund managers, most of whom are already grappling to match the returns generated by their benchmarks. The combined weight following the merger in the benchmark Sensex and Nifty 50 indices is likely to be much higher than permissible limits for active mutual fund (MF) schemes. This could have a bearing on the performance of large-cap funds if HDFC Bank shares outperform the markets, as the schemes will be forced to remain underweight on the stock to adhere to the single-stock cap.

Raja, telcos meeting to focus on industry issues

Raja, telcos meeting to focus on industry issues

Rediff.com2 Nov 2009

A telcom operator said since there is a CBI investigation over alleged irregularties in the license and spectrum allotment going on, the minister may try to win over the industry by asking them not to be perturbed over the development and focus on operations and customers.

Multiple SIMs weigh heavy on operators

Multiple SIMs weigh heavy on operators

Rediff.com26 Aug 2009

For example, Idea Cellular posted a 0.7 per cent decline in the average minutes of use per subscriber in the first quarter of the current financial year, partly because of the increasing use of multiple SIM cards. So, too, with Vodafone-Essar. The company admits a fall in usage per subscriber, as an increasing number utilised SIMs of more than one operator, particularly in the new circles.

M&A guidelines unlikely to cheer telecom companies

M&A guidelines unlikely to cheer telecom companies

Rediff.com10 Oct 2013

While the draft M&A policy for the telecom sector has been revised a few times over the past few months, DoT has not made any major changes to guidelines.

CEO meet on telcom sector

CEO meet on telcom sector

Rediff.com24 Nov 2004

Voice and Data, a flagship magazine of the Cybermedia Group, will organise a 'CEO Conclave' on the Indian telecom industry in leading metros, starting off with Mumbai on November 26.

Afwaah Review: Thrilling Take On Rumour Mongering

Afwaah Review: Thrilling Take On Rumour Mongering

Rediff.com5 May 2023

Afwaah is a sum of Sudhir Mishra's thought-provoking reflections and appeal to question what's real, what's rumour, notes Sukanya Verma.

No industrial house can sway govt policy: Shourie

No industrial house can sway govt policy: Shourie

Rediff.com25 Apr 2003

''No lobbyists will be able to influence us. If that happens, you can censure me for dereliction,'' he said.

Electronics manufacturing gets a reality check; only $225 bn value by FY26

Electronics manufacturing gets a reality check; only $225 bn value by FY26

Rediff.com4 May 2023

The government's ambitious vision document that aims at achieving electronics manufacturing with a value of $300 billion by FY26 (including exports of $105-130 billion) could end up far lower than the target, according to a reality check this month. The reality check came from the Indian Cellular and Electronics Association (ICEA), which partnered with the government in preparing the document. The members of the ICEA are mobile and electronics companies, and its assessment, based on current trends, indicates that the total electronics production in FY26 will be around $225 billion.

Manufacturing sector companies outperform on the bourses in 2022

Manufacturing sector companies outperform on the bourses in 2022

Rediff.com27 Dec 2022

Manufacturing companies have been outperformers on the bourses in the current year, leading to a rise in their weighting in the benchmark index. Companies in sectors such as FMCG, automobile, pharmaceuticals, metals, cement, and agrochemicals now account for 25.43 per cent of the Nifty 50 index, up 88 basis points from 24.55 per cent at the end of December last year and a record low of 23.1 per cent at the end of CY20. The manufacturing sector is now dominated by FMCG majors such as Hindustan Unilever, ITC, Asian Paints, Nestle, and Britannia, accounting for 45 per cent of the combined market cap of all manufacturing companies in the index.

Google searches 3G prospects in India

Google searches 3G prospects in India

Rediff.com27 Oct 2009

Google, the world's largest search engine and one of the biggest internet brands, is understood to be eyeing opportunities in the third generation of mobile telephony, or 3G, in India.