Business & Economics
Bharti Airtel
Business & Economics
Business & Economics
TRAI FORCES RELIANCE JIO TO WITHDRAW SUMMER SURPRISE OFFER
NEW DELHI (TIP): Reliance Jio on April 6 decided to withdraw its ‘Jio Summer Surprise’ offer after the Telecom Regulatory Authority of India (TRAI) advised the Mukesh Ambani-led firm to withdraw the three-month ‘complimentary’ offer. […]
Business & Economics
Jio crosses 50 million subscriber mark in 83 days
New Delhi, Nov 28 (TIP) Mukesh Ambani-promoted Reliance Jio has crossed the 50 million subscriber mark in less than three months after its full-fledged 4G services launch to emerge as the largest broadband operator in […]
Business & Economics
60% spectrum unsold, govt mops up 66k cr in auction
NEW DELHI (TIP): The government’s ambitious spectrum auctions fell short of expectations, fetching the exchequer Rs 65,789 crore as it could sell only around 40% of the record 2,353MHz airwaves that had been put up […]
Business & Economics
Business & Economics
SINGTEL CONSOLIDATES HOLDING IN BHARTI AIRTEL AHEAD OF SPECTRUM AUCTIONS
NEW DELHI (TIP): Singapore Telecommunications (Singtel), the largest shareholder in Bharti Airtel, is consolidating its equity in the country’s top mobile operator by buying out Singapore’s sovereign wealth fund Temasek’s holding for $659.5 million (over Rs […]
Business & Economics
KOTAK MAHINDRA BANK BUYS 19.9% STAKE IN AIRTEL M COMMERCE SERVICES
NEW DELHI (TIP): Kotak Mahindra Bank on Tuesday said that it has bought 19.90% stake in Airtel M Commerce Services Ltd (AMSL) for Rs.98.38 crore to set up a payments bank. AMSL was one of […]
Business & Economics
Business & Economics
Idea eyes $1.2bn deal to sell towers
MUMBAI (TIP): Idea Cellular, part of the Aditya Birla Group, is working on a Rs 7,580-crore ($1.2 billion) deal to sell its independent towers, drawing the interests of Malaysia’s Axiata, Bharti Infratel and American Tower […]
Business & Economics
SC REJECTS TELCOS’ PLEA FOR EXTENSION OF 2G LICENCES
NEW DELHI (TIP): The Supreme Court on May 14 turned down pleas by various telecom companies, including Bharti Airtel, Vodafone, Idea Cellular and Reliance Telecom, for extension of their 2G spectrum licences, which expired in […]
Featured
A mixed Blessing for India
Lower petroleum prices hold obvious advantages for Indian consumers, but a bearish global oil market could also hurt several segments of the country’s economy The Oil Ministers of 12 member states of Organization of the […]
Business & Economics
TATA GROUP IS INDIA’S MOST VALUABLE BRAND: STUDY
NEW DELHI (TIP): The Tata group has retained its place as the country’s most valuable brand at $21 billion, while the total worth of top-100 Indian brands now stands at $92.6 billion, says a new […]
Business & Economics
Bharti Airtel slumps on Credit Suisse downgrade
NEW DELHI (TIP): Shares of Bharti Airtel slump 3.5% after Credit Suisse downgrades the stock to “underperform” from “neutral” and reduces the target price to Rs 265 from Rs 275, citing competition from rival Rel […]
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Business & Economics
Business & Economics
Business & Economics
Business & Economics
BHARTI AIRTEL Q2 NET PROFIT DROPS 29% TO RS. 512 CRORE
NEW DELHI (TIP): Telecom major Bharti Airtel on October 30 reported a 29 per cent decline in consolidated net profit at Rs. 512 crore for the quarter ended September 30, 2013, mainly on account of […]
Business & Economics
Telcos’ future positive, but near-term pressure on margin to stay
NEW DELHI (TIP): The latest quarterly performance of the three publicly-listed telecom companies — Bharti Airtel, Idea Cellular and Reliance Communications (RCOM) — shows early signs of a pick up in data-driven revenue, helped by […]
Business & Economics
International calls set to become cheaper on new TRAI rule
New Delhi (TIP): International long distance call charges are set to come down with the telecom regulator introducing a new measure that will intensify competition in this segment. TRAI has allowed telephone users of one […]
Business & Economics
Tech Mahindra sets up three 4G labs
MUMBAI (TIP): Tech Mahindra has set up three laboratories for Long Term Evolution technology, one in Delhi and one each in Pune and Bangalore. The software services provider, in which vehicle manufacturer Mahindra & Mahindra […]