Search Results for: airtel

After $13 billion levy ruling, future of India's tattered telecom sector hinges on government aid

Vodafone Idea Ltd, India's biggest carrier by user numbers, is widely regarded as most on the ropes, with parent Vodafone Group calling the situation "critical" after the unit was saddled with about $3.9 billion in fresh payments due.

Nov 28, 2019

Sensex surpasses 41,000 mark for first time, Nifty above 12,100

Shares of Mukesh Ambani's Reliance Industries Limited touched a record high as the company's market capitalisation (M-cap) nears Rs 10 lakh crore.

Nov 26, 2019

Will Mukesh Ambani's move to head off Airtel bid for Anil Ambani's assets fail?

Jio and Airtel are eyeing Reliance Communications' assets that include spectrum, towers, fibre network and real estate, heating up telco wars further.

Nov 26, 2019

What growth woes? Sensex hits life-time high of 40,846, Nifty above 12,050

India is scheduled to release its Q2 GDP figures later this week which is widely expected to be below 5 per cent.

Nov 25, 2019

Government grants telcos relief by deferring spectrum payments

SC had earlier said telecom operators must pay the pending amount of nearly $13 billion to the government within three months, putting leading operators Vodafone Idea and Bharti Airtel at risk.

Nov 21, 2019

Sensex hits life-time high of 40,816, Nifty tops 12K; Reliance, PSU energy stocks gain

The NSE Nifty 50 index rose 0.6% to 12,014, while the S&P BSE Sensex gained 0.4% to 40,638.7.

Nov 20, 2019

Vodafone Idea, Airtel announce hike in call and data rates from December 1

The amount of hike in the charges have not been confirmed; it could go as high as 30-45% in the near term and more than 300% from the existing rates over the next two years.

Nov 19, 2019

idea cellular share price, idea cellular vodafone merger, aditya birla group, bharti airtel share price, reliance jio, indian telecom sector

To the brink & back: Vodafone-Idea jumps 18%

Finance Minister Nirmala Sitharaman on Friday stated that the government doesn't want any telecom company to shut operations.

Nov 19, 2019

Will Mukesh Ambani let rival Sunil Mittal's Airtel grab brother's RCom assets?

Telco wars worsen as Bharti Airtel bids for Anil Ambani's Reliance Communication's spectrum assets that Mukesh Ambani's Jio had previously tried to acquire.

Nov 13, 2019

Vodafone writes off book value of Indian operation, CEO flags liquidation risk

As per financial results released by Vodafone Group on Tuesday, the book value of Vodafone's 45 per cent stake in the joint venture, Vodafone Idea, has slumped to zero in November 2019.

Nov 13, 2019

AGR ruling: Firms with telecom licence tense fearing Rs 2.8 lakh crore DoT dues

All companies that have a telecom licence are worried as DoT has begun examining if the SC order that has roiled mobile service firms Vodafone and Airtel may be applicable to other firms.

Nov 7, 2019

Will official panel proposals help telecom sector survive blow of huge levies?

The official panel may recommend measures to give respite to telecom players Vodafone Idea and Bharti Airtel without which the two may become unviable leaving the field clear for Reliance Jio.

Nov 4, 2019

Sensex hits 40,000, Nifty above 11,800 as financials gain

In domestic markets, the Nifty PSU Bank index, which tracks the country's state-run lenders, rose 1 per cent, with shares of Central Bank of India adding over 4 per cent.

Oct 30, 2019

Telecom industry stares at another round of firing post AGR ruling

The ruling from the SC would force the industry to pay a hefty amount of Rs 1.3 lakh crore and the development has come at a critical point when the industry is looking for a turnaround.

Oct 29, 2019

Backlash over Reliance Jio's decision to charge voice calls

Will SC order on gross revenue unduly benefit Mukesh Ambani's Reliance Jio?

The SC order upholding govt's calculation of the adjusted gross revenue will mostly affect top telco Vodafone Idea and third-placed Bharti Airtel; Reliance Jio being a relatively new firm owes minuscule part of the total dues of Rs 93,000 crore.

Oct 26, 2019

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