Search Results for: telecom operators

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

Race to 5G: China wins, huge credits to this controversial company

China is already on the path to boast the world's largest 5G network, beating South Korea and the United States.

Nov 2, 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

Air India Airbus A320 passenger aircraft.

Air India divestment: Will India allow 100% foreign ownership to attract buyers?

DPIIT and the aviation ministry exploring options including easing of FDI norms to attract bidders for Air India after last attempt's failure

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

Govt plans to merge loss-making state telecoms firms BSNL and MTNL; here's why

The two carriers have struggled to win customers at a time Reliance Industries' telecoms' upstart Jio and rival Bharti Airtel and Vodafone Idea have rolled out 4G services and cut prices on voice and data.

Oct 23, 2019

In a first, IRCTC to compensate Tejas express passengers for delay

Around 451 passengers had boarded the train from Lucknow and 500 from New Delhi.

Oct 20, 2019

Huawei in early talks with US firms to license 5G platform: Huawei executive

Vincent Pang, senior vice president and board director at the company said some firms had expressed interest in both a long-term deal or a one-off transfer.

Oct 20, 2019

Amid sluggish growth in core business, Ola introduces self-drive car rentals in Bengaluru

Ola's entry into the self-driving business with its deep pocket may disrupt the market which is largely dominated by three players including Zoomcar, Drivezy, and Revv.

Oct 18, 2019

Reliance Industries becomes first Indian firm to hit Rs 9 lakh cr market cap ahead of Q2 results

The surge in market capitalisation and share prices comes ahead of the company's second-quarter results to be announced later in the day.

Oct 18, 2019

Will likely spectrum price cut help telcos avoid plight of aviation sector?

Telcos have been urging the government to cut 5G spectrum base price ahead of the proposed auction; the sector has been facing financial stress caused by high operating costs and low profitability amid intense competition.

Oct 15, 2019

Good news for BSNL employees, cash-strapped telecom firm to give salaries before Diwali

The Finance Ministry and the PMO are in favour of Rs 50,000 crore capital infusion for the revival of the BSNL and MTNL, the state-run telcos.