The national stock market closed about 1 percent higher on Tuesday, led by gains in financial and consumer goods stocks. Also, hopes for higher inflows after Morgan Stanley Capital Investment (MSCI) said it will implement the new regime on foreign ownership limits (FOL) on MSCI global indices containing Indian stocks …
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Mumbai: As the country continues to unlock in phases, the telecom subscriber base showed positive growth in July after five months of continuous decline, according to data provided by the Telecommunications Regulatory Authority of India (Trai). The number of telephone subscribers in India went from 1,160.52 million at the end …
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Mumbai: Mukesh Ambani, President of Reliance Industries, said that it took India’s telecom sector 25 years to build its 2G network and that Reliance Jio has managed to build 4G in three years. Emphasizing Jio’s role in propelling India from 155 positions to being the world’s top mobile data consumer …
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NEW DELHI: Vodafone Group Plc lenders have approved the merger of Indus Towers Ltd and Bharti Infratel Ltd, the UK-based company said in a statement on Monday. The agreement to continue the deal is conditional on consent to a security package for the merged entity of Vodafone’s existing lenders, the …
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Kolkata: Bharti Airtel added up to 3.7 million active mobile users in June, snatching the top spot in this score from Reliance Jio Infocomm, which lost 2.1 million active subscribers. The struggling telco Vodafone Idea (Vi), though it suffered the most on this score, lost 3.7 million active customers, Motilal …
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By Prasoon Srivastava New Delhi: Telecom operators, including Bharti Airtel and Vodafone Idea, which have outstanding adjusted gross revenue installments, will be required to pay 10 percent of total liabilities by March 31, regardless of any partial payments they have made, according to sources. governmental. Operating telecom operators are expected …
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The Ministry of Telecommunications has proposed network security audits by external agencies for all telecom operators, and informed Rajya Sabha on the status of the deployment of the telecommunications network infrastructure in India. According to information from the ministry, BSNL, the state-backed telecom operator, has significant network equipment that comes …
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NEW DELHI: Supreme Court decision to allow telcos to pay outstanding fees for 10 years will not be enough to help Vodafone Idea to stabilize their position, while Jio and Airtel they are expected to strengthen their market shares through subscriber gains, Fitch Ratings has said. In addition, he said …
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Bharti Airtel has upgraded its Xstream Fiber broadband service with new plans starting as low as Rs. 499 per month and all offer “unlimited” high-speed Internet access. The telecommunications company has also announced an Airtel Xstream package under which it will provide the Xstream Android 4K TV Box with all …
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SoftBank Group Corp. is exploring the possibility of assembling a pool of bidders for TikTok’s assets in India and has been actively seeking local partners, according to people familiar with the matter. Over the past month, the Japanese conglomerate, which owns a stake in TikTok’s Chinese parent ByteDance Ltd., has …
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