Bharti Airtel Chairman Sunil Mittal believes India will be a major player in cutting-edge 5G technology, but wants prices to be favorable to investors. In a conversation with Commercial standardMittal spoke about the urgent need to increase mobile rates, the industry’s interest in the upcoming 4G spectrum auction, the company’s …
Read More »
Buying from financial accountants like HDFC Bank, Bajaj Finance and Bajaj Finserv helped benchmark indices settle 0.6 percent higher on Friday. The S&P BSE Sensex ended at 43,882, an increase of 282 points or 0.65%, while the NIFty of NSE ended at 12,859, an increase of 87 points or 0.68%. …
Read More »
Here is a list of the top ten stocks that may appear in the news on Friday: Dependency industries: The company led by Mukesh Ambani has so far completed partnering and fundraising for Reliance Retail Ventures Ltd (RRVL). “RRVL received a cumulative subscription of ₹47.265 crore from financial partners and …
Read More »
Extending their winning streak to the seventh consecutive session, the benchmark indices gained more than 1 percent to hit record levels for the second consecutive session on Tuesday. Investor confidence got a big boost after Pfizer said its experimental Covid-19 vaccine was more than 90 percent effective based on the …
Read More »
Bharti Airtel Ltd added more wireless clients to its network than rival Reliance Jio Infocomm Ltd in August as the economy continued to reopen, with some activities approaching pre-covid levels. However, Vodafone Idea lost 1.2 million subscribers, losing customers for the 10th month in a row, but less than the …
Read More »
The Indian stock market closed Tuesday up 1 percent, supported by favorable global signals, ahead of the outcome of the US presidential election. Analysts say that while predicting the outcome of the election is more difficult than never a victory for Democratic candidate Joe Biden will be good for emerging …
Read More »
Indian markets were unable to sustain their slight recovery in midday trading and fell half a percent, before the October series derivatives contracts expired. The S&P BSE Sensex was trading around 39,700 levels, down 220 points. The index hit an intraday low of 39,524. Meanwhile, the broader Nifty50 index hovered …
Read More »
The lack of a reliable ecosystem and the high price of the coveted 5G spectrum will deter Bharti Airtel from participating in the auctions if they take place next year. Bharti Airtel CEO Gopal Vittal said the company would stay away from 5G auctions, if they happened next year, as …
Read More »
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 …
Read More »
A healthy buying of select auto, technology and bank stocks helped benchmark indices settle in the green on Friday. The S&P BSE Sensex closed 127 points, or 0.31 percent higher at 40,686 levels, while the NSE Nifty closed at 11,930, 34 points higher, or 0.28 percent. The volatility index, India …
Read More »