Photo: Kamlesh Pednekar Indian markets were trading more than half a percent higher in Wednesday’s volatile session, driven mainly by consumer goods and pharmaceuticals stocks. Among the major indices, the S&P BSE Sensex was trading around 38,210 levels, up 210 points, and the Nifty50 index was testing the 11,300 mark. …
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The trend among the Nifty sector indices was largely negative, led by the Nifty PSU Bank index, which was down more than 2%. The benchmark indices ended Tuesday’s volatile session on a flat note with a negative bias. The S&P BSE Sensex ended at 37,973 levels, down 8 points or …
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The Permanent Court of Arbitration in The Hague ruled that the conduct of India’s Income Tax Department violates ‘fair and equitable’ treatment TopicsVodafone idea | Arbitration BS Web Team | New Delhi Last Updated on September 25, 2020 4:22 PM IST The UK’s Vodafone Group Plc won an international arbitration …
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The telecommunications price war in India is back, and this time the battle is fought with gifts. After announcing the first rate hike in three years in 2019, telecoms operators are offering incentives like Netflix service subscriptions to Amazon Prime to win over customers in a market hungry for content. …
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Stockbrokers react to BSE Sensex share prices (Photo: Kamlesh Pednekar) Indian markets were weak on the expiration day of the September derivatives series, falling more than one percent, due to subdued global signals. The S&P BSE Sensex fell 610 points to 37,020 levels and the Nifty50 index fell below the …
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Shares of telecom service providers, primarily Bharti Airtel and Vodafone Idea (VIL), fell 6 percent on the BSE on Wednesday after rival Reliance Jio (RJio) announced a range of postpaid plans, including many first, like the mobile in flight. Connectivity Bharti Airtel was down 7 percent to Rs 437, while …
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Bharti Airtel Ltd and Vodafone Idea Ltd lost 5-6% in trading on Wednesday after Reliance Jio Infocomm Ltd announced new rate plans for postpaid customers. Shares of Jio’s parent, Reliance Industries Ltd (RIL), rose 1.6%. RIL separately announced a new investment in its Reliance Retail Ventures Ltd. unit. Jio is …
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Indian stock markets rose half a percent on Wednesday, driven primarily by gains in information technology (IT) and auto stocks. The S&P BSE Sensex rose 250 points to 37,960 levels and the Nity50 index hovered around the 11,250 mark. Reliance Industries gained 2 percent after the company announced that KKR …
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NEW DELHI: Vodafone Idea, now rebranded Vi, said it plans to increase the share of high-ARPU subscribers on its network through a “focused 4G device agenda” to be enabled through partnerships with phone manufacturers (OEM) and financiers . institutions and NBFC. The telco said strong macro growth drivers such as …
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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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