NEWS ON TELECOM
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April 07, 2021, Wednesday
Sensex up 460 pts on RBI's bond yield mgt step, steady FY22 GDP growth rate
Banking and financial stocks outperformed on Wednesday with the Nifty Bank, Private Bank, and PSU Bank indices settling higher in the range of ...
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April 07, 2021, Wednesday
Bharti Airtel sells spectrum worth Rs 1,497 crore to Reliance Jio
Jio will acquire 3.75 MHz in Andhra Pradesh, 1.25 MHz in Delhi, and 2.5 MHz in Mumbai
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April 01, 2021, Thursday
Stocks to watch: Axis Bank, Airtel, Voda Idea, Sunteck Realty, auto stocks
The Reserve Bank of India has extended the term of J&K Bank Chairman and Managing Director R K Chhibber by six months
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March 31, 2021, Wednesday
AGC Networks hits new high; stock zooms 269% in six months
The company, on March 22, said it has raised Rs 225 crore through issuance of convertible warrants to promoters and promoter group of the
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March 26, 2021, Friday
Does Tata-Mistry ruling change outlook for Tata Group cos? What experts say
Tata Group companies, on Friday, rallied up to 6 per cent in intra-day trade on the BSE post the Supreme Court ruling
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March 26, 2021, Friday
Tata Group shares rally as Supreme Court rules in favour of Tata Sons
The SC ruled in favour of Tata Sons, allowing its appeals and dismissing the Pallonji Group's plea
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March 26, 2021, Friday
Analysts positive on telecom service providers despite delay in tariff hike
India Ratings believes increasing data usage and rising proportion of higher ARPU data customers in the overall subscriber mix hint that even ...
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March 25, 2021, Thursday
Telecom stocks under pressure; Airtel, Voda Idea hit over three-month lows
In the past one month, Bharti Airtel has slipped 12 per cent, while Vodafone Idea has dipped 23 per cent, as compared to 5 per cent decline in ...
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March 22, 2021, Monday
Decline in banks outweighs gains in IT, pharma stocks; Sensex slips 87 pts
IndusInd Bank, Power Grid, ICICI Bank, Tata Motors, HDFC Bank, Reliance Industries, and Axis Bank, down up to 4 per cent, were the top laggards ...
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March 20, 2021, Saturday
Vodafone Idea admits to inadvertent error in subscriber data for January
Vodafone Idea (Vi) had reported a gain of 1.7 million subscribers in January, the first positive growth in last four months. However bulk of the ...
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March 19, 2021, Friday
Airtel Africa explores listing mobile money business in four years
TPG Rise Fund to invest $200 mn in the brand
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March 18, 2021, Thursday
Voda Idea's subscriber growth surprises analysts, based on one UP region
Western UP alone accounted for over 3.7 million of the 3.8 million plus gross subscriber addition in January
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March 18, 2021, Thursday
Jio, Vodafone Idea make upfront payments for spectrum, says report
The government sold airwaves worth Rs 77,814 crore in 4G spectrum auction that ended on March 2.
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March 17, 2021, Wednesday
Vodafone Idea posts first subscriber addition in 15 months: Trai data
Vi's active user base stood at 256.3 million users, which is 89.63 per cent of its total base
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March 17, 2021, Wednesday
Stocks to watch: Vedanta, Tata Communication, SBI Card, BPCL, Magma Fincorp
Infrastructure investment trust IndiGrid said its board of investment managers has approved a proposal to raise up to Rs 5,300 crore, including ...
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March 17, 2021, Wednesday
Tata Comm OFS: Bids placed for 56 mn shares against 46 mn on the block
The government owns a 26 per cent stake in Tata Communications
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March 16, 2021, Tuesday
Govt's 16.12% share sale in Tata Comm gets 'great response' on day 1
The government's share sale of 16.12 per cent stake in Tata Communications Ltd received "great response" from institutional investors, DIPAM ...
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March 16, 2021, Tuesday
Govt sells stake in Tata Communications, OFS fully subscribed
The offer for sale will fetch the government about Rs 5,500 crore.
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March 16, 2021, Tuesday
Tata Communications tumbles 7% as OFS to divest govt stake begins
The government will sell its 10 per cent stake, with an option to sell an additional 6.12 per cent stake in Tata Communications.
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March 16, 2021, Tuesday
Stocks to watch: Tata Comm, Adani Ports, AU Small Fin, Nippon Life India
The board of IndiGrid Investment Managers will meet on Tuesday to decide on a proposal related to raising Rs 1,500 crore through a rights issue
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March 16, 2021, Tuesday
Indices end choppy day in the red; Sensex dips 31 pts; banks, metals bleed
Broader markets, meanwhile, remained better placed. The S&P BSE MidCap and SmallCap indices each ended around 0.4 per cent higher
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March 15, 2021, Monday
Tata Communications OFS opens Tuesday for institutional investors
The sale of 16.12 per cent stake could fetch the government around Rs 5,334 crore.
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March 15, 2021, Monday
Stocks to watch: MTAR Tech, SBI Card, Vodafone Idea, Titan, JSPL, NMDC
SBI Cards and Payment Services on Friday said it has received the board's nod to raise up to Rs 2,000 crore by issuing bonds
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March 13, 2021, Saturday
Vodafone Idea plans to raise $750 million via convertible debentures
Promoters to dilute stake post conversion
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March 12, 2021, Friday
BSE Smallcap index hits new high; HLE Glascoat zooms 108% in a month
In past one month, the BSE Smallcap index outperformed the market by surging 9 per cent, as compared to 4.7 per cent gain in the Midcap and 0.53 ...
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March 10, 2021, Wednesday
MTNL, HMT hit fresh 52-week highs; zoom up to 78% in two weeks
MTNL surged 17 per cent to Rs 21.25 on the back of three-fold jumped in trading volumes in Wednesday's trade
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March 10, 2021, Wednesday
Stocks to watch: Voda Idea, Godrej Properties, PFC, AU Small Fin Bank, BPCL
AU Small Fin Bank launched its QIP on March 9 and fixed the floor price at Rs 1,181.06 per share
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March 05, 2021, Friday
Vodafone Idea slips 4% amid reports of fund raising plan hitting a snag
Vi's talks with the Oak Hill consortium have not led to a binding agreement as there were unresolved issues around funding terms, a media report ...
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March 04, 2021, Thursday
Stocks to watch: Adani Ports, Ircon Int'l, Airtel, HDFC, PNB Housing Fin
Bharti Airtel has raised $750 million through allotment of 'unsecured senior fixed rate notes' to eligible investors
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March 04, 2021, Thursday
Bears return to D-Street after 3 days; Sensex tanks 598 pts, ends below 51K
The US bond yields which have become influential on stock prices, globally, spiked to 1.48 per cent
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March 03, 2021, Wednesday
Upside for Tata Communications hinges on data growth, esp newer segments
Land monetisation could be a short term trigger
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March 03, 2021, Wednesday
RIL, banks lift indices for 3rd day; Sensex gains 1,148 pts, ends above 51K
he frontline Nifty50 index made a dash for 15,300-mark in the intra-day trade, and hit a high of 15,273.
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March 03, 2021, Wednesday
Half of telecom spectrum sold goes to Reliance Jio at Rs 57,122 crore
DoT may garner Rs 20,000 crore as upfront payment in FY21
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March 02, 2021, Tuesday
Airtel acquires airwaves worth Rs 18,699 cr in latest spectrum auction
90 million additional customers to be covered through the spectrum bought in latest auction, says the telco
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March 02, 2021, Tuesday
RailTel Corporation rises for third day; stock up 85% over issue price
The scrip jumped 19 per cent over its previous close to hit an intra-day high of Rs 173.50 on the BSE
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March 02, 2021, Tuesday
Spectrum auction: Telcos place bids worth Rs 77,000 crore on Day 1
Revenue garnered from 4G auction may be much lower than reserve price set at Rs 3.92 trillion
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March 01, 2021, Monday
Analysts see limited impact of JioPhone 2021 on Bharti Airtel, Voda Idea
Those at Jefferies believe RJio's primary focus is still on gaining subscribers, which dampens expectations of tariff hikes going ahead
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March 01, 2021, Monday
RailTel rallies 17% on institutional buying, up 52% over issue price
On February 26, Goldman Sachs India Fund and Nippon India Mutual Fund collectively bought 10.7 million equity shares of RailTel worth of Rs 120 ...
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March 01, 2021, Monday
Stocks to watch: Affle India, BEML, RIL, auto stocks, RailTel, IOC, Vedanta
Vedanta Resources has raised $1.2 billion in a bond offering that saw strong investor interest
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February 26, 2021, Friday
RaiTel shares soar 28% on debut to end a tad over Rs 120 in a tepid market
The stock touched a high of Rs 128 and a low of Rs 101 on the NSE, where over Rs 1,500 crore worth of shares changed hands
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February 26, 2021, Friday
RailTel Corporation debuts at 16% premium over issue price of Rs 94
The initial public offer by RailTel was subscribed 42 times
