Business Standard brings you the top headlines this evening
Bharti Airtel announced special benefits for low-income customers on its network to help them stay connected during the ongoing pandemic
M&M said its sales volume for the quarter ended June 2021 is estimated to be lower by 15-20 per cent as compared to the year-ago period due to the second wave of the coronavirus
Revolut is making a multi-million pound investment in India over the next five years and has committed itself to the creation of 300 new jobs in the country
Telecom Department assigns frequencies to successful bidders; harmonisation of spectrum accomplished along with frequency assignments
Jio's spectrum trading pact with Airtel has enabled India's largest telco to top-up its holding in three key circles and yielded potential savings of about $400 million, according to a report
Vi Business, the enterprise arm of Vodafone Idea Ltd , has launched 'Integrated IoT Solutions' for enterprises
Anil Agarwal-led Vedanta Resources Ltd's sweetened offer to buy back 17.5 per cent share in its Indian flagship firm was subscribed 57.5 per cent, helping it raise its stake to about 65 per cent
The Reserve Bank of India has extended the term of J&K Bank Chairman and Managing Director R K Chhibber by six months
According to the DoT's calculations, Bharti Airtel owes the exchequer Rs 43,780 crore, of which the company has paid Rs 18,004 crore
Stake acquired under group captive arrangement, to source 21 MW
Telecom operator Bharti Airtel added 6.9 million active users in January, extending its market lead on this count even as Jio's active subscribers tally declined by about 3.4 million
Bharti Airtel has raised $750 million through allotment of 'unsecured senior fixed rate notes' to eligible investors
The strengthening of spectrum footprints by Bharti Airtel and Reliance Jio in the just-concluded auctions is expected to yield market share gains for the two telcos
After being relegated to the second spot in the previous two fiscal years, China again became India's biggest trading partner in the first nine months of FY21. Read top stories with Business Standard
In the broader markets, the Nifty MidCap 100 and SmallCap 100 indices settled with gains of about 1 per cent on the NSE
Airtel is also looking to collaborate with Qualcomm for 5G Fixed Wireless Access (FWA) to deliver broadband connectivity at Gigabit speeds to homes and businesses
Sectorally, the Nifty PSU Bank index jumped another 5.6 per cent today, while the Nifty CPSE and Energy indices settled up to 4 per cent higher
The Nifty Bank index stole the show and hit a new peak of 37,309 levels, up 1,200 points in the intra-day trade. The index closed 1,197 points, or 3.3 per cent, higher at 37,306 levels
Reliance Industries, Infosys, Bharti Airtel, Power Grid and Tata Consultancy Services are some of the stocks mutual funds cashed out of last month