From telcos paying their dues to the government to Vivo-Ogilvy spat, here are the top 10 business headlines on Wednesday
Jio was the only operator to add 7.2 million active subscribers in August 2019
Around 30 per cent of the missed calls used to come from rival networks and our customers called back as it was free, he said
For Coal India, keep a stop at 192 and go short.
The stock was trading in the positive zone for the fifth straight day, hitting its highest level since March 2018.
It said there was directive from the Trai on the issue and hence the firm is left with no choice but to reduce ring time
Both Jio and Airtel have inched up their broadband market share, to 56.2 per cent and 20.5 per cent, respectively
Airtel has already announced such offers for its fibre broadband
From a single-authority mechanism for processing GST refunds to exporters coming soon to NCLT approving JSW Steel's Rs 19,700-cr bid for Bhushan Power & Steel, here are today's top business news
From a spurt in cement production and slower contraction in energy segment pulling up growth in 8 core sectors to 2.1% in July to Jet failing to find a new suitor, here is today's top business news
The Sunil Mittal company launched a set top box (STB) along with this service which has an in-built Chromecast and is being seen as a direct competitor to Reliance Jio's hybrid set top box
From govt readying a package to help boost exports and real estate to the Direct Taxes Code panel recommending abolishing of dividend distribution tax, here are the top business headlines on Wednesday
Airtel is preparing for the launch of the Mobile Money business in Nigeria
From a probe at CG Power finding fraudulent related-party transactions to the IL&FS board seeking NCLT approval to sell 7 wind assets to Orix Corp, here are the top business headlines for Wednesday
he two companies are , however, are not interested in buying spectrum held by RCom
The company said it is keeping razor-sharp focus on driving greater realisation and ARPU
Investors should watch mobile broadband subscriber addition, sale of non-core assets, and other balance sheet deleveraging plans
But the Department of Telecom is yet to take this merger on record and is likely to challenge the deal in the Supreme Court.
Airtel and Vodafone Idea had recently concluded their rights issue to pare debt. They raised Rs 25,000 crore each from their respective offers
In October 2016, Trai had recommended imposing a total penalty of Rs 3,050 crore on Airtel, Vodafone and Idea (now merged) for allegedly denying inter-connectivity to Reliance Jio