From Sebi easing capital raising norms, FPIs from China still behind other nations to Radhakrishna Damani looking to takeover India Cements, here are the top news on Thursday morning
The Telecom Regulatory Authority of India (Trai) source said the regulator may soon come out with a consultation paper dealing with bill shocks in international mobile roaming
The recovery seen in the markets from their March 2020 lows has been quite sharp, with the S&P BSE Sensex and the Nifty50 indices gaining 27.61 per cent and 27.18 per cent, respectively since then
Experts tracking the space are of the opinion that the investment reposes global investors' confidence in India's telecom and broadband space
Regarding the company's growth in the retail segment, it said that the "greatest growth opportunity" lies in the organised retail segment.
A three-judge bench headed by Justice Arun Mishra said the telecom service providers would have to pay now fines and penalties on the fees not paid
The recent tariff increases by telecom operators will improve their earnings, enabling them to invest in better network infrastructure and step up service quality
The move came after Trai received a significant number of complaints from individual consumers on lack of transparency in disclosure of tariff information
The Supreme Court order for including non-core revenue in telecom groups' gross adjusted revenue -- the figure on which the levies are charged -- revived the rivalry between Ambani and Bharti Mittal
No new policy but major policy decisions at the highest level are necessary to save the telecom sector
Vodafone Idea yesterday reported a massive net loss of Rs 50,922 crore for the July-September quarter, the highest-ever quarterly loss by an Indian company
Read has retracted his criticism, but he was pointing out the obvious - the current pricing regime is unsustainable
The central government has objected to the reported comments of Nick Read, chief executive of Vodafone, that the India unit of the telecom major was headed for liquidation due to, among other factors, the Supreme Court decision requiring payment of Rs 28,300 crore as spectrum dues.According to media reports, Union telecom and communications minister Ravi Shankar Prasad spoke to Vodafone Idea chairman Kumar Mangalam Birla to express displeasure. Vodafone Plc, the parent entity, says its chief's comments were taken "out of context", presenting an incorrect picture. Vodafone Plc owns 44.3 per cent stake in Vodafone Idea; the Aditya Birla Group holds 26.5 per cent.According to the transcript of Read's utterances, he'd told analysts that due to the Supreme Court's ruling on the correct way to determine telecom company dues from their Adjusted Gross Revenue (AGR), on top of the financial stress already present, the situation of the telecom sector in India and at Vodafone Idea was a ...
Vodafone entered the market in 2007 via a multibillion-pound acquisition
Govt needs to decide what it wants to do with the sector
In one signing of easing competition, Reliance Jio Infocomm Ltd. earlier this month said it was imposing a charge on voice calls that were formerly free
Vice-Chairman Rakesh Bharti Mittal said litigation in the sector was also adding to its woes
The consultation paper analyses changes affecting mobile phones, fixed lines
Bharti's rights issue and Jio demerger indicate that pricing improvement in the market is still some time away.
According to telecom regulator Trai's latest data, gross revenue (GR) and adjusted gross revenue (AGR) of the telecom service providers have been on the decline, barring few exceptions