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Moody’s Jio tone cautious

Jun 24, 2014 at 12:02 | Source: Calcutta Telegraph News

Mumbai, June 23: Global credit rating agency Moody’s expects Reliance Industries to invest up to Rs 30,000 crore over the next two years in its telecom business but warned funders that any exposure would be credit negative. Reliance is set to ...

Airtel 4G on mobile

Jun 18, 2014 at 13:17 | Source: Calcutta Telegraph News

Calcutta, June 17: Bharti Airtel has rolled out its 4G services on mobile in the city. In 2012, chairman Sunil Bharti Mittal had unveiled the fourth-generation services here that could be accessed through dongles. However, this did not permit custom...

Where are the fund managers investing?

Jun 16, 2014 at 12:26 | Source: Economic Times

Fund managers have made adjustments to their portfolio to reflect the post-election scenario — a stable government that is perceived to be pro-growth. The experts' picks can help individual investors build their portfolio as well. So, what are they...

Micromax names Bharti Airtel's ex-CEO Sanjay Kapoor as chairman of board

Jun 06, 2014 at 14:07 | Source: Economic Times

NEW DELHI: Micromax on Thursday named former Bharti Airtel India CEO Sanjay Kapoor as the chairman of board. Kapoor had quit Airtel last year. "I am confident that he (Kapoor) will be able to provide required strategic direction to take our billion ...

Sensex extends gain, up 210 pts in early trade

Jun 06, 2014 at 10:15 | Source: FirstPost

Mumbai: Extending Thursday's gains, the benchmark BSE Sensex spurted by another 210 points in early trade on sustained foreign fund inflows amidst a firming trend overseas in response to ECB measures to boost the eurozone economy.The 30-share Sensex ...

Analysts prefer cyclicals over defensives; top twenty-four bets

Jun 05, 2014 at 05:47 | Source: Economic Times

NEW DELHI: Cyclicals or economy-related stocks have come back on investors' radar in 2014, and analysts at top brokerage firms are of the view that these stocks are likely to lead the next leg of rally as growth picks up in Asia's third largest econo...

Samsung India mobile chief Vineet Taneja joins Micromax as CEO

May 26, 2014 at 04:37 | Source: Economic Times

NEW DELHI: Stepping up the battle in the Indian mobile handset market, homegrown firm Micromax has roped in Samsung India's mobile and IT business chief Vineet Taneja as its new Chief Executive Officer. Micromax, the country's second largest smartpho...

India Inc invested USD 5.58 billion in overseas markets in April

May 19, 2014 at 19:41 | Source: Economic Times

MUMBAI: Overseas direct investment by Indian companies stood at USD 5.58 billion in April 2014, much lower than in the year-ago period. The FDI by companies was USD 15.24 billion in April, 2013, the data of the Reserve Bank of India showed today. The...

ZTE Corp fears its chances of payback from Loop Mobile are low

May 17, 2014 at 05:22 | Source: Economic Times

MUMBAI/NEW DELHI: ZTE Corp fears the subscriber-linked formula that Bharti Airtel will use to pay Loop Mobile would significantly reduce the final sale amount, thus not leaving enough in the hands of the Khaitan-owned telco to be able to pay what it ...

India key in IBM revival, says CEO Virginia M Rometty to staff

May 17, 2014 at 05:22 | Source: Economic Times

BANGALORE: Virginia Marie "Ginni" Rometty, IBM's chief executive officer, conveyed a message of tough love to employees in India during a low profile visit to Bangalore last week. Rometty, 56, who is trying to win over Wall Street's sceptical investo...

Airtel mobile TV app to provide free access to news channels

May 17, 2014 at 05:22 | Source: Economic Times

NEW DELHI: Telecom major Airtel announced to provide access all available news channels for free through its mobile phone application Pocket TV. " Airtel digital TV, the DTH service arm of the leading telecom operator Bharti Airtel will offer TV view...

Lok Sabha elections 2014: Sensex falls over 1000 points from day s high; BJP leads in 279 seats

May 16, 2014 at 14:26 | Source: Economic Times

MUMBAI: It seems to be traders are selling on news in the Indian markets. Even as the BJP emerges as the single largest party and is likely to win over 272 points on own, the market has given up most of its intraday gains. As per the latest trend, N...

A Matter of Seconds

May 13, 2014 at 14:56 | Source: Business Today

We wanted to make a disruptive intervention in the market. There was nothing that sounded as disruptive (as the per-second plan): Gurinder Singh Sandhu, Chief Marketing Officer, Tata Teleservices Photo: Vivan Mehra/ On a cold...

Bharti Airtel to raise funds via overseas debt

May 13, 2014 at 12:47 | Source: Economic Times

NEW DELHI: In line with its strategy to reduce financing costs, the country's largest telecom operator Bharti Airtel on Monday notified the Bombay stock exchange that it was floating seven year tenure bonds in Euros and 10 year bonds in USD dollars ....

Department of Telecommunications mulls using 800 MHz as EGSM

May 12, 2014 at 04:52 | Source: Economic Times

KOLKATA: The telecom department will soon examine the sector regulator's proposal of using airwaves in the 800 MHz, or CDMA band, as an extended GSM band and clubbing it along with 900 MHz, a step that could heighten tensions between operators using ...

DoT plans to contest order

May 11, 2014 at 03:37 | Source: Calcutta Telegraph News

New Delhi, May 10: The department of telecom is considering moving the Supreme Court to try and reverse the TDSAT order allowing 3G roaming pacts between telecom firms. The order has encouraged telecom firms to revive such partnerships. Top official...

Airtel Q4-FY14 Concall: On Telco consolidation; 3G vs 4G & others

May 11, 2014 at 02:00 | Source: Money Rediff News Report

Bharti Airtel had reported India mobile data revenues of Rs 1,325 crore for the quarter ended March 31, 2014, up 89.2% YoY.This accounted for 11.1% of Airtel's total mobile revenues for the quarter which was at Rs 12,083.5 crore, up 11.6% YoY...

Sensex hits 23,000: About 95% stocks fail to cash in on bull run

May 10, 2014 at 11:56 | Source: Economic Times

KOLKATA: Is it a bull run or a mere index management? Well, the bull phase in the capital market is not as broad-based as it was in 2008 and has not percolated to 95% of the scrips, including a majority of the nifty blue chips. It has been confined ...

Supreme Court issues notices to government, Reliance Jio on offering 4G voice services

May 10, 2014 at 04:26 | Source: Economic Times

NEW DELHI: The Supreme Court has issued notices to the government, the telecom sector regulator, and Reliance Jio Infocomm on a petition challenging a decision to allow the Mukesh Ambani-owned company to offer voice services over the broadband spectr...

Airtel introduces new pricing strategy to drive data uptake

May 09, 2014 at 10:26 | Source: Economic Times

NEW DELHI: Bharti Airtel plans to cut billing charges starting Thursday midnight of its postpaid customers after they exhaust their 3G and 2G data limits, a move that will increase stickiness with existing subscribers and push more prepaid subscriber...

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