The Comptroller and Auditor General (CAG), in its latest report tabled in Parliament today, said its audit indicated "total understatement of adjusted gross revenue (AGR) of Rs 61,064.56 crore" by six operators.
Ashwani Gujral of ashwanigujral.com advises buying Glenmark Pharma, Bajaj Finserv and Idea Cellular.
Any change in IUC has a direct impact on mobile call rates as the charge is taken into account while setting telecom tariffs.
The telecom major said it deployed over 72,000 network base stations in 2016-17, in addition to the already functional sites of around 2.7 lakh.
A major improvement in equity value is possible in a scenario Bharti divests its controlling stake in Infratel and uses the proceeds to repay debt, says BofAML.
Sudarshan Sukhani of s2analytics.com suggests buying Mahindra and Mahindra, Infosys and HDFC and advises selling Cummins India and CESC.
Under Project Next, Airtel will revamp its stores, launch mobile handset protection schemes, allow transfer of unused mobile data to next month for postpaid users and pooling of postpaid plan within a family, Bharti Airtel MD and CEO (South Asia) Gopal Vittal told reporters here.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Ceat, Central Bank of India and Motherson Sumi and can sell HPCL and SRF.
Any dips will provide a good opportunity to enter into quality midcaps and frontlines with strong quarterly earnings.
Post interest payments of Rs 59 billion, the company’s free cash flow turned negative in FY17 from a positive free cash flow of Rs 77 billion in FY16.
Mittal, who was last year re-appointed as Chairman of the company for another five years, received salary and allowances of Rs 20.13 crore, while the performance-linked incentive stood at Rs 9 crore during FY17.
Competitive intensity could drive down industry’s revenues to Rs 2.4 lakh crore in FY18 from Rs 2.56 lakh crore in FY17.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy India Cements, Bharti Airtel and ICICI Prudential Life and can sell Indraprastha Gas.
According to Mitessh Thakkar of miteshthacker.com, one can sell Asian Paints and buy Hindustan Zinc and Vedanta.
Hemant Thukral of Aditya Birla Money feels that Bharti Airtel may tests Rs 381.
Sandeep Wagle of powermywealth.com is of the view that one can sell State Bank of India and buy Bharti Airtel.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell State Bank of India and Granules India and can buy Bharti Airtel.
"Customers simply need to dial *121# from their mobile phones and access an easy to navigate menu on their mobile screens to get their account related information in a matter of seconds. No need to wait to speak to a customer care executive or visit an Airtel retail store for basic queries," Airtel said in a statement.
Sudarshan Sukhani of s2analytics.com advises selling Amara Raja Batteries and Ajanta Pharma.
"The number of telephone subscribers in India increased from 1,194.58 million at the end of March 2017 to 1,198.89 million at the end of April 2017, thereby showing a monthly growth rate of 0.36 per cent," Trai said in its monthly subscriber report.
For minimal monthly charges, the companies are now offering their customers various services like insurance cover, damaged phone repairs, anti-virus, and cloud back-up, among others.
Last week, Bharti Airtel and Telenor India also filed a joint application before National Company Law Tribunal for approval of their merger following nod from the market regulator Sebi and stock exchanges -- BSE and NSE.
The Telecom Regulatory Authority of India (Trai) collects and computes data download speed with the help of its MySpeed application on a real-time basis. Theoretically, a user can download one Bollywood movie in about five minutes at 16 mbps speed.
Ashwani Gujral of ashwanigujral.com recommends buying Bajaj Electricals, Pidilite Industries and Bharti Airtel.
Airtel further stated that Telenor and Airtel have filed on Thursday the joint company application before the New Delhi Bench of National Company Law Tribunal (NCLT) for the approval of the proposed scheme of merger.