Bharti Airtel’s biggest investor SingTel has raised some concerns on the proposed talks with Tata Group to buy its telecom assets
Moreover, the RJio's extended free services for prime members till June, may also continue to keep the performance of telecom companies muted for the first quarter (April-June) of the current fiscal, according to ICICI Securities' latest earnings preview of the sector.
As the government gears up to kick-start spectrum auctions on February 3, telcos like Reliance-Jio, Bharti Airtel, Vodafone, Idea Cellular, Aircel and Tata Tele have lined up to bid for airwaves. Malvika Jain takes us through all the action.
In sectoral performance, capital goods, auto, banks, power, oil & gas, and metal shares were the big laggards, with the respective indices down 2-4.5 percent. In key developments, Cooper Tire called off its deal with Apollo Tyres, triggering a brief rally in shares of Apollo Tires.
Wockhardt | Cairn India | IOC | Bosch | TTK Prestige | MCX | Wipro | HCL Technologies | Financial Technologies | Jet Airways | Tech Mahindra | Jaiprakash Power | JSW Steel and JSW Energy are stocks, which are in the news today.
GMR | Motilal Oswal | National Fertilisers | Corporation Bank | Videocon Industries | Indraprastha Gas and Jet Airways are stocks, which are in the news today.
Dhanlaxmi Bank | PTC India Financial | ENIL | ING Vysya Bank | ABB | Jindal Poly | Redington | Jaypee Infratech | Hero MotoCorp | Infosys | Jet Airways and Dr Reddys Labs are stocks, which are in the news today.
Den Networks | Tata Tele | Infosys | Parshwanath Corporation | Godrej Properties | Jolly Boards | SMS Pharma | Fairfield Atlas | AstraZeneca | Kingfisher and Coal India are stocks, which are in the news today.
Senior Supreme Court counsel Harish Salve explains to CNBC-TV18 that it is the end of the judicial road for Videocon and that the court is set to hear the criminal cases on February 25 or 25
The Supreme Court today allowed all quashed telecom licencees to continue operations until February 4. This is good news for companies like Sistema, Tata Tele, and Idea in some circles, reports CNBC-TV18‘s Malvika Jain.
Ashok Sud, secretary general, Auspi, says if Tata Teleservices opts out of the acution then it will reinforce AUSPI‘s contention that the reserve prices set by the DoT were very high.
Romal Shetty, head, telecom, KPMG, said that the dismissal of the review petitions by the Supreme Court did not mean that the telecom companies would be greatly impacted and added that an extension of the auction
The economy is waiting with bated breath for the Supreme Court’s (SC) verdict on the review of its now famous 2G case where it cancelled licenses of a bunch of telecom operators on the ground that they were not procured through proper means. CNBC-TV18's Malvika Jain reports.
Venugopal Dhoot of Videocon has confirmed to CNBC TV18 that they will be filing a review petition in the Supreme Court by tomorrow. It is learnt that Harish Salve will be taking up the case.
A crucial issue that is at the heart of the upcoming 2G spectrum auction is the pricing of the spectrum. Trai is set to determine that within the next few days. Going by the initial reactions, it is clear that the base price for the auction may well be set higher than what the industry has called for.
JSW Steel | Hindustan Motor | GVK Power | Tata Tele | BHEL | L&T | Carborundum Universal and Bombay Dyeing | Ester Industries | Indian Hotels | Uflex | Samtel and Emco are stocks, which are in the news today.
Earlier, on February 15, COAI and the operators had requested the bench of Justices GS Singhvi and AK Ganguly to hear their case challenging the Dual Technology Spectrum allocation policy of the government by transferring their plea from another bench
Unitech | Tata Tele | M&M | GMR Infra | Opto Circuits | Andhra Bank | Advanta | Ashapura Minechem | M&M Fin and Archies are stocks, which are in the news today.