Even as Budget session highlighted measures taken to revive economy, equity market witnessed serious cuts in the afternoon trade amid high volumes. Sensex crashed 200 points to 19445.06 and Nifty fell 58 points to 5885.
Suzlon | Tata Motors | Prime Focus | Ruchi Soya | Ramky Infra | Akzo Nobel | Simplex Infra | HCL Infosystems | Videocon Industries | Gammon India | GAIL | DLF | Puravankara | Varun Shipping and Everonn Education 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
Corporate spirituality could become the new buzz word in leadership. Captains of Indian industry like KV Kamath, Kishore Biyani, and even several ministers are coming together to introduce spiritual practices into corporate operations. CNBC-TV18‘s Shreya Roy reports.
The Centre today asked the Supreme Court to consider allowing the telecom operators, whose 2G licences were cancelled last year, to continue to operate after the January 18 deadline with a condition that they "will be liable to pay" for the spectrum as per the proposed price of the upcoming auction scheduled on March 11.
The Department of Telecommunications (DoT) is mulling over options to allow Sistema, Telenor, Videocon and Tata Teleservices to continue providing services...
According to latest reports, the Telecom Regulatory Authority of India (TRAI) has asked Sistema, Telenor, Videocon and Tata Teleservices to inform their
As per figures presented by COAI, GSM operators including Bharti Airtel, Idea and Vodafone lost more than 9 million subscribers in November...
The country's telecom subscriber base fell by over 2.5 million to 935.18 million users in October compared to 937.70 million a month ago.
The government has received a net payment of Rs 1,706.92 crore from telecom companies which have won spectrum in the recently concluded auction, sources said.
Arresting the two-month fall, total subscriber base of GSM operators rose by about 240,000 to 671.91 million users in October, telecom industry body COAI said today.
Winners of recently held 2G spectrum auction will have to make payment, either in full or at least 33 per cent of the due amount, by December 1, the Department of Telecom said today.
Price and political risk could throw a spanner in India's efforts to make the most of the vast reserves in offshore Mozambique.
The second day of auction for 2G spectrum saw demand for spectrum in the Bihar telecom circle. During the seventh and eigth round of auction, Bihar circle witnessed active bidding.
Five companies including Bharti, Vodafone, Idea, Telenor and Vdeocon are bidding for 2G spectrum. After seven rounds today, the auction will continue on Wednesday, reports CNBC-TV18‘s Malvika Jain quoting sources.
Five companies including Bharti, Vodafone, Idea, Telenor and Videocon are bidding for 2G spectrum. CNBC-TV18‘s Malvika Jain reports if the government will manage to achieve its Rs 40000 cr revenue target.
The keenly watched auction of telecom spectrum today got a lukewarm response with no company bidding for pan-India radiowaves as demand concentration was on select areas such as Gujarat and Uttar Pradesh (East).
Telecom spectrum auction opened Monday to a lukewarm response with key circles such as Delhi and Mumbai finding no takers in the initial rounds.
Despite hopes that industrial slowdown may have bottomed, the September IIP number slipped to a negative 0.4%, disappointing the market that immediately slipped into the red.
The much-awaited auction for 2G spectrum that was freed following the cancellation of 122 telecom licences started at 0900 hrs today. The government expects to raise around Rs 40,000 crore through the auction.
The government will begin, on Monday, the auction for telecom spectrum through which it is hoping to meet Rs 40,000 crore revenue target.
Bharti Airtel, Idea, Vodafone, Videocon and Telenor-promoted Telewings are the five companies that will compete for the GSM spectrum in 1800 Mhz band in the auction slated to begin on November 12, according to the Department of Telecom.
With no takers for the auction of radio frequencies in the 800 mhz or CDMA band, the government faces a trying situation.
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.
There are no takers for the CDMA spectrum. After Videocon backed out on Friday, the only remaining player, Tata Teleservices, has also withdrawn from the 2G spectrum auction, reports CNBC-TV18‘s Malvika Jain quoting sources.