Chidambaram slams Centre over state of economy, says telecom and aviation sectors on 'verge of collapse'
The former finance minister's remark comes a day after telecom company Bharti Airtel posted a net loss of Rs 15,933 cr in the first quarter of FY 2020-21
Airtel partners Verizon to bring BlueJeans video conferencing app to India, will rival JioMeet, Zoom
Airtel BlueJeans will be free for the first three months, after which a 'very competitive' price will be charged.
Bharti Airtel's video conferencing service is expected to be available on mobile and desktop.
Shares hold on gains for fifth straight session; Kotak Mahindra Bank shares offset impact of Moody's ratings cut
Kotak Mahindra Bank was the top gainer in the Sensex pack, rising around 7 percent, followed by M&M, Sun Pharma, Hero MotoCorp, Bajaj Finance, Tata Steel, Bharti Airtel and HCL Tech.
Seven of top 10 most valued companies add Rs 1.76 lakh cr in m-cap; HDFC Bank emerges biggest gainer
HDFC rallied Rs 24,733.64 crore to Rs 2,87,407.32 crore.
Sensex jumped 224 points on Friday, driven by gains in HDFC, ITC and HUL despite weak cues from global markets.
A potential investment by Google into cash-strapped Vodafone Idea (VIL), if materialises, will be a strategic positive for the Indian telecom operator, but a five percent stake would be still be inadequate to solve the telcos' debt problems, analysts said on Friday
Vodafone Idea shares surge nearly 35% on reports Google looking to make investment in embattled telco
At 10:52 AM, Vodafone Idea was at Rs 7.56 per share, up 29.9 percent.
Bharti Telecom sells 2.75% stake in Airtel for Rs 8,433 cr in secondary market; more of debt relief exercise, feel analysts
Promoter firm Bharti Telecom has sold 2.75 percent stake in Airtel to institutional investors in the secondary market, raising over Rs 8,433 crore, the company said on Tuesday
Bharti Airtel promoter firm to raise $1 bn through equity to become debt-free; may sell nearly 15 cr shares: Report
Bharti Telecom holds around 41 percent stake in Bharti Airtel, while foreign promoter entities own 21.46 percent stake in the telecom firm. Public shareholders have around 37 percent stake in the company.
Four of top 10 companies add Rs 1.12 lakh cr in market cap last week; Tata Consultancy Services tops the chart
The market valuation of Tata Consultancy Services zoomed Rs 47,148.71 crore to Rs 7,57,587.71 crore, the biggest rise among the top-10 firms.
Markets close on buoyant note: Sensex rises over 167 points, Nifty at 8,879; Bharti Airtel, ONGC among top gainers
Sensex rose over 167 points on Tuesday led by gains in Bharti Airtel, HDFC and ITC amid positive cues from other Asian markets
Bharti Airtel shares jump 10%, hit 1-year high despite company posting Rs 5,237-cr loss in March quarter
Shares of Bharti Airtel on Tuesday zoomed 10 percent after the company reported consolidated revenue of Rs 23,722.7 crore during the reported quarter on broad-based strength, with all segments registering healthy underlying growth
Sensex jumps over 400 points to 30,451, Nifty at 8,914-mark in opening session; Bharti Airtel, Kotak Bank shares up
Sensex surged over 400 points in opening session led by gains in HDFC twins, Bharti Airtel and Kotak Bank amid positive cues from global markets.
Bharti Airtel Q4 Results 2020: Telco slips into red, posts Rs 5,237 cr loss on one-time spectrum charges
Bharti Airtel said it undertook a capex investment of Rs 25,359 crore during the year to ensure strong customer experience besides front-ending some investment to ensure seamless services during the pandemic.
Markets end on flat note: Sensex erases early gains after a choppy session, Nifty slips; M&M top loser
Sensex ended marginally lower after a choppy session on Friday as investors weighed the fiscal impact of the government''s economic stimulus.
"The telecom industry has unutilized GST input tax credit over Rs 35,000 crore for which the sector has repeatedly demanded a refund," COAI Director General Rajan S Mathews said in a statement.
Sensex zooms over 1,400 points, Nifty above 9,400-mark in opening session; Rs 20 lakh cr economic booster cheers markets
The Sensex rallied over 1,400 points in opening session on Wednesda
Reliance Jio's new pre-paid plans: Offers work-from-home top-ups, annual plans with cheaper, additional data
Reliance Jio has brought three new "work-from-home" top-up plans that are available at the denominations of Rs 151 (30 GB), Rs 201 (40 GB) and Rs 251 (50 GB), which supplement usage once the daily limit is exhausted, as per the company's website.
GAIL said it had refuted the provisional assessment orders of DoT and sought its withdrawal.