Govt's unlock Phase 1.0 enthuses markets: Sensex soars 879 points, Nifty jumps to 9,800-level; Bajaj Finance top gainer at around 11%
The Sensex surged driven by gains in Reliance Industries, HDFC twins and TCS as investor optimism heightened after the government began the process of unlocking the economy.
Markets close day's session on buoyant note: Sensex up 622 points, Nifty above 9,050-mark; HDFC top gainer, surges over 5%
The Sensex settled 622.44 points or 2.06 percent higher at 30,818.61, while the NSE Nifty rose 187.45 points, or 2.11 percent, to end at 9,066.55
Telecom infrastructure company Bharti Infratel on Friday said it believes that Vodafone Idea will bounce back, and the entity "will be around" despite the stress faced by the operator on account of statutory dues
Bears grip markets after two sessions of bullish show: Sensex, Nifty end on negative note; all sectoral indices close in red
Sensex, Nifty end on negative note after a volatile session on 24 April
Bharti Infratel Q4 net profit at Rs 650 cr; company extends Indus Towers merger deadline by 2 months
Telecom infrastructure firm Bharti Infratel on Thursday reported a 7 percent increase in consolidated net profit for the March quarter at Rs 650 crore
Telecom infra firms ask BSNL to immediately clear Rs 1,500 cr dues; say non-payment results in mobile service outage
Despite the relief package the losses of BSNL swelled by over 2.5 times to Rs 39,089 crore during the April-December 2019 period.
Coronavirus Outbreak: Bharti Enterprises pledges over Rs 100 crore to support India's fight against COVID-19
Bharti Enterprises has committed over Rs 100 crore to support India's fight against COVID-19, the company said in a statement on Tuesday
Bharti Infratel on Monday extended the deadline for its merger with Indus Towers by two more months to 24 April, but cautioned that final call on scheme implementation will be taken by the board based on assessment of telecom crisis and its impact
AGR dues: 'We have sought 10 years to make payment on principal with a 2-year moratarium', says Vodafone CEO
Vodafone in November wrote off the carrying value of its share in the loss-making joint venture
Vodafone Idea, Bharti Infratel shares tank in early trade after Supreme Court dismisses review plea on AGR issue
Vodafone Idea recovered to Rs 4.69 per share in the late morning trade from the early loss
Bharti Infratel, Indus Towers extend deadline for merger to 24 February next year in absence of necessary govt approvals
In October this year, Bharti Infratel had extended the deadline for merger by two months to December 24 as regulatory uncertainty loomed over the deal.
Benchmark equity indices edge up in early deals on positive global cues; state-owned banking stocks lead gains
The BSE gauge Sensex moved 103.13 points higher to trade at 40,882.72 in opening deals; while the NSE barometer Nifty added 22.50 points to 12,040.90.
The Supreme Court, last week, had upheld the government's way of computing the telecom revenue, from which dues like licence fee and spectrum usage charges are derived
The special <em>muhurat</em> trading session marks the beginning of Hindu Samvat year 2076.
Bharti Infra sets 24 December deadline for merger with Indus Towers; delay to result in lower payment to Vodafone Idea
In April 2018, Bharti Airtel, Idea Cellular and Vodafone Group had announced an agreement for the merger of Indus Towers and Bharti Infratel to create the largest mobile tower operator in the world outside China
Assembly Election Result 2019: Sensex jumps over 250 points, Nifty advances 51 points in early trade: HCL Tech up 3%
At 9:23 am, the Sensex rose 212 points to 39,271 and Nifty advanced 51 points to 11,655
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Last year, Bharti Airtel, Idea Cellular and Vodafone Group had announced an agreement for merger of Indus Towers and Bharti Infrate
The recent round of fund-raising will strengthen the balance sheet and improve cash flows of telecom company Bharti Airtel, which could raise an additional $3.5 billion by selling a majority stake in the tower firm formed through the merger of Infratel and Indus Tower, Moody's said on Friday
Bharti, Vodafone plan to reduce stakes in mobile tower joint venture; Airtel to raise Rs 22,400 cr via share sale
Post the deal, Bharti Airtel and Vodafone will jointly control the combined company, and the transaction is expected to close before the end of 2018-19, subject to statutory approvals.