Bharti Infratel
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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 extends deadline for merger with Indus Towers by two months
•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
Fp Staff •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.
CARE downgrades rating on Vodafone Idea's loans in view of SC's AGR verdict
Sulekha_nair •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
After muhurat trading, BSE, NSE, forex markets shut for trading today for Diwali Balipratipada
Fp Staff •The special <em>muhurat</em> trading session marks the beginning of Hindu Samvat year 2076.