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Six of top-10 most valued firms add over ₹1.13 lakh crore
PTI
PUBLISHED ON JAN 17, 2021 10:59 AM IST
Reliance Industries Ltd (RIL), Tata Consultancy Services (TCS), HDFC Bank, Infosys, ICICI Bank and Bharti Airtel were the gainers.
Sensex, Nifty climb new peaks in opening trade
By Press Trust of India | Posted by Shivani Kumar | Mumbai, Maharashtra
UPDATED ON DEC 16, 2020 10:23 AM IST
The BSE gauge Sensex surged 288.55 points or 0.62 per cent to trade at 46,551.72; while the NSE barometer Nifty climbed 82.70 points or 0.61 per cent to 13,650.55 in early deals – record highs for both benchmarks.
Shares fall as investors book profits after sharp rally
By Reuters | Posted by Shivani Kumar | Bengaluru
UPDATED ON DEC 15, 2020 11:43 AM IST
By 0502 GMT, the blue-chip NSE Nifty 50 index fell 0.61% to 13,476 and the benchmark S&P BSE Sensex slid 0.66% to 45,945.68.
Market capitalisation of eight of top 10 most valuable firms zoom Rs 1.53 lakh crore
By Press Trust of India | Posted by Nilavro Ghosh | New Delhi
PUBLISHED ON DEC 13, 2020 12:27 PM IST
The list of gainers included Reliance Industries Ltd (RIL), Tata Consultancy Services, Hindustan Unilever Ltd, Infosys, HDFC, Kotak Mahindra Bank, ICICI Bank and Bharti Airtel, while HDFC Bank and Bajaj Finance witnessed erosion from their valuation.
Mukesh Ambani, Sunil Mittal differ on 5G rollout timeline
By Ishita Guha | Livemint, New Delhi
UPDATED ON DEC 09, 2020 04:45 AM IST
Ambani, who controls India’s largest telecom service provider Reliance Jio Infocomm Ltd, said his company is ready to offer fifth-generation wireless service by the second half of 2021.
Five of top 10 most valued firms lose together Rs 91,699 cr m-cap; RIL worst hit
By Press Trust of India | Posted by Deepali Sharma | New Delhi
PUBLISHED ON NOV 29, 2020 02:26 PM IST
RIL was leading the chart of top-10 most valued firms, followed by TCS, HDFC Bank, Hindustan Unilever Ltd, Infosys, HDFC, Kotak Mahindra Bank, ICICI Bank, Bajaj Finance and Bharti Airtel.
Tariff hike needed as pricing ‘unsustainable’, market condition to drive decision: Bharti Airtel’s Sunil Mittal
By Press Trust of India | Posted by Shivani Kumar | Delhi
UPDATED ON NOV 23, 2020 06:03 AM IST
On the issue of whether or not Chinese telecom equipment vendors will be allowed to participate in next-generation 5G networks, Mittal said the larger question is that of the nation’s decision and asserted “what the country decides will be accepted by everyone”.
Favour localisation of data: Truecaller to JPC
By Deeksha Bhardwaj | Hindustan Times, New Delhi
PUBLISHED ON NOV 07, 2020 06:12 AM IST
The JPC has met several industry leaders such as Amazon, Google, Twitter, Facebook, Paytm, Reliance Jio, Ola, Uber and Bharti Airtel over last two weeks to discuss the nuances of the Data Protection Bill.
Bharti Airtel bats for hike in voice and data tariffs
By Ishita Guha | Mint, New Delhi
PUBLISHED ON OCT 29, 2020 08:01 AM IST
Airtel now has 440 million users in 16 countries. Vittal said the company is studying the low-cost smartphone space, adding the telco is yet to decide on an approach and is focusing on migrating its 2G/3G customers to 4G network.
Sensex dives 600 points, Nifty cracks below 11,730
By Press Trust of India | Posted by Niyati Singh | Mumbai
UPDATED ON OCT 28, 2020 04:09 PM IST
After hitting a low of 39,774.60 during the day, the 30-share BSE index ended 599.64 points or 1.48 per cent lower at 39,922.46.Similarly, the broader NSE tanked 159.80 points or 1.34 per cent to close at 11,729.60.
Bharti Airtel posts highest-ever quarterly revenue on higher tariffs, data usage
By Reuters | Posted by Shivani Kumar | Bengaluru
UPDATED ON OCT 27, 2020 04:57 PM IST
Indian telecom operators, grappling with low tariffs due to a price war that ensued after Mukesh Ambani’s Reliance Jio entered the space, hiked prices last year as they were ordered to pay 920 billion rupees ($12.44 billion) in dues to the government.
6 of top 10 most valued firms’ combined market valuation tumbles over Rs 1 lakh cr
By Press Trust of India | Posted by Ayshee Bhaduri | New Delhi
PUBLISHED ON OCT 18, 2020 07:35 PM IST
Over the past week, Sensex lost 526.51 points or 1.29 per cent. RIL,TCS, HDFC Bank, ICICI Bank, HCL, and Bharti Airtel suffered losses,while HUL,Infosys, HDFC, and Kotak Mahindra Bank were the gainers
Eight of top 10 valued firms lose Rs 1.57 lakh cr in market valuation
By Press Trust of India | Posted by Shivani Kumar | New Delhi, Delhi
UPDATED ON SEP 27, 2020 11:59 AM IST
Last week, the Sensex lost 1,457.16 points or 3.83 per cent. Only Infosys and HCL Technologies emerged as gainers among the most valued firms.
Sensex, Nifty slide for fifth session as Airtel, TCS drag
By Reuters | Posted by Niyati Singh | Bengaluru
UPDATED ON SEP 23, 2020 05:04 PM IST
Indian shares fell on Wednesday for a fifth straight session as surging coronavirus cases fuelled investor concerns, with Bharti Airtel driving losses after rival Jio stepped up competition with new postpaid plans, while Tata Consultancy Services slid over 2%.
A $50 phone is Mukesh Ambani’s weapon to dominate India telecom market
By Bloomberg| Posted by Susmita Pakrasi | Mumbai
UPDATED ON SEP 22, 2020 11:14 PM IST
Reliance Chairman Mukesh Ambani is aiming to remake the country’s smartphone industry much like he did in wireless services, where his aggressive prices and simple plans quickly made him the dominant force.
Sensex ends 98 points lower, IT stocks shine
By Press Trust of India | Posted by Kanishka Sarkar | Mumbai
PUBLISHED ON SEP 14, 2020 07:04 PM IST
After gyrating 657 points during the day, the 30-share BSE index settled 97.92 points or 0.25 per cent lower at 38,756.63. The NSE Nifty slipped 24.40 points or 0.21 per cent to close at 11,440.05.
Powered by RIL, valuation of four of top 10 firms soars by Rs 3 lakh crore
By Press Trust of India| Posted by Susmita Pakrasi | New Delhi
PUBLISHED ON SEP 13, 2020 10:10 AM IST
Shares of Reliance Industries were in the limelight last week amid media reports that it has offered a 40 per cent stake in its retail arm worth about USD 20 billion to Amazon.com, which the company said was speculative.
SoftBank is said to consider bid for TikTok in India: Report
By Bloomberg| Posted by Susmita Pakrasi | Bloomberg
PUBLISHED ON SEP 04, 2020 02:02 PM IST
TikTok is considering selling its operations in several countries after local governments shut out the app, citing fears that sensitive user data was passing into the hands of the Chinese state.
Telcos get 10 years to pay AGR dues
By HT Correspondent and Agencies | Hindustan Times, New Delhi
UPDATED ON SEP 02, 2020 03:37 AM IST
The breather is short of the 15-20 years sought by the telcos, and which the court said was unreasonable, but came as a shot in the arm to the companies that missed a January deadline to repay their dues
Sensex, Nifty close in green despite sharp dip in Q1 GDP, Airtel top winner after AGR verdict
By Asian News International | Posted by Shivani Kumar | Mumbai, Maharashtra
UPDATED ON SEP 01, 2020 05:20 PM IST
Among stocks, Bharti Airtel was the top winner with a gain of 7.1 per cent at Rs 549.60 per share. Vodafone Idea, however, dipped by 12.7 per cent to Rs 8.89 per share. +
Telecoms get 10 years to repay AGR dues: 10 things to know about the case
By hindustantimes.com | Edited by Kanishka Sarkar | Hindustan Times, New Delhi
UPDATED ON SEP 01, 2020 04:13 PM IST
If a company fails to repay installments of its adjusted gross revenue (AGR) dues to the government, it will be punishable for contempt of court, the Supreme Court has ruled.
Supreme Court gives telecom companies 10 years to clear AGR dues
By hindustantimes.com | Edited by: Amit Chaturvedi | Hindustan Times, New Delhi
UPDATED ON SEP 01, 2020 02:48 PM IST
On August 21, the Supreme Court had directed the department of telecommunications to apprise it the basis of spectrum sharing done by telecom companies and how much is the liability of the sharers.
Supreme Court judgment today on payment of AGR dues
By HT Correspondent | Hindustan Times, New Delhi
UPDATED ON SEP 01, 2020 02:59 PM IST
The SC judgment is expected to clarify whether additional AGR liability will be fastened on Jio and Airtel on account of the past dues of Aircel, R-Comm and Videocon.
Sensex rallies over 300 points in early trade; Nifty tops 11,400
By Press Trust of India| posted by Susmita Pakrasi | Mumbai
PUBLISHED ON AUG 21, 2020 10:55 AM IST
The BSE Sensex was trading 330.76 points or 0.87 per cent higher at 38,551.15; while NSE Nifty was up 98.05 points or 0.87 per cent at 11,410.25.
Sensex jumps over 150 points ahead of RBI policy outcome; Nifty tops 11,150
By Press Trust of India | Posted by Kanishka Sarkar | Mumbai
UPDATED ON AUG 06, 2020 10:04 AM IST
According to traders, investors are positive ahead of the Reserve Bank of India’s monetary policy outcome, scheduled for later in the day.
India’s Bharti Airtel partners with Amazon to grow cloud business
By Reuters | Posted by Arpan Rai | New Delhi
PUBLISHED ON AUG 05, 2020 05:23 PM IST
Airtel Cloud currently provides data centre and cloud services to companies and governments via different partnerships.
Bharti Airtel CEO indicates another round of tariff hike
By Ishita Guha | Livemint
UPDATED ON JUL 31, 2020 06:01 AM IST
The company last raised tariffs by up to 42% in December.
Covid-19 takes a toll on bellwether firms
By Deborshi Chaki and Nasrin Sultana | Livemint
UPDATED ON JUL 30, 2020 05:57 AM IST
While the erosion in profits and revenues in the June quarter was not entirely unexpected, analysts warned poor visibility on demand and disruptions to supply chains will be a key concern for investors in the near to medium term.
RIL’s telecom unit wants to be party in tariffs case
By Ishita Guha | Mint, New Delhi
UPDATED ON JUL 14, 2020 11:44 PM IST
It has emerged that Trai’s order barring both Vodafone Idea and Bharti Airtel from offering differentiated products in 4G postpaid plans was passed following a complaint filed by Jio on July 8.
Bharti Airtel may appeal Trai order on postpaid plan
By HT Correspondent | Mint, New Delhi
UPDATED ON JUL 13, 2020 11:44 PM IST
The Telecom Regulatory Authority of India (TRAI) has blocked Bharti Airtel’s Platinum and Vodafone Idea’s RedX premium plans that offer faster data speeds and priority services to customers.