Sensex reclaims 60k level in early trade; Nifty tests 17,900

[ad_1] Benchmark indices began the trade on a firm note on Friday, extending their previous day’s gain, amid foreign fund inflows and a positive trend in global markets. The 30-share BSE Sensex climbed 431.58 points to 60,119.80 in early trade. On similar lines, the broader NSE Nifty went higher by 127.2 points to 17,925.95. From […]

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Bharti to buy 3.33% Airtel stake from Singtel for ₹12,895 cr.

[ad_1] Bharti Airtel promoter Bharti Telecom Ltd. will buy a 3.33% Bharti Airtel stake from Singtel for 2.25 billion Singapore dollars, or about ₹12,895 crore, in 90 days’ time, the telecom operator said on Thursday. Bharti Group chairman Sunil Bharti Mittal’s family and Singtel are co-investors in Bharti Telecom Ltd. (BTL). Singtel, in a statement, […]

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Airtel gets spectrum allocation letter, Sunil Mittal hails ease of doing business

[ad_1] This is the first time ever that the Department of Telecom (DoT) has handed out a spectrum allocation letter on the day of making upfront payment This is the first time ever that the Department of Telecom (DoT) has handed out a spectrum allocation letter on the day of making upfront payment Bharti Airtel […]

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Airtel to start 5G services rollout in August; inks pacts with Ericsson, Nokia, Samsung

[ad_1] The Sunil Mittal-led firm recently acquired 19,867.8 MHZ spectrum in 900 MHz, 1800 MHz, 2100 MHz, 3300 MHz and 26 GHz bands, bolstering its spectrum holding. The Sunil Mittal-led firm recently acquired 19,867.8 MHZ spectrum in 900 MHz, 1800 MHz, 2100 MHz, 3300 MHz and 26 GHz bands, bolstering its spectrum holding. Within days […]

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5G telecom services to be made available from October, says Communications Minister

[ad_1] Prices will be reasonable, BSNL will be market balancer, regulatory framework will be overhauled, says Ashwini Vaishnaw Prices will be reasonable, BSNL will be market balancer, regulatory framework will be overhauled, says Ashwini Vaishnaw 5G telecom services will be made available in India from October 2022 onwards and the industry would decide on the […]

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5G telecom service rollout from October, says Communications Minister

[ad_1] Prices will be reasonable, BSNL will be market balancer, regulatory framework will be overhauled, says Ashwini Vaishnaw Prices will be reasonable, BSNL will be market balancer, regulatory framework will be overhauled, says Ashwini Vaishnaw 5G telecom services will be made available in India from October 2022 onwards and the industry would decide on the […]

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Sensex, Nifty drop nearly 1% on global recession fears

[ad_1] Benchmark BSE Sensex and Nifty closed lower by nearly 1% on July 26 amid fresh foreign fund outflows and mixed global trends. The 30-share BSE benchmark fell by 497.73 points or 0.89% to settle at 55,268.49, extending its losses for second straight day. During the day, it tanked 562.79 points or 1% to 55,203.43. […]

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Spectrum auction | Bids worth ₹1.45 lakh crore placed on Day 1

[ad_1] All four private players — Reliance Jio, Bharti Airtel, Vodafone Idea and Adani Data Network — actively participated in the process All four private players — Reliance Jio, Bharti Airtel, Vodafone Idea and Adani Data Network — actively participated in the process The government on Tuesday received record bids worth ₹1.45 lakh crore on […]

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Bidding for spectrum, including 5G airwaves, to begin this week

[ad_1] Reliance Jio, Adani Data Networks, Bharti Airtel and Vodafone Idea to participate in the auction set to begin on July 26, at which analysts do not foresee any aggressive bidding due to the abundancy of spectrum and the limited number of participants Reliance Jio, Adani Data Networks, Bharti Airtel and Vodafone Idea to participate […]

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