Despite the buzz in the telecom sector with the ongoing 5G spectrum auction, Bharti Airtel and Voda Idea need to break and sustain above their respective 200-DMAs for hopes a rally to emerge.
The auction is being held for spectrum in various low (600 MHz, 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz), mid (3300 MHz) and high (26 GHz) frequency bands
From 5G auction to coronavirus and more, catch all the latest developments from across the globe here
The country's largest telecom services provider and other operators are set to lock horns in the auction for 5G spectrum. Will this be an aggressive battle? Will this be a turning point for India?
The 5G auctions will be a financial boost for Prime Minister Narendra Modi's government, which is trying to tame inflation and rein in the fiscal deficit
Is India Inc seeing the impact of a looming US recession? Is the 5G auction a turning point for India? What do Q1 IT earnings tell us about the sector's health? What is the China-plus-one
The early-bird results for the April-June 2022 quarter hinted at a decline in earnings, even as corporate revenue continued to grow at a fast clip
The Adanis, after the initial noise as to whether it will get into mobile telephony, will stay clear of consumer 5G mobile
Adani Enterprises (AEL) is pegged to replace Kolkata-based Shree Cement in the Nifty 50 index, a gauge for the performance of India's capital market
The rupee on Tuesday weakened past 80 per dollar for the first time but went on to recover lost ground
Operators say it could take four to five years at least to build a reasonable sized pan-India 5G network with good coverage
The key challenge now, however, is to bring down the prices of smartphones
Trial comes ahead of a 5G spectrum auction this month and amid a battle among telecom and IT companies on spectrum allotment for private networks
Given that the Adani group and Vodafone Idea are also looking to play a limited part in the auction, analysts say the figure could hit around Rs 1 trillion from the sale of these two bands alone
The COAI said in a statement that the 5G spectrum should not be provided on an administrative basis as it leads to no business case for the rollout of 5G networks in the country
From 5G spectrum auction to tax irregularities, here are the top headlines on Thursday morning
Just the threat that Adani might eventually come after the $2-per-month customer could see capital-starved Vodafone Idea buckle, in which case he could swoop in on it later
The Centre should privatise all PSBs, except the State Bank of India, a report by NCAER said. Read more on these in our top headlines
The reaction comes even as Adani Group said it does not intend to be in the consumer mobility space
The applicants include three telecom service providers - Bharti Airtel, Reliance Jio and Vodafone Idea