From SC's rejection of telcos' plea for new schedule for AGR payments to wholesale inflation rises to 3.1% in January, here are the day's top headlines
Supreme Court on Friday rejected the telecom companies' plea seeking new schedule of adjusted gross revenue (AGR) payments.
The Supreme Court on Friday directed the top echelons of telecom firms to explain why contempt action should not be taken against them for non-compliance of its AGR order
The Supreme Court on Friday said the companies and the federal Department of Telecommunications (DoT) were liable for contempt of court
The stock bounced back 6 per cent from its intra-day low of Rs 535 on the BSE
A bench of justices Arun Mishra, S Abdul Nazeer and M R Shah will hear a batch of petitions filed by telecom companies in open court
At its current market capitalisation of around $41 billion, Airtel is behind China Mobile whose valuation is $175 billion
Almost 615 companies, including BPCL, Page Industries, Nestle India, and Apollo Hospitals Enterprise, are scheduled to announce their December quarter results today
Consolidation, after Reliance Jio's entry and the price war, has shrunk the number of players from a peak of 16 to just 4
The order came on a complaint filed by Canada-based Teleclub (Alberta Ltd), which is an international telecom carrier
This amount will be in addition to existing securities of $750 million (around Rs 5,343 crore) that the company has raised recently
These telecom service providers had expressed their interest in utilizing BharatNet connectivity mainly for extending their 4G/ LTE mobile services
Bharti Airtel on July 1 announced that the consumer mobile business of Tata Teleservices Ltd (TTSL) has now become its part
Bharti Airtel has joined the elite club of Rs 3-trillion market capitalization as shares of the telecom services provider hit a new high of Rs 550
Bharti Airtel has joined the elite club of Rs 3-trillion market capitalization (market-cap) as shares of the telecom services provider hit a new high of Rs 550, up 3 per cent on the BSE on Thursday
Says three players will be healthy for the sector
On the operational front, its average revenue per user rose from Rs 128 in the September quarter to Rs 135
However, Airtel posted a net loss of Rs 1,035 crore for the quarter, as it provisioned for the interest accrued on account of AGR payment
Today, a total of 126 companies, including Adani Enterprises, Berger Paints, Cipla, and Indiabulls Housing, are scheduled to announce their December quarter results
Bharti Airtel India revenue rose 7 per cent to 15,797 crore, compared to the same period of 2018-19.