From NHAI issuing land bonds to Tata Steel's jobs cuts, here are the top 10 business headlines for the day.
The decision of Vodafone Idea and Airtel to raise tariffs is being seen as a step to encourage the government to offer a relief package to the industry
The financial system cannot afford another massive hit after the PSB saga, NBFC/HFC problems and urban cooperative bank fiasco
The company also said that it understands that telecom regulator Trai is likely to initiate a consultation for bringing rationality in pricing in the Indian mobile sector
The CoC extended the deadline by 10 days and has decided to open bid now on November 25
While the sector awaits a lifeline, a sharp reduction in capital and opex has aided cash flows
Bankers said that at present, both operators are current in their repayments. However, the concern is over the future debt repayment capacity
Bharti Airtel's internal accruals insufficient to pay the AGR dues of nearly Rs 28,000 crore in the next three months, say sources
Traffic symmetry indicates that a telecom operator will not have any outstanding balance of interconnect usage charges (IUC) against other networks
Strategic errors - acts of omission and commission - have hurt many companies
At present, bank depositors get an insurance cover of Rs 1 lakh on their amount by the Deposit Insurance and credit Guarantee Corporation
Vodafone Idea yesterday reported a massive net loss of Rs 50,922 crore for the July-September quarter, the highest-ever quarterly loss by an Indian company
Airtel said that IUC should not come down to zero and the BAK regime should be postponed by at least three years
The numbers were announced post-market hours on Thursday and saw the stock drop to Rs 354 levels on the BSE once the markets opened for trade on Friday
According to a CNBC-TV 18 report, the committee of secretaries is mulling setting a minimum price for mobile calls and data.
Operating performance improved sharply but net loss at Rs 23,045 is the third highest by an Indian corporate in a quarter
Vodafone Idea's net debt to equity ratio has jumped to a record level of 4.5x at the end of September this year, as against 1.24x at the end of June and 1.8x at March-end
The finance ministry won't back down from collecting the amount, which needs to be paid within three months as per the court order
Vodafone Idea and Airtel have made provisions for their liabilities arising from the Supreme Court order in their latest September quarter results
The consolidated revenue of Bharti Airtel was up by 4.7 per cent at Rs 21,199 crore in the just-concluded quarter