Reliance Industries, the Tata group, Bharti Airtel, Aditya Birla among conglomerates that took forward positions
On July 1, shares of RIL crashed over 7 per cent, following the government imposing windfall taxes on domestic crude oil production and fuel exports
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
Google will hold 1.2 per cent of the total post-issue equity shares of the company, Bharti Airtel said
Airtel stock fell over 5%, while RIL closed 1.3% higher after being down for most of the day
Bharti Airtel and Vodafone Idea can slip into a bear trap if these key supports levels are breached; MTNL by far seems a safer bet.
The reaction comes even as Adani Group said it does not intend to be in the consumer mobility space
The company had issued a tender offer to purchase USD 300 million worth of its 5.35 per cent guaranteed senior notes of $1 billion due 2024.
If the Adani group participates in the 5G auction on July 26, it will be the first direct competition with Ambani
The company had issued a tender offer to purchase USD 300 million worth of its 5.35 per cent guaranteed senior notes of USD 1 billion due 2024.
Telecom companies were offered a four-year moratorium on their AGR dues spectrum dues up to FY17, in line with a Supreme Court order
Google International LLC is a wholly-owned subsidiary of Google LLC
Despite an ongoing recovery in the telecom sector, analysts believe the stock performance of Vodafone Idea and Bharti Airtel may remain sluggish in the near term. Details here
Despite an ongoing recovery in the telecom sector, analysts believe the stock performance of Vodafone Idea and Bharti Airtel may remain sluggish in the near term. Details here
With organic cash flow, ongoing rights issue, strategic stake sale, improved market structure in India wireless, and easier 5G spectrum payment terms, Bharti remains well-placed to compete with R-Jio
These companies are either govt-related entities (GREs) with ratings linked to the sovereign rating or pvt entities whose ratings would be downgraded if India's Country Ceiling was lowered to 'BB+'
Past week, the BSE Sensex plunged 2,943.02 points or 5.42%, while the NSE Nifty declined 908.30 points or 5.61%
Charts suggest that Bharti Airtel can rally to a new high of Rs 800; However, investors need to wait for a confirmed breakout if considering to buy shares of Vodafone Idea.
Vodafone Idea lost about 15.7 lakh mobile subscribers during April 2022, the monthly subscriber data released by the Telecom Regulatory Authority of India (TRAI) on Thursday showed.
The government will auction a total of 72097.85 MHz of spectrum with a validity of 20 years by July-end, said an official statement