Bharti will acquire spectrum or radiowaves in 2,300 MHz band in Tamil Nadu, Bihar, West Bengal, Jammu and Kashmir, Assam, North East, Andhra Pradesh and Odisha, the company said in a statement.

The headline indices hit their worst weekly fall in six due to profit-taking in recent outperformers while investors took a pause before a busy week of corporate results.

It is like a chat/messaging app that can be used across multiple platforms and devices, with features such as one-to-one and group messaging, file sharing plus integration into several popular apps and web services.

It's the annual increment season in corporate India but an indifferent business environment may once again prove to be a spoilsport.

"His coming could accelerate the process tremendously and may help a resolution rather than various correspondences and video conferencing sessions," said Shyam Divan, the lawyer for the banks.