Most leading Tata companies, including Tata Power, Tata Steel and Tata Motors, are burdened by debt, making the group overdependent on TCS, its sole money spinner

\"On the 3.5 Ghz band Trai has recommended price to Rs 50,000 crore for 100 mhz of spectrum. 5G requires a large block of spectrum. 100 Mhz spectrum for 50,000 crore, we can't afford. We believe it is too high. We will not pick it up at those prices,\" says Bharti Airtel MD and CEO Gopal Vittal

Share Market Update: M&M Financial, CG Power and Solutions, Tata Coffee, Cummins among others will be releasing their Q3 results today

ICRA says it took into account the steps taken by Bharti Airtel to consolidate its market position and its spectrum holdingover the last two years through the acquisition of data-centric spectrum

Share Market LIVE: Vedanta, Axis Bank, SBI, Hindalco and YES Bank were among the top gainers on Friday. Dr Reddy, Bharti Airtel, Kotak Bank, Zee Entertainment and Bajaj Auto were among the top losers in today's trade.

Following the rating downgrade, Bharti Airtel share price fell 4.72% to an intraday low of Rs 430 on the BSE, against the last closing price of Rs 451.30

Chief Executive Nick Read said India, where Vodafone formed a joint venture with Idea Cellular in 2018, had been \"a very challenging situation for a long time\", but it remained a sizable market where Vodafone had a 30% share

On most relevant parameters, Airtel is doing better in Africa than India. Take subscriber growth, for example. In the past one year until June, the African operations have added 8.5 million subs as compared to a loss of 24.2 million (or 7 per cent subs) in India in the past one year to June

FMCG major Godrej Consumer Products (GCPL) on Thursday reported a marginal 0.63 per cent rise in consolidated net profit to Rs 407.6 crore in the first quarter ended June 30. The company had posted a net profit of Rs 405.04 crore in the corresponding period last fiscal.

Total revenue rose 6.9% to $795.9 million in the three months, boosted by a 9.3% rise in the company's customer base to 99.7 million despite a hit from currency translation.

As per the agreement, Glenmark will receive an upfront payment, licence fees and royalties for the non-exclusive sub-license rights from Torrent

According to the report, telcos -Bharti Airtel, Vodafone Idea and Reliance Jio- would continue to rely on external funding arrangements to support their debt servicing and elevated capex requirements

Airtel Africa fell sharply on its Friday debut after the stock opened at 77 pence (at a loss of 3.75%)on the London Stock Exchange, against the listing price of 80 pence/share.

Amid volatile trade, domestic equity benchmark indices, BSE Sensex & NSE Nifty snapped four-day losses and gained over 0.20 % each to close in the green today.Sensex ended higher by 85 points at 39,046, while Nifty rose 19 points to close at 11,691. Of 50 Nifty stocks , 32 closed higher and on Sensex, 20 ended in the green.On the sectoral front, except FMCG, Pharma, Media and Auto stocks, all other indices advanced on the closing bell, with maximum gains in IT, Metal and E...