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BusinessToday.In
New Delhi, September 6, 2018
Global factors behind rupee fall, no need for knee-jerk reaction: JaitleyFinance Minister Arun Jaitley yesterday attributed the fall in rupee to global factors and said there was no need for panic or knee-jerk reactions. He said the Reserve Bank is doing whatever is necessary to deal with the situation.The battered rupee has lost 165 paise in the last six trading sessions. Jaitley further said the dollar has strengthened against almost every other currency and added that the rupee...


BusinessToday.in
New Delhi, September 5, 2018
Cars and other durables to get costlier this festive seasonWith the rupee's continuous fall against the dollar automobile and consumer goods companies are facing a tough time. This festive season will see these goods become more expensive. LG, Haier, and Godrej Appliances have hiked prices by 3-5 per cent this month. Panasonic India is expected to increase product prices by 2-3 per cent soon as reported by the Business Standard. Maruti Suzuki, the country's largest carmaker, has i...


BusinessToday.In
August 31, 2018
The stock rose to an intra day high of 53 level, rising 6 percent in early trade compared to previous close of 49.85 level.  The large cap stock is trading 3.68% away from 52 week low of 48.40.


BusinessToday.In
August 31, 2018
After Vodafone-Idea merger, Bharti Airtel is now no longer the country's largest mobile phone company in terms of subscribers and revenue share.


BusinessToday.In
New Delhi, August 21, 2018
Reliance Jio adds over 9.71 million subscribers in JuneThe mobile subscriber base in the country increased to 114.65 crore with net addition of 1.55 crore in the reported month. Reliance Jio led the growth in mobile segment by adding over 97 lakh new connections during the month. It was followed by Idea Cellular which added over 63 lakh new connections. Vodafone saw an addition of over 2.75 lakh new mobile connections, BSNL 2.44 lakh and Airtel 10,689. Tata Teleservices, which i...


BusinessToday.In
August 21, 2018
Bharti Airtel had added nearly 36 million customers in May following the integration of its recently acquired Telenor India operation with itself.  Mukesh Ambani-owned Reliance Jio led the subscriber addition tally by gaining 9.71 million subscribers in June followed by Idea Cellular, which added 6.36 million customers.


BusinessToday.In
July 31, 2018
The stock closed 6.33% lower at 54.75 on the BSE. It hit an intra day low of 54.40 in trade today. The Aditya Birla Group firm reported net profit of Rs 256.5 crore in the June quarter, mainly on account of one-time gain from sale of mobile towers.


BusinessToday.in
New Delhi, July 10, 2018
China agrees to cut tariffs on Indian cancer drugsChina said on Monday it had reached an agreement with India to reduce tariffs and increase imports of Indian medicines, particularly anti-cancer drugs. The decision was part of its efforts to broaden trade relations amid its on-going spat with the United States. Both India and China slashed import tariffs of a range of products starting July 1, following the fourth round of negotiations under the Asia Pacific Trade Agreement (APT...


BusinessToday.In
New Delhi, May 17, 2018
The merger of Norwegian telecom company Telenor's Indian arm with Bharti Airtel Ltd has left half of the employees of Telenor India in the dark. Though Airtel is said to have absorbed over 700 employees of the company, the equal number of staff members are still facing layoffs.


PTI
May 11, 2018



BusinessToday.In
May 11, 2018
Reliance Jio owned by industrialist Mukesh Ambani on Thursday announced its unlimited India postpaid plan at Rs 199 per month offering 25 GB data, bringing another disruptive pricing scheme in the telecom market with effect from May 15, 2018.


PTI
May 11, 2018



BusinessToday.In
April 25, 2018
Bharti Airtel is planning a stake sale in the new tower company that will be formed after the merger. The combination of the two companies' footprints will create a tower operator with the ability to offer the high-quality shared passive infrastructure services.


PTI
April 25, 2018



PTI
February 5, 2018



BusinessToday.in
February 5, 2018
Bharti Telecom on Monday said that Singapore-based telecom operator Singapore Telecommunications Limited or Singtel will invest Rs 2,649 crore in the company, increasing its stake in the Bharti Airtel promoter to 48.9 per cent. The investment comes at a time when telecom sector has witnessed an unprecedented consolidation following the tariff war after the entry of Reliance Jio.


PTI
January 24, 2018



PTI
January 24, 2018



PTI
January 24, 2018



BusinessToday.in
January 24, 2018
Earlier in the day, the Nifty rose to a fresh high of 11,110, Sensex too gained over 100 points to hit 36,268 mark, its highest ever. While the Sensex closed at 36,161 rising 21 points or 0.06%, the Nifty rose just 2 points to 11,086 on account of profit booking.


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