Axis Bank is in trouble after coming under the SEBI scanner for leakage of price sensitive information (PSI).

Anil Ambani said that a company needed enormous amount of money to sustain in the telecom business, calling the telecom sector just a '2-3-4 players' game.

At 12:12 pm, the stock was trading 22.41 percent or 4.78 points higher at 26.11 level on BSE. The stock which opened at 23.46 level hit an intra day high of 26.75 on BSE.

Anil Ambani-led Reliance Communications on Tuesday announced a new plan aimed at reducing the company's huge debt burden by about Rs 25, 000 crore through the sale of some of its spectrum, tower and fibre network assets.

Anil Ambani-led Reliance Communications on Tuesday announced that it will exit the ongoing SDR process and will reduce debt by about Rs 25,000 crore through the sale of some of its spectrum, tower and real estate assets.

Mobile Number Portability first rolled out in India in 2010, and the Telecom Regulatory Authority of India (Trai) had fixed the fee for shifting to a new operator while retaining your existing mobile number at Rs 19.

The latest roll out of 4g services in Ladakh is part of Airtel's 'Project Leap'. It is a network transformation initiative under which the telco is working on plans of investing more than Rs 60,000 crore and created a nationwide 4G footprint.

Google India has announced several India-first products and features for Indian internet users to improve the experience on low end phones especially feature phones.

Anil Ambani's Reliance Communications (RCom) had warnings from many quarters when it took loans from Chinese banks.

Bank Nifty was down 259 points to 24,864 level with SBI, Bank of Baroda, and Canara Bank losing over 2 percent each. All 12 bank Nifty components were trading in the red.

Several companies had to make investments worth billions to stay relevant in the market after the Jio launch, and those who couldn't keep up the pace were wiped out of the industry.

India's economic growth in the second quarter (July-September) of current fiscal rose to 6.3 per cent compared to 5.7 per cent in first quarter (April-June). The GDP growth is in line with Forecasts made by SBI Research, Ficci, Reuters poll and Bloomberg.

The matter came on the radar when the LPG subsidy of some Airtel subscribers was transferred in their Airtel Payments Bank account, and not their designated bank account.

Inflation would remain a key concern for the RBI and the government, fading hopes of an interest rate cut, according to Assocham stated that rising prices of crude oil and vegetables, may lead to an increase in retail inflation in November 2017.

The move is aimed at reducing the debt burden of the company. The transaction will help reduce the liability of unsecured creditors, benefiting all stakeholders, including lenders and shareholders of RCom, the company said.

China Development Bank (CDB) filed an insolvency petition on 24 November against Reliance Communications to recover its loan of $1.78 billion (Rs 11,460 crore), according to media reports.