The growth in Jio's subscriber base doesn't imply that the tariff war is likely to subside anytime soon.

Jio's national average of 4G download speed was more than double compared to its rival Bharti Airtel, which recorded a download speed of 10 megabits per second (Mbps), according to the data published by the Telecom Regulatory Authority of India (Trai) on MySpeed Portal.

Idea continued to top the chart in terms of 4G upload speed with 5.9 mbps.

The proposals floated by the DoT reportedly include combining all telecom levies into one charge, on the lines of the GST that subsumed indirect taxes. Most of the disputes relate to multiple levies under different heads such as licence fees, spectrum usage charges and one-time spectrum fee

Telecom operator Bharti Airtel had yesterday confirmed that it has received demand notices towards penalties totalling Rs 11 lakh for six circles for the quarter ended March 2018.

The teleco is reportedly setting up two earth stations in Mumbai and Nagpur, and will set up two mini hubs in Leh and Port Blair for the latest satellite backhaul-based services that will provide connectivity in areas like the North East, Jammu and Kashmir Uttaranchal, Andaman Nicobar, and Lakshadweep.

While the top telcos in the country are in hot water with the Telecom Regulatory Authority of India, the buzz is that industry disruptor Reliance Jio is facing the steepest fine of them all.

Govt to fine-tune e-commerce rules; panel formed to look into issueThe government has set up a group of secretaries to review a recently released draft ecommerce policy, which has drawn severe criticism from many stakeholders. The nascent but booming online retail space has largely been without regulations until a task force led by then commerce secretary Rita Teaotia put together the draft policy. The new group will be chaired by the secretary in the department of industrial poli...

TRAI has imposed penalties on major telecom operators, including Reliance Jio, Bharti Airtel, Vodafone and Idea Cellular, for slipping on various service quality benchmarks for the March quarter.

The Sunil Mittal-controlled company might snatch back its No. 1 ranking on RMS in the next two-three quarters since VIL is expected to lose ground in the course of its integration process as it conforms to M&A rules.

Global factors behind rupee fall, no need for knee-jerk reaction: Jaitley; Jan Dhan Yojana: Govt doubles up overdraft facility from Rs 5,000 to Rs 10,000; Bharti Infratel to take annual hit of Rs 780 cr from Vodafone Idea exit; Jeff Bezos becomes richest person on the planet as Amazon becomes $1 trillion company; and Delhi might get a new fuel variant cleaner than CNG. Watch this episode of Business Wrap.

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...

Following completion of Vodafone-Idea merger, the companies have served exit notices to Bharti Infratel and its subsidiary Indus Towers from 27,447 co-located mobile towers on consolidated basis.

Cars and other durables to get costlier this festive season; Amazon hits $1 trillion market value milestone; reveal names of private individuals who travelled with Prime Minister Narendra Modi on foreign tours, CIC tells MEA; Vodafone, Idea let go of one-third of employees; Johnson & Johnson to pay interim compensation to recipients of faulty implants. Watch this episode of Business Wrap.

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...

Aruna Sundararajan is setting the agenda for the telecom sector's next phase of growth.

ICICI Bank votes for Chanda Kochhar's reappointment to board; Rana Kapoor to remain Yes Bank CEO and MD till further notice from RBI; Vodafone and Idea get ready to become Vodafone Idea; and after Future Retail and More, Amazon adds Spencer's to cart. Watch more in this episode of Business Wrap.

Vodafone and Idea websites are still functioning on their old domain. However, the merged capital and increased reach may result in more benefits to users than before.

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.

Rupee plunges to record low of 71 against US dollarThe Indian rupee collapsed to a fresh record low of 71 against the US dollar for the first time ever by falling 26 paise on persistent demand for the US currency amid rising crude prices, news agency PTI has reported.Rupee is worst performing currency in Asia on year-to-date basis. Rana Kapoor to remain Yes Bank CEO and MD till further notice from RBIPrivate sector lender Yes Bank today said it has received RBI's approval for the ...