Mukesh Ambani built three sector-dominating businesses under RIL and cleaned off the conglomerate's debts by raising Rs 2.89 lakh crore

A latest note by ICRA says that the sector can expect ARPU (average revenue per user) to touch Rs 220 in the medium term. ARPU is an important metric to track the performance of the telcos

The reason behind the rise in debt levels of telcos is because of the accumulation of AGR (Adjusted Gross Revenue) liabilities in debt, besides the proposed spectrum auctions, ICRA said in a report

The latest report by IIFL Securities indicated that tariff increase may not be immediate and instead sees a \"high likelihood of price hike in 12-18 months\"

In a recent report, Goldman Sachs analysts said that following their conversations with investors, there's a view that Jio will not raise prices and as such Airtel and Vodafone Idea may have to roll back prices if they raise them

India Stock Market Highlights Today: Global equities were mostly buoyed today encouraged by news on the development of coronavirus vaccines and more assurance for a transition of power in the US to President-elect Joe Biden

Current tariff 'unsustainable'; need telcos, TRAI to support hike: Sunil Mittal Bharti Airtel Chairman Sunil Mittal has stressed on the need for a hike in telecom tariff as the current rates are \"unsustainable\". However, he said that the telecom market and regulator would have to be on the same page before Airtel can go ahead with a tariff hike. Mittal added that Airtel has taken a clear stance on the issue of tariffs and is of the view that a hike is necessary. World Bank cautions G20 ...

RBI has also surpassed US Federal Reserve, and European Central Bank (ECB), emerging the most popular central bank on Twitter

Sunil Mittal said that Airtel has clarified in the past that tariff hike is necessary, but the company cannot move ahead with it sans support from the rest of industry and regulator

Bharti Airtel is in a sweet spot again, thanks to tariff hikes last year, digital gameplan and relentless focus on winning quality customers

The agencies believe that since Airtel is not required to make lumpsum AGR payment to Department of Telecommunications, the telco can use some of its recently-raised funds to deleverage

Moody's said that Bharti Airtel's profitability has improved due to moderation in industry competition, rise in its 4G customer base, and a tariff hike from December 2019

This include personal income tax (PIT) refunds amounting to Rs 30,768 crore issued to 25.83 lakh taxpayers and corporate tax refunds amounting to Rs 70,540 crore issued to over 1.71 lakh taxpayers during this period

The 2020 Forbes list of 400 Richest People in America has been topped by Bezos, 56 who has a net worth of USD 179 billion and has occupied the spot of the richest person in the US for the third year in a row

The coal behemoth said that 18 mining projects with a total rated capacity of 132.04 million tonnes per annum and a total investment of Rs 21,244.55 crores were approved by the board of CIL and its arms during 2019-20

The scheme is aimed at achieving the government's objective of 'Housing for All'. Despite the COVID-19 induced lockdown, IIFL Home Finance has continued business at a brisk pace and is back to normal as earlier, a company release said

Sebi had initiated investigation into trading of shares of GSL after receiving reference from the Income Tax Department. It was found that Global Securities Ltd (GSL) had in October 2010 come out with preferential allotment which turned out to be a sham

The registration process for the recruitment of PNB Specialist Officers at these post has already begun. The last date for registration is September 29

The 49-year-old jeweller, who has been behind bars since his arrest in March last year, appeared via a video-link dressed in a dark suit and sporting beard and moustache

According to the study, after Kerala, Delhi has the best literacy rate at 88.7 per cent, followed by Uttarkhand's 87.6 per cent, Himachal Pradesh's 86.6 per cent and Assam's at 85.9 per cent