India Telecom News, Telecom Industry News, Telecommunication Companies India

Standard Chartered Bank allotted $197.38mn
Barclays Capital allotted $155.18mn, DBS allotted $300mn
Reallocation as FIIs failed to invest allotted component
Reallocates $1.31bn to FIIs for corporate debt invst
CNX Midcap down 1.3%, Smallcap Index down 1.8%
BSE Advances at 30.24%, Declines at 66.77%
Govt wants to focus on construction sector
Govt may not give direct sops to auto sector
Steel duty cut may provide relief to auto sector
Govt may cut excise duty on steel and cement
Govt may rejig duty to help SMEs: Ashwini Kumar
Anti -dumping laws to be strengthened
HCL Technologies announces partnership with Xerox
Govt to increase focus on infra spending
Banks want realtors to cut prices or sell properties
Pressure on RBI to cut rates has somewhat eased
Banks' total deposit grew 20.4% on year to Nov 7: NW
Outstanding bank credit on Nov 7 at Rs.27.12 lk cr: NW
Banks encouraged to use special refinance facility: RBI
Use special refinance to give loans to SMEs: RBI
Banks' total credit grew 26.5% on year to Nov 7: NW
RBI to allocate upto $10bn from FX reserves to fund: Srcs
RBI may set up a special $ fund for infra cos: Sources
FIIs net sell $91.5mn in equity on Nov 18
Power Grid approves 3 investment proposals
Approves Rs.7031cr investment in Sasan project
MFs net sell Rs.45cr in equity on Nov 18
Nifty falls 135 pts from day's high; Down 1.8% at close
Sensex sheds earlier gains; Down 1.8% at close
CNX Midcaps down 1.3%, Smallcap Index down 1.8%

Updated: 12/11/08 | 09:28 PM IST

Telecom

NTT DoCoMo buys 26% in Tata Teleservices

Tata Teleservices has found a new partner in Japan's telecom biggie NTT DoCoMo, which has agreed to buy a 26 per cent stake in Tata Teleservices $2.7 billion (Rs 13,300 crore).

Comments: Read (0) Post

NTT DoCoMo buys 26% in Tata Teleservices

NTT DoCoMo Inc, Japan's biggest mobile-phone operator, today acquired a 26 per cent stake for 2.7 billion dollars (Rs 13,070 crore) in Tata Teleservices Ltd to expand into the world's fastest-growing major wireless market, valuing the company at 10.4 billion dollars.

Comments: Read (0) Post

Tata Teleservices in talks to sell stake

Tata Teleservices is understood to be in talks with Japan's largest telecom company NTT DoCoMo for a possible stake dilution of up to 26 per cent.

Comments: Read (0) Post

One-time fee likely for extra spectrum

The Government may charge a one-time fee of Rs 4,000 crore for additional spectrum, Telecom Minister A Raja said on Friday.

Comments: Read (0) Post

Raja defends 2G allocation norms

Defending the spectrum allocation to new operators under the existing 2G policy, Telecom Minister A Raja today offered to resign in case his ministry had violated the law in doing so.

Comments: Read (0) Post

Telenor mulls to abandon $.8 bn rights issue: Report

Norwegian major Telenor, which is to acquire a majority stake in Indian telecom player Unitech Wireless is considering to abandon its $1.8 billion rights issue, aimed at raising funds mainly for expansion in India.

Comments: Read (0) Post

Government to charge for extra spectrum

The government will charge one per cent of gross revenue of telecom operators for holding eight megahertz (MHz) of radio frequency for second generation (2G) services, a top government official said.

Comments: Read (0) Post

Nokia may raise handset price

Finnish mobile giant Nokia today said it is looking at the possibility of hiking the prices of its products given the rising input costs, even as it launched low-cost phones for emerging markets.

Comments: Read (0) Post

BSNL cuts call rates to Saarc countries

The state-run telecom giant Bharat Sanchar Nigam Ltd (BSNL) lowered international call rates to some member countries of the South Asian Association of Regional Cooperation (Saarc) by 15-35 percent.

Comments: Read (0) Post

Private telcos not to pay I-T on transit charges

Private cellular operators would not be liable to pay income tax on the fees paid by them to state-owned telecom companies for routing the calls of their subscribers.

Comments: Read (0) Post

Pages:

Global Crisis

No job cuts, but hiring to dip: Nasscom

The Indian IT industry will retain employees but will go slow on hiring this fiscal (2008-09) following declining growth rate, the organisation representing the industry said here on Wednesday.

More : US home construction sinks to new record low | Now, Chinese automakers seek state aid | CEOs want at least $300 bn stimulus from Obama

Market Watch

Graphs

Stocks