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  • DELHI HC REJECTS BAYER'S APPEAL AGAINST CIPLA'S SORANIB DRUG: NW
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Updated: 04/02/10 | 10:07 PM IST
Telecom
Quippo up for an IPO soon?
Telecom tower companies are quite the flavour of the season. Quippo-Tata Tele has its sight set high and may actually consider an Initial Public Offering (IPO) to get there.
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Bharti Airtel net profit at Rs 2237 cr
The telcom sector is losing shine. Bharti, India’s largest private telecom player, saw only a small increase in profit, as lower tariffs and high competition squeezes margins.
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RComm gets clean chit from RoC
The Registrar of Companies (RoC) has finally submitted its report on the investigation of Anil Ambani-owned Reliance Communications (RCom) to the ministry of corporate affairs.
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3G auctions likely in February
The government has postponed the 3G auctions by about 10 days. The auctions are likely to be held around February 20-22.
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Telecom operators see revenue dip
The per second billing introduced by telecom companies has come as a boon to millions of mobile users in the country but it is proving to be a bane for cellular service providers as it is affecting their revenues, feel industry experts.
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RCom may sell 5% in tower arm in pre-IPO deal
Reliance Communications is learnt to have begun talks with strategic and financial investors for selling five per cent stake in its tower unit prior to the planned initial public offering.
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GTL jumps into big league with Aircel tower deal
Diversified Group GTL on Thursday said it will acquire 17,500 telecom towers of mobile service provider Aircel Ltd for a total consideration of Rs 8,400 crore.
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GTL Infra plans 50K towers in 3 years
GTL Infrastructure, which on Thursday agreed to buy the tower business of Aircel, plans to have a footprint of 50,000 towers over the next three years, chairman Manoj Tirodkar said here on Thursday.
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Airtel to buy Warid Telecom for $300 mn
Sunil Mittal-owned Bharti Airtel on Tuesday said it will acquire 70 per cent stake in Warid Telecom of Bangladesh for $300 mn (about Rs 1,363 crore).
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March 31 deadline set for number portability
The government today said it will introduce mobile number portability across the country by March 31, 2010, a three-month delay from the scheduled date of launch.
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Special
GST rollout may be hit by more delays
GST rollout may be hit by more delays
India's ambitious target for rolling out a uniform goods and services tax in India is already behind schedule and now it looks like the rollout may not happen for another year or so, a move that will upset the government’s tax planning.

 
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