On June 28, 2016 10:44 (IST)
Idea management told analysts that it does not see a spectrum supply constraint anymore. Idea sees competition to intensity over two years but expects gains in revenue from increased market share.
On June 26, 2016 20:55 (IST)
Eight of the top ten most valued Indian companies lost a cumulative Rs 27,727.1 crore in market valuation during the week ended June 24, with Reliance Industries Ltd (RIL) and Tata Consultancy Services (TCS) taking the biggest blow.
On June 23, 2016 15:46 (IST)
The two companies had entered into merger talks in December last year. RCom is India's fourth largest mobile carrier, while Aircel is the fifth largest operator.
On June 19, 2016 15:22 (IST)
Betting big on mobile trading in the derivatives market, leading brokerage Reliance Securities on Sunday said it it investing heavily in new technologies including robo-analytics and expects over 30 per cent of its broking business to come from mobile trading platforms.
On June 17, 2016 13:09 (IST)
Veteran technical analyst Sushil Kedia expects the Nifty to correct to 7,700 over the next few weeks as domestic stock markets react to global events. He advised investors to sell shares on rallies.
On June 14, 2016 23:28 (IST)
HSBC on Tuesday offloaded over 26 lakh shares in Anil Ambani-led Reliance Infrastructure for an estimated Rs 144 crore through an open market transaction.
On June 14, 2016 20:14 (IST)
HSBC on Tuesday offloaded over 26 lakh shares of Anil Ambani-led Reliance Infrastructure for an estimated Rs 144 crore through an open market transaction.
On June 14, 2016 08:29 (IST)
The Nifty may continue to slide further, having broken below its crucial support of 8,150, says Kunal Bothra, senior technical analyst with LKP Securities. A test of 8,020-8,000 in the next couple of days is likely, Mr Bothra added.
On June 10, 2016 15:29 (IST)
India's largest information technology company, Tata Consultancy Services (TCS), has become the third conglomerate to invest large cash holdings in government bonds, a trend that could boost the young debt market but also stir volatility.
On June 10, 2016 15:56 (IST)
The uptrend in crude oil prices has led investors to bet on upstream oil companies like ONGC. Analysts expect ONGC's margin and profitability to improve in the coming quarter.
On June 09, 2016 15:52 (IST)
Lovable Lingerie shares rallied nearly 6 per cent on Thursday, following Reliance Mutual Fund's purchase of shares in the women's inner-wear maker from open market yesterday.
On June 08, 2016 16:02 (IST)
Analysts say that Bharti Airtel's spectrum usage charge, which is around 4.9 per cent now, will fall to 3.74 per cent, resulting in around 85-basis-point benefit in the operating margin for India's biggest telecom operator.
On June 08, 2016 13:11 (IST)
In what could be good news to mobile operators, the inter-ministerial panel Telecom Commission has backed lowering of spectrum usage charge to 3 per cent of their annual revenue.
On June 08, 2016 12:11 (IST)
Shares of companies engaged in business of manufacturing defence equipment rallied as much as 17 per cent today after US recognised India as a major defence partner.
On June 06, 2016 16:04 (IST)
The weakness in telecom stocks comes at a time when Reliance Jio has started taking registrations from interested people for network trials, signalling that a launch may be around the corner.
On June 03, 2016 08:23 (IST)
The Nifty may face resistance around 8,250-8,300, though the current momentum in large cap shares may help the index make a decisive up move towards 8,330, says Ruchit Jain, senior technical analyst with Angel Broking.
On June 01, 2016 15:53 (IST)
RCom's management said that India's fourth biggest telecom operator will cut down its over Rs 40,000 crore debt by 75 per cent.
On May 28, 2016 19:54 (IST)
For the whole year, Reliance Infrastructure's consolidated net profit increased by 9.68 per cent to Rs 1,974.56 crore as against 1,800.18 crore.
On May 22, 2016 15:50 (IST)
Five of the top ten most valued domestic companies saw a combined erosion of Rs 21,458.26 crore in their market valuation during the week that ended on May 20, with Reliance Industries Ltd (RIL) taking the biggest hit.
On May 13, 2016 20:08 (IST)
Four companies -- Bajaj Finance, Havells India, Titan Company and Yes Bank -- will be added to the MSCI India index while Reliance Communications, REC and United Breweries will make an exit, effective close of May 31.