Why govt should opt for public-private partnership to uplift telecom sector
There are only three big players left in the field, so Bharti Airtel and Vodafone Idea need to be able to compete with each other and with the more recent entrant, Reliance Jio. The Telecom Regulatory Authority of India (Trai) is designed more to help consumers than to play a groundsman who smoothens the turf. It is for the government to think smartly.
The Week That Was in 10 Stocks: Voda Idea rebounds, ITI slides; YES Bank inches up
The scrip made a strong comeback, rallying 34.15 per cent ...
Stock market update: Metals stocks gain; Jindal Steel up 3%
The Nifty Metal index was trading 1.19 per cent up at 2,802.25.
Stock market update: Energy stocks advance; Tata Power gains 2%
The Nifty Energy index was trading 0.21 per cent up at 15,737.3.
Stock market update: IT stocks edge lower; NIIT Tech slides 2%
The Nifty IT index was trading 0.47 per cent down at 16,396.15.
Stock market update: Auto stocks leap; Motherson Sumi climbs 3%
The Nifty Auto index was trading 0.91 per cent up at 8,316.95.
Stock market update: Bank stocks surge; YES Bank jumps 5%
YES Bank, Bank of Baroda and Federal Bank were among the top gainers.
Stock market update: 41 stocks hit 52-week highs on NSE
Among the stocks that touched their 52-week highs were Bharti Airtel and Nestle.
Stock market update: 20 stocks hit 52-week lows on NSE
Among the stocks that touched their 52-week lows were Artemis Medicare Services and Reliance Home Finance.
AGR payment: Telecom companies to wait for SC decision
Vodafone Idea informs DoT it won't make part payment today, Airtel may follow suit.
'Nobody can leave': Trapped Wuhan residents stock up
Authorities extended transport bans to 17 other cities around Wuhan in a gargantuan effort to control the SARS-like virus, restricting travel for around 56 million in Hubei province. While there are restrictions on anyone leaving Wuhan, a few people were allowed to enter the city through the barricade: Desperately needed medical workers whose holidays were cut short to help overwhelmed hospital.
Share market update: Telecom shares advance; Vodafone Idea surges 7%
The S&P BSE Telecom index was trading 1.07 per cent up at 1222.34 .
Stock market update: Pharma stocks edge higher; Aurobindo Pharma up 2%
The Nifty Pharma index was trading 0.26 per cent up at 8,321.55.
Bharti Airtel gains 2% on receiving DoT nod for hiking FDI limit
It has received approval for increasing FDI limit in the company to 100% from 49%.
Trade setup: Nifty needs to top 12,430 for sustainable breakout
The 12,290 and 12,335 levels will act resistance. Supports are at 12,200 and 12,150.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service