Delhi: CDS Gen Bipin Rawat pays tribute at National War Memorial
Chief of Defence Staff General Bipin Rawat paid tribute at the National War ...
Telecom industry revenue rises 9% in Q3
Overall, Reliance Jio and Bharti Airtel expanded their revenue market shares (RMS) by 50 bps and 10 b...
Share market update: Telecom shares fall; Vodafone Idea slips 5%
The S&P BSE Telecom index was trading 0.12 per cent down at 1198.75.
Telecom companies asked to submit self-assessed AGR dues calculation
All telcos need to pay their dues by March 17, as per a Supreme Court order. The DoT needs the details to reconcile the telcos’ calculations with their own estimates, and may need to explain the details of the telcos’ payments to the top court on that day, say officials.
Post SC ruling, gross revenue gives better idea of telecom growth, not AGR: ICICI
Adjusted gross revenue of telecom companies as a performance indicator for third quarter of FY19 may not be comparable to previous quarter numbers since the Supreme Court widened the definition of AGR in October, ICICI Securities stated while further adding that gross revenue (GR) comparison would give a more accurate picture of industry trend.
Share market update: Telecom shares down; Vodafone Idea dips 3%
The S&P BSE Telecom index was trading 1.41 per cent down at 1224.09.
Reliance Jio user addition in December falls sharply: Trai
Mukesh Ambani-led Jio added a modest 82,308 mobile users, taking its subscriber base past 370 million in December, way below the 9.1 million and 5.6 million customer-adds reported by the company in October and November respectively last year.
AGR issue: Nobody wants to kill telecom sector, says State Bank chief
State Bank of India has a loan outstanding of Rs 29,000 crore to the telecom sector and another Rs 14,000 crore in bank guarantees, which can get invoked in case of a non-payment of dues by the telcos.
Senior govt officials meet to discuss relief measures for AGR-hit telecom industry
The crucial meeting comes at a time when the telecom companies are staring at Rs 1.47 lakh crore in unpaid dues -- Rs 92,642 crore in unpaid licence fee and another Rs 55,054 crore in outstanding spectrum usage charges.
'If peace comes': Afghans dream of life after war
The "reduction in violence" agreed by the Taliban, the US and the Afghan security forces comes ahead of a possible deal between the insurgents and Washington which would see the US pull thousands of troops out of Afghanistan. While the move is fraught with uncertainty, it marks a potentially historic step in the country's more than 18-year-old war.
GAIL consults other PSUs on how to deal with claims for AGR dues
GAIL India received a fresh demand from the government on telecom dues after the latest ruling by the Supreme Court earlier this month on the adjusted gross revenue (AGR) issue. The fresh demand is much less than the original Rs 1.83 lakh crore and is for just one year, said chairman Manoj Jain.
Top government officials urge Trai to fix floor tariffs soon
Prodded by the sector and the government to come up with a floor price, a reluctant Trai in December floated a consultation paper to fix a floor price for voice and data services on telecom networks. It, however, warned that such an exercise has historically been termed ‘market distorting’ by economists. It also called the move “anti-consumer”.
Why Pankaj Murarka is extremely positive on telecom sector
Murarka of Renaissance Investment Managerst says that consumers must get prepared for higher telecom bills, as fare hikes are going to high ...
War with Netflix and Disney looms for India’s top local streamer
Zee5, the top domestic streaming platform, is betting on local content to fend off big-spending rivals.
Govt to bar telecom vendors of countries that disallow purchase from Indian firms
The Department of Telecom will bar telecom vendors of those countries that would disallow or exclude Indian suppliers from providing network gears used for wifi, fixed line and cellular networks, including 5G services, in their respective local markets, according to an official order.
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