A final call on this is likely to be taken in a month’s time BSNL, Representational (Photo: Wikimedia Commons) Press Trust of India New Delhi The government is considering the option of handing over operations of Mahanagar Telephone Nigam Ltd (MTNL) to BSNL through an agreement, instead of pursuing a merger route, a source privy …
4 min read Last Updated : Jun 29 2024 | 10:16 AM IST Consumer spending on telecom services, including taxes, is set to surge by around Rs 47,500 crore annually, spurred by substantial tariff hikes from India’s leading telcos and elevated rates for users embracing 5G services, reported The Economic Times (ET). Reliance Jio …
The first spectrum auction under the newly formed Central government saw a feeble response from telecom companies, fetching just over Rs 11,340 crore to the exchequer — a mere 12 per cent of the government’s reserve price of Rs 96,238 crore. This was the third-lowest mop-up since competitive bidding for spectrum began in 2010, but …
/photos/market/reliance-industries-bhel-and-more-top-stocks-to-watch-out-for-on-june-28-19434944.htm Copied 0 Telecom stocks, Reliance Industries | Reliance Jio on Thursday, June 27, announced a tariff hike ranging from 12% to 25% on its prepaid and postpaid plans — the first increase in prices in two and a half years. The new plans will come into effect from July 3. The announcement comes a day …
/photos/market/stocks/hal-iifl-finance-bharti-airtel-zomato-tcs-and-more-stocks-to-watch-on-june-18-19429528.htm Copied 0 HAL | The state-run defence equipment manufacturer said a Request for Proposal (RFP) has been issued by the Ministry of Defence for the procurement of 156 Light Combat Helicopter. Out of these 156 Light Combat Helicopters, 90 are for the Indian Army and 66 for the Indian Air Force. /photos/market/stocks/hal-iifl-finance-bharti-airtel-zomato-tcs-and-more-stocks-to-watch-on-june-18-19429528.htm Copied IIFL …
Last week, five of the top-10 most valued firms collectively gained ₹85,582.21 crore in market valuation, driven by a positive trend in equities, with Life Insurance Corporation of India (LIC) leading the gains. During the period, the BSE benchmark Sensex rose by 299.41 points or 0.39 per cent, reaching an all-time high of 77,145.46 on …
Bharti Airtel, which barely had any upward movement for more than a decade through 2018, has emerged as the darling of Dalal Street. Since the beginning of 2024, the telecom major has added more than $30 billion to its market capitalisation. The addition in market valuation is the highest among listed companies in India and …
The combined market valuation of eight of the top-10 most valued firms declined by Rs 2,08,207.93 crore last week, with bellwether Reliance Industries, TCS and Infosys taking the biggest hit. While these three firms along with ITC, Life Insurance Corporation (LIC), Hindustan Unilever Ltd, Bharti Airtel and ICICI Bank were the laggards, HDFC Bank and …
Election Stock Picks: The domestic benchmark indices, the Nifty 50 and the Sensex, hovered between gains and losses on Friday as investors adjusted their bets ahead of next week’s national elections. They closed modestly higher but saw their first weekly decline in three weeks. The NSE Nifty 50 ended the Friday’s session up 0.2% at …
 "Brokerage lists 54 ‘Modi stocks’ likely to benefit from BJP win in Lok Sabha elections – Firstpost")
Prime Minister Narendra Modi. Source: Reuters Stocks of 54 companies, most of them public sector undertakings (PSUs), could be direct beneficiaries of the policies of the current government led by Prime Minister Narendra Modi, said international brokerage CLSA. The brokerage further predicted that the stocks of India’s state-run companies, or PSUs, may see a top …