Sell Bharti Infratel, price target Rs 235: Jay Thakkar
The analyst suggested a stoploss at Rs 252.
Kotak Institutional Equities maintains reduce on Bharti Infratel, fair value Rs 275
Bharti Infratel's near-term growth prognosis remains weak...
Ecommerce companies, startups step up campus hiring
Companies seeking freshers who are quick to learn new-age tech skills and adapt to fast-p...
CG Power imbroglio: Gautam Thapar cites board approvals, rejects fund misuse allegations
CG Power board sacked Thapar after an audit report by Vaish Associates, which itself is based on as many as 23 disclaimers, claimed that Thapar swindled Rs 3,000 crore from CG Power.
Telcos’ financial state may delay 5G: Industry Execs
Industry captains believe that the current financial health of the telecos in the country, arising due to poor sectoral health & the unpredictability of monetisation of the next-generation tech will make it difficult to roll-out 5G technology.
NoBroker gets $50 million from Tiger Global and others
“This investment will help us reach more customers and accelerate our deal closure growth,” said Amit Kumar, CEO, NoBroker.
5G rollout may be delayed if sectoral health not improved: Industry executives
Mathew Oommen, president networks at Reliance Jio, added that India is far behind in building IP-networks and VoLTE which are two fundamental building blocks for 5G.
Bharti Infratel Q2 profit up 61% YoY at Rs 964 crore
The company's mobile tower base increased by 1,298 year-on-year to 93,421 at the end of September 30, 2019.
Infratel-Indus merged co will be an attractive buy for PE investors: Akhil Gupta
“From a PE perspective, the structure of the proposed Infratel-Indus merged entity is better as there are two big shareholders (read: Airtel and Vodafone), but nobody has a majority stake,” Gupta said.
Bharti Infratel Chairman Akhil Gupta to get 5-year tenure extension
The proposal, which is yet to be approved by the company's shareholders, seeks to make the appointment effective from April 1.
Telecom industry of the right size now, says Bharti Infratel's Akhil Gupta
With four players in the industry, Gupta predicts a positive outlook for the industry with a gradual increase in average revenue per user (ARPU).
Cleartax acquires Dose FM, absorbs its team
Online tax returns filing platform Cleartax and early-stage audio streaming platform Dose FM further plans to create an engagement platform for their business customers to file their GST returns. A four member team will be joining Cleartax.
ABVP withdraws support to JNU students' union strike over fee hike
The ABVP also attacked the students' union for "holding hostage and manhandling a woman faculty for more than 28 hours". Professor Vandana Mishra, an associate dean of the university, had alleged that the students had confined her for close to 29 hours and demanded that she reject the hostel manual.
'Bharti Infratel-IndusTowers merger can't be completed by October 24 deadline'
The Board noted that all the requisite Govt approvals have not been received till date and conditions precedent and processes not completed.
New National Telecom Policy should focus on infra sharing, says Akhil Gupta
Calling the telecom sector as one of the most taxed, the chairman of tower provider Bharti Infratel sought for consideration to lower license fees.
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