CCI approves Reliance's divestment of Jio tower assets
The proposed transaction involves the acquisition of indirect control of RJIPL by Jarvis, the Competition Commission of India (CCI) noted in a combination notice filed with it. Tower Infrastructure Trust, an InvIT, currently holds 51 per cent of the outstanding equity share capital of RJIPL. Current Sponsor of the InvIT is RIIHL.
Which HDFC scheme offers regular monthly returns?
If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it...
US-based startup offers fire safety tech to Indian hospitals
The three-year-old startup has implemented and evaluated the system at the Insti...
TRAI deferring zero-IUC regime to hit Voda Idea & Airtel, benefit Jio: Analysts
Mukesh Ambani-led Reliance Jio now stands to pocket as much as Rs 1,600 crore in interconnect fees from the two older carriers over the next one year, having become a net IUC recipient in the October-December period, analysts said.
Telcos should run media campaigns to check pesky calls, messages: Trai
Telcos, it said, would also “need to share details with mobile users of the relevant web portal/apps created” in their upcoming media campaign on ways to rein in pesky calls and text messages.
Haptik expects 5x growth in 2020
Last year was significant for the firm, which saw Reliance Jio acquiring a majority stake in the company for $100 million.
Reliance Industries is India's answer to Exxon, AT&T, Amazon - all rolled into one
RIL has disrupted the energy and telecoms industry and could soon do the same to retail, fintech, and media.
E-commerce offers an unbelievable platform and technology but won't kill offline, says Aditya Burman
E-commerce & kirana can co-exist, claims Aditya Burman.
Average salary offer at MDI Gurgaon rises 9.5 per cent to Rs 22.05 lakh
Amazon offered the top salary package of Rs 40.50 lakh per annum, slightly less than last year’s highest salary offer of Rs 40.79 lakh made by Google. This year’s median cost to company (CTC), however, rose nearly 11% to Rs 22 lakh from Rs 19.82 lakh last year, said Kanwal Kapil, dean of placements at MDI, Gurgaon.
Telecom companies seek modification in AGR ruling, move SC
The ‘modification’ applications were filed on Monday after the Supreme Court last week rejected the pleas of the three phone companies to review the October 24 verdict that widened the definition of adjusted gross revenue (AGR).
Brokerages upbeat on RIL’s retail, telecom businesses, retain ratings
Of the 26 brokerage reports ET studied, eight have increased the price targets on RIL shares while six reduced it after the earnings. Nineteen of the 26 brokerages have a ‘buy’ rating on the stock, with the average price target given at over Rs 1,700.
Positive IUC revenues help Jio avoid eighth straight quarterly ARPU fall
ARPU is a key performance metric closely linked to the profitability in a capital-intensive sector like telecom where companies need to invest a lot on infrastructure.
Axis Mutual Fund launches ‘Axis ESG Equity Fund’
ESG stands for environmental, social and governance factors and the framework is used by investment managers to identify how each company in their coverage is exposed to or are reacting to these factors.
Telecom companies starved for funds, your mobile bill may rise up to 30%
Voda Idea and Airtel, staring at huge payouts as AGR dues, need to raise prices to rebuild financial strength.
RIL Jio Q3 profit surges 62% to Rs 1,350 cr
NEW DELHI: Reliance Industries telecom unit Jio on Friday posted a 62.45 per cent yearly rise in profit at Rs 1,350 crore for the December q...
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service