Tag Archives: Telecom

Tata Group May Sell Its Telecom Assets To Mukesh Ambani’s Reliance Jio

India’s largest conglomerate Tata Group has explored selling its struggling telecom and related assets to the country’s most valued company Reliance Industries Ltd (RIL) even as Bharti Airtel remains a strong contender to acquire them. While talks with RIL chairman ...

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Sensex, Nifty off day’s high; RIL up 2%; telecom, DTH operators bleed

Balaji Telefilms was up 5 percent as Reliance Industries picked up 24.9 percent stake in the company. Moneycontrol News 12:29 pm Interview: RBL Bank, reported a whopping 45 percent year-on-year increase in its June quarter net profit at Rs 141 crore ...

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Reliance Jio impact: Telecom sector set to see Rs 17,000 cr revenue disappear

The DoT anticipates that the revenue it earns from the sector will fall by 38% in the current fiscal on account of “severe financial stress” and a “rapid decline in earnings” of the operators. The Department of Telecom (DoT) anticipates ...

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