Page 7 - Idea Ltd News Today

Billionaire Mukesh Ambanis Jio cornered more than half of the telecom spectrum auctioned by the government over the past two days, offering about Rs 57,123 crore to consolidate its holding of the scarce resource that are used to carry mobile call and data signals.

Read more about Spectrum auction surpassed estimates; industrys debt levels to rise: ICRA on Business Standard. The results of telecom spectrum auctions, that grossed over Rs 77,800 crore, have "exceeded" initial estimates, ICRA said on Tuesday.While the value of sales was just 19 per cent of the value of total spectrum on offer, the debt levels of the

While the value of total spectrum sold is only 19% of the total value of spectrum on offer, post the auctions, the debt levels of the industry would increase further to around Rs 5 lakh crore as on March 2022

Vodafone Idea to shut down 3G services by 2022 Vodafone Idea to shut down 3G services by 2022 By:Abhishek Malhotra, The Mobile Indian, New Delhi Last updated : February 16, 2021 3:38 pm Advertisement Vodafone Idea Ltd serving under the brand name Vi is now getting ready to shut down its 3G services across its circles in India by 2022 and will shift its focus towards 4G services. The operator will continue to offer 2G services, while its network is 5G ready as we...

Markets likely to stay steady; Future Retail, Vodafone Idea in focus Premium Share Via Read Full Story Indian markets are likely to stay steady on Tuesday while trends in SGX Nifty indicate a positive opening for benchmark equity indices. On Monday, the Sensex closed at 52,154.13, up 609.83 points or 1.18%. The 50-share Nifty ended at 15,314.70 , up 151.40 points or 1%. Global shares held firm with a solid foundation in place to extend their bull run to a 12th consecutive session as optimism ab...

Sensex ends above 52k for the first time, Nifty above 15,300; financials lead Premium Share Via 15 Feb 2021, 03:46:23 PM IST Market closing Indian benchmark share indices settled at record highs on Monday with financial stocks leading broad-based gains. Sensex closed at 52,154.13, up 609.83 points or 1.18%, while Nifty climbed 151.40 points or 1.00% at 15,314.70. Axis Bank, closing over 6% higher, was the top Sensex gainer followed by ICICI Bank, SBI, Bajaj Finance and IndusInd Bank....

Markets likely to rise on firm global cues; Tata Motors, Vodafone Idea in focus Premium 2 min read Share Via Read Full Story Indian stocks are likely to rise on Monday tracking advances in global peers. Trends in SGX Nifty suggest a positive opening for benchmark equity indices. On Friday, the BSE Sensex closed at 51,544.30, up 12.78 points. The 50-share index Nifty ended at 15,163.30, down 10.00 points. Asian shares advanced to record highs as successful coronavirus vaccine rollouts globally r...

Any shift to a flat tax rate will need to be gradual, along with efforts to widen tax base

Asian shares slid on Thursday while the safe-haven dollar rallied as a sudden sell-off on Wall Street and delays with coronavirus vaccines shook investor optimism about an early recovery for the global economy.

Markets likely to edge higher; TCS in focus ahead of Q3 results Premium 3 min read Share Via Read Full Story Markets are likely to edged higher on Friday tracking firm global cues. Trends in SGX Nifty also suggest a steady opening for the Indian benchmark share indices. On Thursday the BSE Sensex ended at 48,093.32, down 80.74 points or 0.17%. The Nifty closed at 14,137.35, down 8.90 points or 0.06%. Asian stocks opened higher on Friday, with Japan hitting a three-decade high as investors looke...