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BLOOMBERG Market Makers May 1, 2014

I matt miller. Im matt miller. Im Cristina Alesci. Perfect timing for us worked out pretty well. Certainly did. Breaking news on the economy. A key gauge coming up. Mike mckee in the news with the headline. This will be a good news stories as well for the markets today. The isam report for the month of april comes in at 54. 9, more than expected and up from last point seven. The economy and manufacturing continuing to get together from the freeze we saw this past winter. Thanks so much, mike. I ...
New York United States District Of Columbia Freddie Mac Jessica Simpson Indra Nooyi

DoT allocates spectrum for much-awaited 5G trials to telcos: Report

The Department of Telecom (DoT) has allocated spectrum to telecom operators to start 5G trials in the country, sources said. The trials will be conducted at various locations including Delhi, Mumbai, Kolkata, Bengaluru, Gujarat, Hyderabad, among others, according to industry sources. "Telecom operators have been allocated spectrum in 700 Mhz band, 3.3-3.6 gigahertz (Ghz) band and 24.25-28.5 Ghz band across various locations," a telecom company official said. On May 4, DoT had approved appli...
West Bengal Andhra Pradesh Bharti Airtel Jio Infocomm Department Of Telecom Do Reliance Jio

Telecom stocks slide

Telecom stocks were trading with losses, with the S&P BSE Telecom index decreasing 19.6 points or 1.42% at 1363.33 at 13:49 IST. Among the components of the S&P BSE Telecom index, Bharti Airtel Ltd (down 1.88%), Tata Communications Ltd (down 1.3%),Reliance Communications Ltd (down 1.13%),Indus Towers Ltd (down 1.12%),Vodafone Idea Ltd (down 0.93%), were the top losers. Among the other losers were Sterlite Technologies Ltd (down 0.26%), and OnMobile Global Ltd (down 0.1%). On the other hand,...
Tejas Networks Ltd Vindhya Telelinks Ltd Onmobile Global Ltd Indus Towers Ltd Tata Communications Ltd Reliance Communications Ltd

Jail release likely on Monday, but Lalu to return home after recovery

RJD president Lalu Prasad, who is likely to walk out of jail on Monday having secured his bail in the multi-crore-rupees fodder scam cases, will, however, take time to return home as treatment for his various ailments is still underway at AIIMS Delhi. Supporters of the RJD, after getting to know about his bail, had been busy making preparations to greet him on his arrival, but Prasads family clarified that he would return only after full recovery. The Jharkhand High Court granted bail to Pra...
Uttar Pradesh Birsa Munda Devarshi Mandal Misa Bharti Ranchi Doranda Lalu Prasad

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RIL declines 6% in six days

Reliance Industries (RIL) fell 1.71% to Rs 2064.45, extending decline for the sixth day in a row. Shares of the index heavyweight have lost 5.78% in six sessions from its recent closing high of Rs 2,191.10 recorded on 8 March 2021. In the past six months, the stock has declined by 10.20% while the benchmark Sensex had gained 28.48% during the same period. On the technical front, the stocks RSI (relative strength index) stood at 46.424. The RSI oscillates between zero and 100. Traditionally, th...
Jio Infocomm G Technology Department Of Telecommunications Reliance Industries Reliance Jio Infocomm Capital Market

Telecom shares rise

Telecom stocks were trading with gains, with the S&P BSE Telecom index rising 13.11 points or 0.98% at 1353.11 at 09:48 IST. Among the components of the S&P BSE Telecom index, Indus Towers Ltd (up 3.63%), OnMobile Global Ltd (up 3.39%),Vodafone Idea Ltd (up 2.78%),HFCL Ltd (up 1.97%),Bharti Airtel Ltd (up 1.1%), were the top gainers. Among the other gainers were GTPL Hathway Ltd (up 1.09%), Sterlite Technologies Ltd (up 0.67%), Reliance Communications Ltd (up 0.52%), Vindhya Telelinks Ltd (up ...
Mahanagar Telephone Nigam Ltd Tejas Networks Ltd Vindhya Telelinks Ltd Onmobile Global Ltd Indus Towers Ltd Tata Communications Ltd

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