Of the two sexes that God has made, men and women, greater responsibility lies on the women in a family. Be it a home maker or a working woman with children and a family to take care, women can be referred to as the “backbone” of a family that keeps the household running smoothly and […]
Read More →
The Colgate-Palmolive India (Colgate) scrip has lagged the Sensex over the past year as well as in the month gone by. In fact, it made a new 52-week low of Rs 791 on Friday, and there are multiple reasons for this. The first was the news about its parent Colgate-Palmolive undergoing restructuring and increasing the […]
Read More →
The SpiceJet turnaround story could hit air pockets if the equity dilution after the warrant conversion by the erstwhile promoters (the Marans) takes place. Not only will the Marans get a hefty 23.9 per cent of the expanded equity base, it will also mean that two former and current promoters having a substantial stake could […]
Read More →
After a few subdued quarters, cement prices have shown an uptick. Prices rose to Rs 280 per 50-kg bag, from Rs 210-220 a bag in December 2015-January 2016. Analysts at Religare attribute it to the pickup in infrastructure activity and normalisation in supplies. In West, too, prices are up Rs 20-40 per bag, with prices […]
Read More →
Bharti Airtel’s Rs 4,428-crore deal with Videocon Telecom, which will give it five megahertz (MHz) of spectrum each in the six circles of Bihar, Haryana, Madhya Pradesh, Uttar Pradesh (east), Uttar Pradesh (west) and Gujarat in the 1,800-MHz band and valid till 2032, is positive. Idea Cellular had signed a deal in November 2015 with […]
Read More →
Mukesh Ambani is set to launch his much-delayed telecom business under the brand name Reliance Jio by December. In what could cause some anxiety to Jio’s competitors, the Reliance Industries Ltd (RIL) chairman & managing director said the price of the 4G smartphones could be less than Rs 4,000, and voice and data services could […]
Read More →
Reliance Jio Infocomm (RJIL), a subsidiary of Mukesh Ambani’s Reliance Industries, plans to enter into agreements with various state and local authorities to offer Wi-Fi services. It has launched trial Wi-Fi hot spots across India, the company stated, while announcing Reliance Industries’ results for the fourth quarter of 2014-15. Last year, the company had announced […]
Read More →
Reliance Communications (RCom) will partner with Mukesh Ambani’s Reliance Industries’ telecom venture, Reliance Jio, for offering fourth-generation (4G) services through a spectrum sharing and trading route. Jio, expected to launch its 4G service by the end of this year, will be able to access RCom’s 2G and 3G network through the partnership. RCom is in […]
Read More →
Bharti Airtel and Vodafone India might buy additional spectrum in three circles from Videocon due to their acute need of fourth generation (4G) technology based radio waves in Bihar, Uttar Pradesh (UP) East and Haryana circles, rating firm India Ratings said on Monday. Soon after selling spectrum in two circles to Idea last week, Videocon […]
Read More →
A day after selling the spectrum of its two circles to Idea Cellular for Rs 3,310 crore, Videocon Telecommunications on Wednesday said it would now focus on its non-spectrum related businesses such as enterprise solutions and mobile wallet to earn around Rs 650 crore of profits by 2020. On Tuesday, Videocon had also said it […]
Read More →