Bharti Infratel, Indus merge, create world's largest non-Chine...

The big advantage that Jio is able to garner currently is its low cost of operations.Surajeet Das Gupta reports. Illustration: Uttam Ghosh/Rediff.com Reliance Jio's goals are unambiguous. It wants to grab 50 per cent of the revenue market share in the mobile business, which roughly comes to getting around 400 million customers and achieving a multifold increase in data usage.   But currently with an over 22 per cent of the revenue share and about 162 million customers, that target is still ...

Posted by Equitymaster Global financial markets ended the holiday shortened week with modest gains. The rally put behind days of decline as concerns regarding swift interest rates hikes were put to ease. Earlier in the week the Dow and S&P continued to ...

New Delhi: Telecom major Idea Cellular has announced the successful closure of its qualified institutions placement, raising a sum of Rs. 3,500 crore. The company issued and allotted approximately 42.42 crore equity shares of face value of Rs. 10 each to ...

As per incoming reports, Aircel has become 4th telco to vanish off the radar, after brutal Jio tsunami hit the Indian telecom sector. Unable to cope with the debt of Rs 15,000 crore, Aircel will soon file for bankruptcy, and maybe dissolve all their existing ...

Posted by Equitymaster After opening the day in green, share markets in India witnessed choppy trading activity throughout the day and are presently trading flat. Sectoral indices are trading mixed with stocks in the banking sector and stocks in the PSU ...