Business
Jio competitors see washout in Q3, losses likely in Q4 too

The balance-sheet of major telecom operators in India -- Bharti Airtel, Idea Cellular and Reliance Communications -- came under major pressure in the third quarter (October-December) of the current fiscal and the trend is likely to continue in the fourth quarter, say the experts.

Nifty50 to exclude BHEL, Idea Cellular from March

 Stock exchange major, National Stock Exchange (NSE), on Thursday said that Bharat Heavy Electricals Ltd (BHEL) and Idea Cellular will be excluded from its benchmark Nifty50 index.

Idea Cellular Q3 loss at Rs 478.9 crore

Idea Cellular reported a loss of Rs 478.9 crore for the third quarter of the current fiscal, a company statement said here on Saturday.

IDBI Bank posts net loss of Rs 2,254 crore

IDBI Bank on Tuesday said it closed last quarter with a higher net loss of Rs 2,254.96 crore.

Smartron announces investment in Volta Motors

Smartron, a Hyderabad-based start-up, Monday announced that it will invest in Volta Motors, a Chennai-based automotive company that is designing and developing sustainable electric vehicles.

Huawei, Oracle collaborates to help power companies

Huawei and Oracle officially signed a 'Power IoT Ecosystem Partnership' memorandum of understanding (MoU) which will enable a robust end-to-end "Advanced Metering Infrastructure" (AMI) solution helping power and grid companies to improve customer experience and operation efficiency, achieve energy saving and emission reduction.

Carragher feels Liverpool needs change of plan

Former Liverpool defender Jamie Carragher said the Merseyside football club needs a "a different plan" if it is to improve and it has only the sixth-best squad in the English Premier League.

Australia-New Zealand second ODI called off due to rain

Incessant rain and a wet outfield forced the second One-day International (ODI) cricket match between Australia and New Zealand to be called off without a ball being bowled here on Thursday.

Airtel hails Vodafone-Idea merger plan with a rider

 A day after Vodafone confirmed that it is in talks with the Aditya Birla Group for the merger of its Indian entity and Idea Cellular, the country's largest telecom player Bharti Airtel on Tuesday welcomed the move, but said such consolidations should not be an outcome of a forced situation.

Budgetary expectations buoy Indian equities

Hopes of budgetary sops and a strong rupee buoyed the Indian equities markets during the mid-afternoon trade session on Monday.

Vodafone confirms talks with Idea for merger

 Ending months of speculation, Vodafone on Monday confirmed it is in talks with the Aditya Vikram Birla group for the merger of its Indian entity and Idea Cellular in what will be the largest such deal in the country's telecom space once it materialises.

Indian nuclear sector does not expect budget bounty, unlike last year

After getting a firm commitment of Rs 3,000 crore allocation over the next two decades for atomic power projects in the last Union Budget, the nuclear power sector is not expecting anything new in the upcoming 2017-18 budget, said the Atomic Energy Commission chief.

Budgetary expectations to keep equities markets volatile (Market Outlook)

The Indian equities markets are expected to be volatile as investors look forward to more policy reforms, sops and tax breaks from the Union Budget.

Bankers expect credit demand to improve, want regulator for fintech

Indian bankers expect demand for credit to improve in 3-6 months after demonetisation of Rs 500 and 1,000 notes slowed it down, finds a banking survey.

Budget thrust needed on sectors hit hardest by cash crunch: Crisil Research TVS Motor net up to over Rs 132 cr Demonetisation triggers 30.5% drop in smartphone sales: IDC Key Indian equity indices open in red Yes Bank net soars to Rs 882 cr Coca-Cola India announces new organisation structure MobiKwik appoints Daman Soni as VP for Growth Key Indian equity market indices open flat Mukesh Ambani urges youths to make this 'an Indian century' Quarterly results, GST meet to guide equities Key Indian equity indices trade in red during afternoon session Digital payment providers to fix firewalls as transactions swell Online shopping rises to 83% in 2016: Report MobiKwik offers zero surcharge at petrol pumps, LPG payments BMW 'absolutely committed' to new Mexican plant Petrol pumps will not accept payment through cards from Monday Steel exports grow 92% in December Macro data, earning results to determine equities' movement (Market Outlook) Volkswagen to recall nearly 50,000 vehicles in China Key Indian equity indices trade higher during early session Yes Bank, Gupshup launch chatbot for loan products Indian equities rise on positive global cues IBM appoints Karan Bajwa as Managing Director HDFC cuts interest rates on housing loans Indian equities open on negative note India's core infra industries' output grows by 4.9% in November Rupee, rates, reform, to be major themes for domestic bourses (2017 Outlook) Rates, rains, reforms buoy Indian equities (2016 In Retrospect) Unemployment reaches record high in Brazil 'Amazon Launchpad' receives 400 applications in two weeks
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