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BANKAM INDIA
‘Jio, Microsoft deal for cloud solutions likely to trigger price disruption’Reliance Industries Ltd. chairman Mukesh Ambani said recently that its telecom arm would offer SMEs a combination of Microsoft cloud soluti...- Vodafone Idea may go with fewer network partnersFinland’s Nokia currently provides networks equipment to the combined Vodafone-Idea Cellular entity in 15 circles, followed by Sweden’s Eri...
- Reliance Jio tower tenancies to help Bharti InfratelAnalysts expect Bharti Infratel to gain 50 per cent of the incremental market share if Jio expands its countrywide base of 4G cell sites fr...
- Merger with Tata to help Bharti Airtel close gap with Vodafone-IdeaEdelweiss backed the view and said such a potential merger would strengthen the bargaining power of DTH companies and help lower content co...
- Reliance Jio's heat may melt top telcos' revenues: AnalystsAirtel, Idea and RCom are likely to report sharply lower earnings in January-March, stung by the second full quarter of Jio's free services...
- 82% users would stick to Jio even after free offers end: Survey96% of those who wish to continue said they want to subscribe to “Jio’s Prime offers”, with the Rs 303 Prime plan being the most popular.
- Reliance Jio move to extend free services offer may hurt top three incumbents moreAnalysts say telcos may slide in data revenue growth, a 15-20% fall in data tariffs and 200 bps decline in Ebitda margins over next six to ...
- Demonetisation: Strong rural exposure may hurt Idea Cellular the most, say expertsInsiders also estimate Idea’s cash-based collections as a percentage of its overall collections will be higher than nearest rivals, making ...
- Reliance Jio’s 4G launch may be pushed to DecemberThe US brokerage expects Jio to delay its 4G launch until “it is confident of creating a strong first impression, both in terms of network.
- IDFC's Ajay Mahajan, 46-year-old banker all set to start his second inningsAjay Mahajan is drafting a business strategy that will shape IDFC's plan in diversifying beyond funding roads and power plants.
- RIL reorganises finance wing with two different CFOsV Srikanth, who joined RIL from Citibank as deputy CFO in August 2010, has been elevated as CFO, placing him on an equal footing with the i...
- With Mukesh Ambani on board, Bank of America wants RBI nod for loans to Reliance IndustriesAccording to Indian regulations, a bank in India is not permitted to lend to any of its directors, and companies where directors have board...
- BankAm Merrill India head & team join JP Morgan ChaseThe team consists of members from equity sales, trading, structured products & fixed income team. Top 20 Global Banks | Top Indian Banks | ...
- DSP Merrill Lynch beefs up i-banking teamBefore being officially taken over by Bank of America, DSP Merrill Lynch is bolstering its investment banking focus by way of senior level ...
- Satyam may suffer if BankAm drops co as vendorThe company is likely to see major impact on its Q3 revenues of this fiscal if BankAm drops Satyam as its vendor. Tackling financial crisis...
- BoA-Merrill may flex its musclesThe acquisition of Merrill Lynch by Bank of America (BoA) could well lead to the combined entity emerging as a formidable force in India.
- Countrywide BPO unit to merge with BankAm armThere will be no job cuts in India after the merger. All Countrywide staff will be switched over to BankAm salary structure, said a source....
- BankAm strengthens treasury services in IndiaWith corporate India widening its presence across the world, US banking giant Bank of America is strengthening its foothold in treasury ser...
- MNC banks’ fund run faces a hurdleThe Reserve Bank of India is unlikely to give foreign banks a free hand in using their erstwhile primary dealership (essentially an NBFC) t...
- BankAm eyes local sticky assets, may set up ARCBank of America plans to foray into the business of purchasing distressed assets from commercial banks in India.
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