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SBI-led group of lenders to provide $3.5 billion debt to Vodafone IdeaLenders led by State Bank of India will provide Vodafone Idea $3.5 billion debt financing. This funding aims to help the mobile operator re...
Purple Style Labs shares list at 7% discount to IPO price on NSEThe Rs 680-crore IPO, which opened for subscription on August 31 and closed on September 2, was subscribed 1.29 times overall. Retail inves...
No obvious sector to buy? So try an unconventional way: 7 stocks from different sectors with upside potential of up to 26%So, what to do if you cannot pick a sector to buy into? Forget about themes and waves, and go looking directly for individual businesses th...
Purple Style Labs IPO allotment likely today. Check status, GMP and listing outlookThe retail portion was subscribed 1.66 times, while the QIB portion, excluding anchor investors, was booked 1.5 times. The non-institutiona...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 20%We normally don’t dwell on F&Os in this space. However, it is good to know that, in the current circumstances, an upmove in the indices and...
Purple Style raises Rs 306 crore from anchor investors ahead of IPO; Morgan Stanley, BofA among buyersPurple Style Labs secured Rs 306 crore from anchor investors before its upcoming IPO. The company will open its initial public offering for...
From 100,000 calls a month to 5 million a day: Inside Vobiz’s AI telephony betFounded by Suman Gandham and Vikash Srivastava, Vobiz is betting that the rise of AI voice agents will require a telecom layer built for ma...
In 1942, Loyalhanna Dam went into operation while Pittsburgh factories produced wartime steel and the army relied on 54,000 pigeons. 84 years later, the dam has prevented more than $658 million in flood damage and its cranes are getting a major overhaulTwo 64-ton cranes at Loyalhanna Dam are receiving a major overhaul after eight decades of service. These aging machines manage massive stee...
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsLooking at what happens in the short term is important, as it does have an impact on stock prices. But also always keep an eye on the macro...
Medium-term investing: You cannot remove the risk; try to get the odds in your favour. 5 large-caps with upside potential of up to 25%The mood has improved, but it is too early to give the all-clear. There is still an element of uncertainty in the market. At a time like th...
These large and mid-cap stocks can give more than 20% return in 1 year, according to analystsWhenever there is a correction or volatility, just ask one question: Is it an opportunity, or should one be wary? We are raising this issue...
Internet subscribers cross 109 crore; 2.21 lakh Gram Panchayats made service-ready under BharatNet: GovtInternet subscribers have surpassed 109 crore, and over 2.21 lakh Gram Panchayats are now service-ready. Telephone connections also saw a s...
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsThe price of crude oil is down again despite the escalating tensions in the Gulf region. That augurs well for markets. This does not mean t...
Telecom subscriber base rises to 134.8 crore in June; Airtel leads growth: TRAI dataIndia's telecom subscriber base reached 134.8 crore in June, showing marginal growth. Bharti Airtel and Reliance Jio led subscriber additio...
These large-caps have ‘strong buy’ & ‘buy’ recos and upside potential of up to 29% in one year, according to analystsFor long in the clutches of bears, the Nifty and Sensex now appear to be making serious attempts to think positively. The big question now ...
- Trai likely to have revised impact of spectrum price on tariff
TRAI is likely to revise upwards the impact its proposed minimum price for sale of spectrum will have on mobile telephone tariffs.
- National database of IMEI number on cards
This national initiative will enable mobile service providers to block all services to those handsets that are stolen, in an attempt to pre...
- Telefonica bids 7 billion dollars for Portugal Telecom unit
Spanish telecommunication giant Telefonica has offered 5.7 billion euros to acquire the 50 per cent of Portugal Telecom unit Brasilcel it d...
- US telecom firm to exit Japanese mobile sector
US telecom firm NextWave Wireless has decided to sell its stake in IP Mobile, becoming the second foreign firm to exit Japan's competitive ...
- Tele subscribers in Punjab cross 10 mn mark
The number of telephone subcribers - both fixed and mobile - crossed ten million mark in Punjab in June, while tele density touched 45 per ...