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Telecom Stocks Tumble Up To 6.5%
Shares of Bharti Airtel plunged 5.99 per cent to Rs 461.45 on BSE. The scrip of Idea Cellular tumbled 6.48 per cent to Rs 92.95 and Reliance Communications (RCom) lost 2 per cent to Rs 28.60.
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Anil Ambani Pledges 'Largest-Ever Debt Reduction' By One Indian Company
Reliance Communications Ltd.'s lenders have agreed to a seven-month moratorium on the debt obligations of Indian billionaire Anil Ambani's wireless business, which has been battered by investors questioning the company's creditworthiness.
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Reliance Communications, MTS in Talks to Merge Telecom Business in India
RCom on Monday confirmed it is in talks with AFK Sistema, the owner of the MTS brand in Indai, about a merger via stock swap.
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Reliance Communications share prices surge post-impressive quarterly results
Stock prices of Reliance Communications surged on Wednesday after the company announced impressive quarterly results post-market close on Tuesday.
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Telecom stocks rally over mobile tariff hike buzz
Leading telecom companies have already hiked 2G data rates and have been saying that they need to raise voice tariffs as well because they not able to recover costs.
-
Telecom Stocks Tumble Up To 6.5%
Shares of Bharti Airtel plunged 5.99 per cent to Rs 461.45 on BSE. The scrip of Idea Cellular tumbled 6.48 per cent to Rs 92.95 and Reliance Communications (RCom) lost 2 per cent to Rs 28.60.
-
Anil Ambani Pledges 'Largest-Ever Debt Reduction' By One Indian Company
Reliance Communications Ltd.'s lenders have agreed to a seven-month moratorium on the debt obligations of Indian billionaire Anil Ambani's wireless business, which has been battered by investors questioning the company's creditworthiness.
-
Reliance Communications, MTS in Talks to Merge Telecom Business in India
RCom on Monday confirmed it is in talks with AFK Sistema, the owner of the MTS brand in Indai, about a merger via stock swap.
-
Reliance Communications share prices surge post-impressive quarterly results
Stock prices of Reliance Communications surged on Wednesday after the company announced impressive quarterly results post-market close on Tuesday.
-
Telecom stocks rally over mobile tariff hike buzz
Leading telecom companies have already hiked 2G data rates and have been saying that they need to raise voice tariffs as well because they not able to recover costs.
