Major media firms struggle to attract investor interest

Mumbai (IANS) Indian media firms are struggling to attract investors and stocks of media firms, along with manufacturing and auto companies, are witnessing a sharp decline on the bourses for the past months.

Some of the country's largest…

Trai fixes ringer time for landline, mobile calls

New Delhi (IANS) Telecom regulator Trai on Friday fixed phone call ring time at 30 seconds on mobiles and 60 seconds for landline phones, introducing such a time limit for the first time.

This is the ringer time in case the call is neither…

Sensex opens above 40,000, banks gains

Mumbai (IANS) Sensex opened above the 40,000 marks with a marginal gain on Friday.

At 9.46 a.m., the Sensex was up 39.82 points at 40,168.87 while the Nifty was trading 10 points higher at 11,887.45.

The Sensex opened at 40,196.07 on…

India's core sector growth shrinks by over 5%

New Delhi (IANS) The output rate of India's eight major industries contracted by over 5 per cent in September.

According to the Index of Eight Core Industries, September's contraction came after a marginal growth of 0.1 per cent registered…

Legal expert says waiving of govt dues for TSPs would be against SC order

New Delhi (IANS) Legal expert Manoj Kumar has said that waiving of government dues for private telecom service providers (TSPs) would be against the Supreme Court order.

Manoj Kumar, Founder and Managing Partner, Hammurabi & Solomon Partners…

Sensex logs all time high of 40,329 after Fed's rate cut

Mumbai (IANS) The benchmark equity index, Sensex, surpassed its previous lifetime high during the early trade on Thursday.

The Sensex peaked at 40,329 after the US Federal Reserve slashed it interest rates for the third time this year.

Markets open on positive note

Mumbai (IANS) The 30-scrip Sensitive Index (Sensex) on Thursday opened on a positive note.

The Sensex of the BSE opened at 40,211.99 and touched a high of 40,245.82 and a low of 38,587.79 after closing at 40,178.25 on Tuesday.

The Sensex…

Jio hits back at COAI as internecine warfare begins in telecom again

New Delhi (IANS) Telecom Secretary Anshu Prakash on Wednesday met Cabinet Secretary Rajiv Gauba to discuss the way forward for the Committee of Secretaries set up to consider a relief package for the telecom sector.

The CoS has been set up…

Telecom circles abuzz: Vodafone to exit India

New Delhi (IANS) The telecom regulatory world is abuzz with feverish talk that the imperilled telecom operator, Vodafone, is ready to exit its India operations.

An email questionnaire was sent by IANS to a Vodafone-Idea spokesperson in India.…

Expected tax relief buoys Sensex, capital goods stocks' rise

Mumbai (IANS) Expectations of further relief measures from the government in the form of tax cuts, along with hopes of healthy quarterly results, buoyed the key Indian equity indices higher during the early-morning trade session on Wednesday.