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4 stocks with consistent score improvement and upside potential of up to 31% in 1 year, according to analysts
Although the indices are in the green on Monday, the market is extremely volatile. The upmove is being attributed to some recovery in oil prices as a reaction to talk of renewed negotiations to end the US-Iran conflict. But don’t be lulled into complacence by the recent uptick in the indices. The results of the US mid-term elections is the event the market will be watching closely. And which way they go will impact how the global markets behave in the coming weeks.
From Rs 1,000 in 1977 to Rs 52 lakh today: The Reliance wealth story behind Jio’s Rs 10.3 lakh crore valuation in mega IPO
A Rs 1,000 investment in Reliance Industries’ 1977 IPO could be worth nearly Rs 52 lakh today, including shares received through the Jio Financial Services demerger. As Jio Platforms prepares for its Rs 30,200 crore IPO at a Rs 10.3 lakh crore valuation, investors will assess its growth prospects and pricing.
IndiaAI Mission likely to rewire after GPU glitch
The IndiaAI Mission currently has access to about 30,000 GPUs against a total commitment of 45,000. Several firms that had committed capacity have been unable to deliver due to market pressures. The IT ministry is now planning to issue fresh bids while also pressing companies to meet their pledges.
Poor man’s gold may become India's next big story as the silver horse rises
Silver is gaining ground in India as record gold prices push consumers towards a more affordable precious metal. Prices have surged 160% in two years, boosting interest in jewellery, gifting and investment. Jewellers report rising silver demand, particularly among younger buyers, but high prices remain a constraint.
Dollar near two-week high as Warsh boosts rate-hike bets; yen slips past 160
On Monday, the dollar maintained its strength close to a two-week peak, fueled by expectations of a rate hike in September following assertive comments from the Fed. Meanwhile, the yen fell past the crucial 160-per-dollar threshold, raising concerns about possible intervention. As investors await key U.S. economic reports and discussions from the G20 meeting, rising oil prices further bolstered demand for the dollar.
Satcom firms urge DoT not to offer 28 GHz spectrum band for 5G services
The Indian Space Association (ISpA), in a letter to Department of Telecommunications (DoT) secretary K Rajaraman, has urged him to dismiss the sector regulator’s call for co-existence of satellite and 5G mobile services in the 28 GHz band.
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HAL's avionic equipment gets ITSOA certificate for civil platforms, first in India
The ADC/OAT is the first avionic equipment in India that has qualified for ITSOA and will pave the way for the fitment on future civil platforms like Advanced Light Helicopter (ALH), Dornier, Light Utility Helicopter (LUH), SARAS etc.
DoT’s request for formula irks Trai
The Trai Act says the government will seek recommendations from the regulator, then if the government disagrees with the regulation, they would write back to the regulator, asking it to reconsider,” said an official.
Jio has extended the canvas to a 500 million customer base: Sanjay Kapoor, Industry Expert & Former CEO, Bharti Airtel
"For anybody who believed that RIL got into this business to serve only 150-160 million smartphone 4G users after spending Rs 2,00,000 crores probably was not right," said Kapoor.
EXFAQ Systems develops portable plane tracker Falcon; claims device can boost black box data
India’s Directorate General of Civil Aviation (DGCA) mandated that even helicopters, private planes and chartered flights need to have real-time tracking systems.
DoT sitting on 165 applications for additional 2G spectrum
The telecom department is sitting on as many as 165 applications for extra 2G airwaves across the country
3G spectrum auction deferred to Jan 14
The telecom department has also permitted foreign operators to participate in the bidding process on their own.
DoT willing to hike 3G bid price
As per the existing 3G policy unveiled by the communications ministry late last year, the reserve price for pan-India 3G spectrum is Rs 2,020 crore and accommodating five players per circle.
Cabinet likely to clear 3G auctions today
The Union Cabinet is likely to clear the long pending proposal to auction third generation (3G) spectrum, vital for high-end mobile services such as high-speed internet, interactive gaming and ultra-fast downloads on mobiles, on Wednesday.
Cabinet likely to clear 3G auction proposal
Cabinet is likely to clear the long pending proposal to auction for 3G spectrum, vital for high-end mobile services.
Late fee for telcos who miss out in first 3G auction
Highest bid in the first round of 3G auction will become reserve price for the second round of auction. Sins gadget lovers commit | Digital way of biz
Raja may announce 3G, WiMax, MNP policy on Friday
After settling differences with telecom regulator TRAI on reserve price of spectrum, the Government is likely to announce the much-delayed 3G and Wi Max policy on Friday, sources said.
Telecom Commission to deliberate on 3G policy
Telecom Commission will deliberate on the 3G spectrum auction guidelines formulated by the Department and within the next two weeks the policy will be out.
TRAI takes DoT call on 3G, WiMAX reserve price
TRAI has decided to approve the department of telecom’s plan to double the reserve price for pan-India 3G spectrum auction to Rs 2,260 crore. The regulator is likely to inform DoT of its decision on Saturday.
3G operators must go rural
Telcos in the upcoming 3G auctions will not be allowed to restrict these high-end services to just metros and large cities.
Raja's 3G foreign push hits DoT roadblock
DoT has prepared a note for prime minister listing out the advantages of limiting the upcoming 3G auctions to existing players.
DoT plans limited 3G auction by end of year
The department of Telecom plans to auction third generation (3G) spectrum in two phases-the first by 2008-end and the next after March, 2009. Wacky gadgets
CCEA set to release Rs 1,077 crore for defence network
The Cabinet Committee on Economic Affairs is likely to approve on Thursday the communications ministry’s request for additional funds to set up an alternate network project for the defence services.
Dollar slips against euro ahead of G7 meeting
The dollar dipped against the euro in Asian trade on Friday as expectations of efforts by world finance chiefs to talk up the sagging greenback faded ahead of a key meeting in Washington, dealers said.
India's exports slowing to $140 bn
Exports are likely to be around $140 billion during the year to end-March 2008, lower than the annual target of $160 billion.
Foreign players may still miss the 3G bus
New entrants, including foreign telcos, may miss the 3G bus notwithstanding telecom minister A Raja saying that all telcos would be eligible to bid for 3G spectrum.
3G policy paves way for foreign players
Mobile users in India will finally have access to high-end data applications on their mobile, including high speed interactive gaming and internet access. Phone etiquette
DoT plans US model for 3G spectrum auction
The DoT has decided to go for a “controlled ascending” auction rather than a direct auction for allocating 3G spectrum.
BSNL questioned on Motorola issue
DoT questioned PSU's decision to disqualify Motorola from participating in the financial bid.
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