bharti airtel

Telecom operators in the country added a record 16.67 million new mobile subscribers in October, the highest ever, driven mainly by the newly introduced per second billing plan. According to Telecom Regulatory Authority of India (TRAI), India added 16.67 million wireless subscribers--GSM, CDMA and FWP combined--taking the total wireless subscriber base to 488.4 million at the end of October. Tata Teleservices was the top grosser of subscribers with 3.87 million new users, followed by Vodafone at 2.98  

Late-noon short selling boosted markets to stage a spectacular recovery on the last trading day this week. The Sensex gained 173 points from last week's close to end with a gain of 1% at 17,022. The Nifty surged 1% to 5,052, helped by banking and oil stocks.

The uptrend in the market is on sustained liquidity and we can expect more fund flow to India when other BRIC nations either imposed tax or plans to impose tax on capital inflows   -Alex Mathews

 

The Nifty strengthened in the second half of trade and recovered all of yesterday's losses post government's comments on P-notes and source based news on banks' consolidation. It closed above the 5,050 level while the Sensex ended above the psychological 17,000 mark. The benchmark indices witnessed consolidation in the first half of trade.  

The Sensex of Bombay Stock Exchange (BSE) today ended at 17,021.85 with a smart recovery of 236.20 points, as against its overnight finish at 16,785.65 points. The 30-scrip index registered the day's high and low at 17,041.79 and 16,635.75 points, respectively. The Nifty of National Stock Exchange (NSE) also bounced back by 63.45 points to finish at 5,052.45 points, compared to its previous day's close at 4,989.00 points.  

 

New Delhi, India, November 20, 2009 --( PR.com )-- Bharti Airtel, Asia's leading integrated telecom service provider, today announced flat call rate of 1.25 cents/min for calls from US to Gujarat, Mumbai, Maharashtra and Rajasthan on its calling card service, Airtel Call Home. The $14.99 plan has a talk time of 1199 minutes on local access. This is applicable on calls terminating on any phone in these states. With the extended validity, the talk time can be enjoyed for 60 days.  

Investors drove up stock prices today, pushing the market bellwether Sensex higher by 236 points, as they lapped up shares following broad hints that the government won't constrain foreign fund inflows. Planning Commission Deputy Chairman Montek Singh Ahluwalia reportedly ruled out the possibility of imposing tax to curb foreign funds, key for developing infrastructure in the country. After a two-day downward correction, the Bombay Stock Exchange 30-share barometer bounced back to settled the day at 1  

Bombay Stock Exchange's Sensex ended at 17036.19, up 250.54 points or 1.49 per cent. The index touched a high of 17040.71 and low of 16635.75. National Stock Exchange's Nifty closed at 5059.55, up 70.55 points or 1.41 per cent. The broader index hit a high of 5063.30 and low of 4932.80. BSE Midcap Index was up 1.21 per cent and BSE Smallcap Index moved 0.42 per cent up.  

The BSE Sensex climbed 1.4 percent on Friday and helped stretch weekly run of gains to three in a row, after higher European markets lifted investor confidence from an early slide. Banks led the gainers with sentiment also boosted by an assurance the government was not planning to tax foreign capital inflows. Montek Singh Ahluwalia, deputy chairman of the Planning Commission and a close confidant of the prime minister, told Reuters the government wants an increase in foreign investment and there was n

We now recognise that JLR's demand environment is better than we expected and, combined with cost-cutting measures, should support a strong profit rebound over FY11-12   -CLSA