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tcs: Five of top 10 firms lose Rs 86,447 crore in market cap; Infosys, TCS, SBI hit hard

Five of the top 10 most valued firms together lost Rs 86,447.12 crore in market valuation last week, with Infosys, Tata Consultancy Services and State Bank of India taking the biggest hit. Last week, the BSE benchmark fell 462.8 points or 0.79 per cent. While Reliance Industries Limited, Tata Consultancy Services (TCS), HDFC Bank, Infosys and State Bank of India suffered erosion from their valuation, ICICI Bank, Hindustan Unilever Limited, ITC, HDFC and Bharti Airtel posted gains. The market capitalisation (mcap) of…

The Great 5G Battle: Jio vs Airtel – which telco has an edge and why?

Image Source : FILE The Great 5G Battle: Jio vs Airtel - which telco has an edge and why? In India's telecom sector, there is a fierce battle between the two major companies- Airtel and Jio regarding the 5G expansion in India. Both telecom companies have been racing to spread their 5G network in the country as soon as possible. But this is where Airtel has clearly…

Sequoia’s Shailendra Singh interview; govt sets up platform for user complaints against social media firms

It's Tuesday today. More remarkably, it is the last day of February, bringing two months of 2023 to a close, already! To make things interesting, we have some big stories lined up for you in today's edition of the ETtech Morning Dispatch. Also in this letter:■ Usage fee on OTTs: Telcos dismiss net neutrality argument of IAMAI■ Deepinder Goyal sees Zomato making over $1 billion profit in 7-8 years■ Corporate India skilling staff on war-footing to stay ahead Exclusive: Sequoia's Shailendra Singh on corporate governance,…

SoftBank, Ant Group to Sell Paytm Stakes via Block Deal After Failed Talks With Bharti Airtel Founder: Report

China's Ant and Japan's SoftBank are likely to offload their stakes in Indian digital payments firm Paytm in the open market, after talks with Bharti Airtel founder failed, the Economic Times reported.Shareholders and investment banks representing Ant and Softbank had earlier approached Bharti Airtel founder-chairman Sunil Mittal with an offer to sell their stakes in One 97 Communications, which owns Paytm, according to the report on Monday, citing people familiar with the matter.Ant is the largest shareholder in the…

Bharti Airtel gets 15 Lakh new subscriber in December 2022- Report

Image Source : INDIA TV Airtel With the launch of 5G technology in India, Bharti Airtel has been constantly expanding its wireless subscribers for more than a year now. It has been reported that the telecom has marked the fourteenth month of continuous wireless additions, since December 2022.  The TRAI (Telecom Regulatory Authority of India) has unleashed the…

69 percent respondents face call drop, connection issues: Survey

A majority of respondents in a survey claimed that they face call drop or call connection issues on any given day, online survey firm LocalCircles said on Thursday.According to the survey report, 28 per cent respondents said that they get uninterrupted access to 4G or 5G network while 32 per cent shared that they do not have access to 4G or 5G services most of the time despite paying for it. "Sixtynine per cent mobile service subscribers face call connection/call drop problems on any given day," the report said. The

Airtel Prepaid plan worth Rs 359: Price, validity and offers

Image Source : INDIA TV Airtel Prepaid Plan update Bharti Airtel, one of India's largest telecom operators, has increased the validity of its Rs 359 plan for its prepaid users. ALSO READ: 5 budget smartphones under Rs 15,000 The plan, which was previously offered 28 days of validity, now offers a validity of 31 days. Another detail of the plan includes features…

Reliance Jio, Airtel Mobile Users Tally Increased in November, While Vodafone Idea Faces Loss: TRAI

Reliance Jio and Bharti Airtel cumulatively gained nearly 25 lakh mobile subscribers in November even as troubled Vodafone Idea lost nearly 18.3 lakh customers, according to data by sector regulator TRAI. India's largest telco Reliance Jio cemented its lead in the market adding 14.26 lakh net subscribers in November, whereas Airtel added 10.56 lakh users.At the end of November 2022, Jio's mobile subscriber tally stood at 42.28 crore, the levels rising from 42.13 crore during the previous month.Bharti Airtel's subscriber…

Airtel Prepaid Plans for Rs 479, Rs 549 and Rs 699, validity for 56 days

Image Source : INDIA TV Airtel Bharti Airtel is reportedly offering three prepaid plans for customers which will be valid for 56 days. The three telecom plans are available at three price tags- Rs 479, Rs 549 and Rs 699. The plan will last for almost 2 months with add-on benefits.  Here are the details for the 56 days validity: Airtel Rs 479 Plan This prepaid plan is…

ashneer grover bharatpe: BharatPe appoints three top executives amid legal battle with Ashneer Grover

IPO-bound fintech platform BharatPe on Tuesday announced three key appointments, along with hiring Ambuj Bhalla as its chief information security officer (CISO), as it fights a legal battle with former cofounder Ashneer Grover in the Delhi High Court.BharatPe also announced the appointment of Rahul Bhatia as Head of Internal Audit and Ravinder Oberoi as Head of Compliance."As we focus on getting IPO ready, it becomes essential for us to ensure that data privacy, cyber security, corporate governance and compliance are…