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Indian Equity Movers: Bharti Airtel, Fortis, Jyoti Structures
Bloomberg
Bharti Airtel Ltd. (BHARTI) retreated 1.2 percent to 436.10 rupees, on course for the biggest drop in a week. "Hyper competition" among Indian mobile-phone service providers is "abating," Sunil Mittal, chairman of the company, said in the annual report ...
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Airtel shifts part of its OOH duties to US Advertising
afaqs!
By Nandana Das, afaqs!, New Delhi, August 02, 2011 The agency will handle Airtel's Delhi, Rajasthan and Gujarat circles; the account size is estimated to be Rs 60-80 lakh. Telecom major Bharti Airtel, commonly known as Airtel, has recently handed over ...
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Airtel goes back to drawing board
The Standard
By KENNETH KWAMA A planned restructuring targeting mid-level management at Airtel is causing boardroom unease at Kenya's second largest mobile provider by subscriber base. Several senior staff have quit in a huff as a result of a process expected to ...
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Bharti Airtel has target of Rs 452: Salil Sharma
Moneycontrol.com
Sharma told CNBC-TV18, "Bharti Airtel is looking very strong and I would still suggest a long trade in it with a stoploss of maybe Rs 422 and a possible target of close to Rs 452 in the week or so because whenever or whichever day the market tends to ...
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Airtel moots Rs. 70-cr pay packet for Mittal
CIOL
Airtel says the total remuneration that Mittal gets will not increase during FY12, and the proposal does not mean that Mittal's salary would be increased to Rs. 70 crore BANGALORE, INDIA: Though the telecom service providers are struggling hard to ...
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Telecom Commission approves major policy changes; includes uniform revenue ...
Economic Times
This implies companies such as Bharti Airtel, Vodafone Essar and Idea Cellular, among others, which currently hold up to 10 MHz of 2G airwaves in many regions, will be given only 6.2 MHz when they renew their permits at market rates. ...
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CCTV camera project for Ahmedabad put on fast track
Daily News & Analysis
So far, apart from BSNL, Airtel, Tata Teleservices and Cisco have evinced interest in the project. "It is an elaborate project and may be implemented in phases. The cameras will be installed on main crossroads and important junctions. ...
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Telecom shares slide on profit taking
India Infoline.com
Teleom shares had surged recently after Idea Cellular and Vodafone-Essar, last week, raised call rates on some prepaid plans in some circles, taking a cue from a similar move by Bharti Airtel recently. Bharti Airtel fell 1.82% to Rs 433.10. ...
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TTCB struggle for 20/20 sponsorship
Trinidad News
By Kern Ramlochan Sports Editor Tuesday, August 2 2011 Sponsorship for the Trinidad and Tobago cricket team has been adversely affected by being placed in the qualifying round for the third edition of the Airtel Champions League T20 tournament in India ...
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Why companies are rated higher than their governments...
Equitymaster.com
As per Mr Sunil Mittal, Chairman of Bharti Airtel, the mobile market has started to show signs of competition abating in recent times. He has also stated that the market is now headed for consolidation. This is mainly due to the squeezed margins which ...
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`80 pct of MDs in multinationals not nationals`
IPPmedia
Airtel Tanzania Limited chief commercial officer Chiruyi Walingo made the call in a keynote address he made at the monthly Marketers' Night on Friday that brought together over 100 marketers in Dar es Salaam. "A survey of top 50 multi-national ...
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Auto shares advance after mixed July sales data
India Infoline.com
Telecom majors Bharti Airtel and Idea Cellular hit 52-week highs. Auto stocks rose on bargain hunting after mixed July vehicle sales data. The market breadth, indicating the overall health of the market, was negative. The market jumped in early trade ...
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Thousands of Citizens Contribute to 'Kenyans4Kenya' Initiative
Middle East North Africa Financial Network
You can also send you contribution through Mpesa pay bill number 111111 and KCB account number 11 33 33 33 38 or through Airtel Money. Simply select the send money option on Airtel money, enter the word Red Cross as nickname, enter the amount and then ...
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Sensex up 117 pts on global market rally
Indian Express
New Delhi: Bharti Airtel has said that it has sought shareholders' approval for an up to Rs 70 crore annual pay package to chief Sunil Mittal in the next five years, but any hike would not be given in the current fiscal.
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NSN keen to roll out 'shared' infrastructure in Kenya
TeleGeography
According to Business Daily Africa, Nokia Siemens Network (NSN) is set to commence construction of 'open access' telecoms infrastructure in Kenya, with a view to leasing it to the country's four mobile phone operators – Safaricom, Telkom Kenya, Airtel ...
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Niger seeks new buyer for Sonitel
TeleGeography
The country has become something of a telecoms hotspot in recent years, with Bharti Airtel, France Telecom and Atlantique Telecom all operating there. CommsUpdate reported in June 2011 that the Nigerien government had cancelled a deal to sell a ...
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Breast Cancer Scratch Cards launched
Ghana News Agency
Mr Gaddiel Edusa-Eyison, a fundraiser and Chief Executive Officer, Card Solution Ghana limited, said the PINS could be sent by text to MTN on short code 1986; Vodafone/Airtel/Expresso – 1401 and tiGO - 46737494554 at a fee of 12 Ghana pesewas. ...
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A broad-based decline
India Infoline.com
Bharti Airtel and United Spirits unveil Q1 results tomorrow, 3 August 2011. Adani Power, Mundra Port And Special Economic Zone and Indian Hotels announce Q1 results on Thursday, 4 August 2011. Cipla and IL&FS Transportation Networks are set to announce ...
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Airtel Zambia donates to Mwansabombwe school
Telecompaper (subscription)
Airtel Zambia has embarked on the construction of additional classroom blocks at Kabumbu Basic School in Mwansabombwe at a cost of ZMK 225 million under the company's Corporate Social Responsibility (CSR) initiative. The mobile operator also donated ...
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Mobile Phone Market Rules Could Relax
Island FM
Right now, Sure has to give Wave and Airtel-Vodafone 21 days notice of any price changes - it's suggested that is among the obligations that are scrapped. The OUR says giving them more freedom, will reduce their costs...and in turn any savings may get ...
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Short-term funds less risky now: Arvind Bansal, ING Mutual Fund
Economic Times
In a bull market, any equity investment may provide a return, but when the tide turns, as it is now, it is safer to invest in a fund focused on a fund that invests in large-cap companies such as Bharti Airtel, Infosys and Larsen & Toubro, as they could ...
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Deals India: Morning News Roundup
Wall Street Journal
Consolidation in India's telecommunications industry is imminent even as competition eases and call tariffs stabilize, Sunil Mittal, chairman and managing director of Bharti Airtel said. A private equity (PE) fund may invest in unlisted equity or ...
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2G scam: Swan promoter Usman Balwa accuses CBI of holding back crucial information
Economic Times
He argued that when Tata, Airtel and Vodafone got mobile permits at 2001 prices without auction, the loss to the state was not questioned and no investigation was conducted. "Hundreds of licences were given between 2001 and 2008 based on the same ...
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Idea Cellular retracts from 52-week high on profit booking
India Infoline.com
Idea Cellular recently increased telephone tariffs by 20% for certain prepaid plans in some telecom service areas soon after a hike in rates by Bharti Airtel. Idea Cellular's earning before interest, taxation, depreciation and amortisation (EBITDA) ...
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Augere Wireless firms up broadband plans
Financial Express
In the BWA auctions held June last year, Mukesh Ambani-owned Reliance Infotel had won the bid for all the 22 circles on offer, while Aircel won eight, Bharti Airtel and Qualcomm won in four circles and Tikona in five circles. BWA spectrum winners will ...
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<B>Vanita Kohli-Khandekar:</B> Walt Disney, UTV and the quest for size
Business Standard
At $17 billion, the entire media and entertainment industry in India is less than half the size of the country's largest telecom company, Bharti Airtel. It is only recently that the two biggest companies – the Zee group and Times Group – hit the ...
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Asian Markets Fall on Weak US Data
Morningstar.com
Top losers were Jaiprakash Associates, Reliance Communications, Airtel, Sterlite Industries, Hindalco, DLF, L&T, ITC, Infosys, HDFC Bank, Wipro, SBI and ICICI Bank, all down in a range between 1.1% and 2.3%. In Sydney too, markets were spooked after ...
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Bharti backs 70-cr package for Mittal
Times of India
NEW DELHI: Bharti Airtel on Monday proposed an annual pay package of up to Rs 70 crore for its chief Sunil Mittal, besides other benefits, while seeking its shareholders' nod for his remuneration. The proposed package would be more than double his last ...
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Stakeholders bemoan poor GSM services in S-East
Vanguard
According to representatives of the industry operators at the forum, including Globacom, Airtel, MTN, Etisalat, there is a growing trend whereby efforts to expand are being hanpered by frequent resistance by land owners to the siting of masts that ...
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Sharda University Bags the Best Placement Award by HT Shine
Business Standard
In the presence of 150 participants with eminent speakers like Mr. Vineet Nayar ( Chairman & CEO, HCL Technologies), Mr. Chandra Shekhar Verma ( Chairman, SAIL), Mr.Sanjay Kapoor (CEO, Airtel) , HT Shine Conclave got overwhelming response by many ...
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