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Ericsson has reported reduced losses during quarter ended March 2018, when compared to the same quarter an year ago. The company’s net loss during quarter-ended March 2018 stood at 300 million Swedish krona ($35.6m) as against a loss of 11.3…
According to data by research and data analytics firm, Tracxn, the SoftBank Group, including the SoftBank Vision Fund, has invested more than $8 billion in the Indian e-commerce and internet market during the last five years, thus making it the…
Wipro’s revenue and profitability are set to get impacted for a second consecutive quarter due to some clients filing for bankruptcy. According to the company, its profitability will be impacted by 0.65- 0.75 per cent, primarily due to one of…
The cabinet has cleared the sale of 180 million equity shares of ITI Limited through a follow on public offer (FPO), which will help the company meet the minimum 25 per cent public shareholding norm.
In a regulatory filing to the Bombay Stock Exchange, Bharti Airtel has stated that it has received approval from the board to raise up to Rs 165 billion for refinancing debt and paying for spectrum liabilities.
Reliance Communications Enterprise, a promoter firm of operator Reliance Communications (RCOM) has pledged shares worth Rs 3.04 billion with Housing Development Finance Corporation Limited (HDFCL).
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- Idea Cellular raises Rs 35 billion through QIP at Rs 82.50 per share
- ACT plans an IPO to raise around Rs 20 million; hires investment banks
- Price wars and IUC cut take a toll on Vodafone India’s revenue during Oct-Dec 2017
- Jio turns profitable; posts a standalone net profit of Rs 5.04 billion during Oct-Dec 2017
- Route Mobile files draft IPO prospectus to SEBI
- Bharti Airtel posts results for quarter ended December 2017; profits continue to plunge
- Bharti Infratel posts results for quarter ended December 2017; profits dip by 6 per cent
- Sterlite Tech delivers sustained growth, records strong performance during Oct-Dec 2017 quarter
- Merrill Lynch Markets Singapore Pte Limited sells Bharti Airtel shares worth Rs 19.31 billion
- Payments solutions provider Razorpay raises $20 million in Series B funding
- Xiaomi selects joint sponsors for its proposed IPO
- Samsungs posts record high profits on the back of skyrocketing semiconductor business
- MobiKwik plans to raise $60 million by March 2018
- One97 Communications and Vijay Shekhar Sharma infuse Rs 1.22 billion in Paytm Payments Bank
- MTNL reports a net loss of Rs 7.31 billion for the quarter ended September 2017
- Aksh Optifibre reports net profit of Rs 50.6 million for the quarter ended September 2017
- Lenovo agrees to buy 51 per cent stake in Fujitsu’s PC unit for $269 million
- First Carlyle Ventures Mauritius sells 9.86 per cent stake in Cyient
- NTT DOCOMO gets $1.2 billion payment from Tata Sons to settle all disputes
- Bharti Telecom to acquire upto 4.62% stake in Bharti Airtel
- Ericsson reports combined revenue of SEK 7.5 billion for South East Asia, Oceania and India for the quarter ended September 2017
- Sterlite Technologies’ net profits surge 40% in June-Sept 2017, driven by demand for OFC
- Paytm Payments Bank approves Rs 600 million rights issue
- BSNL manages to sustain revenues during 2016-17, despite tough competition in the sector
- MTNL posts a loss of Rs 7.03 billion during the quarter ended June 2017
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