Trai termed as "baseless" the COAI's allegations that its orders appeared to be favouring 1 operator, and cautioned industry body against making unsubstantiated charges.
Sensex, which opened at 34,053.95 points, traded at 33,640.79 pts -- down 369.97 pts or 1.09% from its previous close.
Messaging app Hike announced a strategic pact with Airtel to embed its new service Total' on mobile devices under the telecom operator's Mera Pehla Smartphone initiative.
Among the 30-share Sensex stocks, four companies were trading in green led by Tata Steel, Bharti Airtel, Larsen & Toubro and ICICI Bank.
Singtel said it would spend up to $413 million on shares in Bharti Telecom, lifting its stake slightly in the holding company for Bharti Airtel to just under half.
Merrill Lynch offloaded shares worth Rs 1,931 crore in telecom operator Bharti Airtel, through an open market transaction.
Sensex hit new life-time intra day high of 34,565.63 in opening session, extending its record-setting spree for a 4th session on buying by domestic investors.
The Idea Cellular board approved raising about Rs 3,250 cr from entities under the promoter Aditya Birla Group by issuing 32.66 cr equity shares on a preferential basis.
Sunil Bharti Mittal seemed to regret venturing into Africa when he termed it "a bit rushed" move that took years of his personal time and resources to fix it.
Mukesh Ambani looks set to preside over India’s first $100 billion-plus company. The tycoon’s RIL is likely to attain a twelve-digit market capitalisation in 2018.
Joint venture partner is exploring stake in Max Healthcare
Life Healthcare Group Holdings Ltd Has Initiated Preliminary Discussions With Max India, Company‘s Joint Venture Partner In Max Healthcare Institute
Talks Explore Possibility Of Max India Acquiring Life Healthcare‘S Equity Interest In Max Healthcare Institute Limited
Board approves amalgamation of Co with IDFC Bank Ltd
National Housing Bank has intimated that it has no objection for the amalgamation
Board approves purchase of entire shareholding held by Usha International
To pay a consideration of Rs 24.83cr which will be paid over 12 months
EROS INTERNATIONAL , RIL
In Pact with Eros India to Set-Up $150 Mn Fund to consolidate content
RIL, Through Unit, agreed to subscribe to 5% stake in NYSE Listed Eros
RIL, Co agreed to partner in india to jointly produce, consolidate content
Jyoti Deshpande to head RIL's Media & Entertainment Business