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Small Cap Electric Stock Soars Over 300% In 3-Months, hits New 52-Week High

Small cap Electric Equipment Stock, Spectrum Electrical Industries Limited rallied more than 300% in just last 3-months. Last trading price of the stock is Rs 297.15 apiece. The stock hit its new 52-week high in trade today. Check details about the stock below:{photo-feature}...

Govt Levies On Indian Telecom Industry Highest, In World At 58%: Vi CEO

Government levies on the Indian telecom industry are the highest in the world at around 58 per cent which should be reduced to generate operational cash and investments in the networks, a senior official of debt-ridden Vodafone Idea said on Monday. ...

Telecom Minister Ashwini Vaishnaw Asks Telcos, To Gear Up For 5G Launch

Telecom Minister Ashwini Vaishnaw on Thursday asked telecom service providers to gear up for 5G launch, post the issuance of spectrum allocation letters. In a first, the Department of Telecom (DoT) has issued spectrum assignment letters on the same day the ...

Airtel Gets Spectrum Allocation Letter, Sunil Mittal Hails Ease, Of Doing Business

Bharti Airtel received spectrum allocation letter within few hours of making upfront payment to the Department of Telecom, Bharti Enterprises founder and chairman Sunil Bharti Mittal said on Thursday. This is the first time ever that the Department of Telecom (DoT) ...

Tata Comm Gross Revenue Under-Reporting Led, To Rs 645 Cr Lower Govt Fee Collection: CAG

Tata Communications under-reported gross revenue between 2006-07 to 2017-18 which led to a Rs 645 crore lower levy of licence fee during the period, the Comptroller and Auditor General of India (CAG) has said in a report. The CAG, in the ...

5G Auction: Record, Rs 1.5 Lakh Cr Bids; Jio Top Bidder

India's biggest ever auction of telecom spectrum received a record Rs 1.5 lakh crore of bids, with Mukesh Ambani's Jio cornering nearly half of all the airwaves sold with a Rs 88,078 crore bid. Richest Indian Gautam Adani's group, whose entry ...

Govt Extends, Rs 1.64 Lakh Cr Lifeline To BSNL

The government on Wednesday approved a Rs 1.64 lakh crore revival package for BSNL, comprising of converting dues into equity, financial support and allocation of spectrum in a bid to turn around the loss-making telecom PSU. Also, Bharat Broadband Network Ltd ...

Airtel Announces Successful Trial, Of 5G Private Network At BOSCH Facility

Bharti Airtel on Friday announced the successful trial of 5G private network at Bosch Automotive Electronics India facility in Bengaluru. Airtel's on-premise 5G captive private network was built over the trial spectrum allocated by the Department of Telecom (DoT), according to ...

BiofuelCircle Raises, About Rs 6 Cr

Online marketplace for biomass and biofuels, BiofuelCircle has raised USD 0.75 million (around Rs 6 crore) in a funding round led by Spectrum Impact, Better Capital and others. This is the company's second round of seed funding, BiofuelCircle said in a ...

Spectrum Usage Charges, To Reduce For Telcos Buying Radiowaves In Upcoming Auction

The Department of Telecom (DoT) has issued a new order that will enable telecom operators to reduce spectrum usage charges proportionately on buying fresh radiowaves in the upcoming 5G auction. The DoT, in the order dated June 21, has removed spectrum ...

Airtel Prepays Rs 8,815 Cr, Towards Deferred Liabilities For 2015 Spectrum

Telecom operator Bharti Airtel on Friday said it has paid Rs 8,815 crore to the government towards part prepayment of deferred liabilities pertaining to spectrum acquired in the 2015 auction. The prepayment is for instalments due in FY2027 and ...

Cabinet Okays Allocation Of 5 MHz Spectrum In 700 MHz Band To Railways

Union Cabinet led by PM Narendra Modi has given a go-ahead for allotment of 5MHz Spectrum in 700 MHz frequency band to Indian Railways for public safety and security services at stations and in trains. This is another step towards boosting ...

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