Bharti Airtel has approached the Competition Commission of India accusing Reliance Jio Infocomm of predatory pricing and indulging in an anti-competitive behaviour.
FlashNews:
RIL & Adani Group withdraw bid to acquire SKS Power Generation
Ahmednagar to soon have its first solar agri-feeder
Brookfield to Acquire KKR’s 50% Stake in Renewable Developer X-Elio
SCHOTT enters PPA with CleanMax for Wind Solar Hybrid Project
Power Grid Corporation receives 6 Special Purpose Vehicles from REC
Power Finance Corporation to receive Rs 165 cr loan from Japan’s JBIC
Delhi aims to meet annual electricity demand through solar power
BCCL signs 1st MDO contract for coking coal extraction
NTPC REL: Sterling & Wilson Renewable Energy bags order
GAIL and Shell reach an agreement to discuss ethane supply
NTPC commissions green coal plant in Varanasi
Power plants in Delhi fails to adhere to biomass co-firing policy
JSW Steel plans to invest in a virgin coking coal mine
Adani Transmission gets certified as single-use plastic-free firm
Coal India targets 156 MT coal supply to power sector in April-June
NLC establishes green energy joint venture with Assam Discom
GMDC bags 2 coal blocks in Odisha
2,000 MW renewable energy projects to be developed by Onix Group in UP
RBI grants IREDA the status of Infrastructure Finance Corporation
Tag: Idea
Stalwarts Aboard
Flipkart appointed former Unilever executive Sriram Venkataraman as the Chief Financial Officer for its commerce platform and Pramod Jain of Indus Towers Ltd as Vice President and Head of Taxation.
Top three telcos corner 91% revenue in Q1
Once Reliance Jio starts operations later this year, the telecom sector is expected to see some serious disruption. For now, the three big boys of the sector - Bharti Airtel, Vodafone and Idea - are growing at a blistering pace, and at the expense of smaller rivals. In the first quarter, the three accounted for 91 per cent of the sector´s incremental revenue.
A call on telecom
India´s telecommunication network is the third largest in the world and the second largest among the emerging economies of Asia. It has witnessed phenomenal growth over the last decade as substantiated by the following facts and figures