Bharti Airtel Ltd (BRTI.BO)
India's stock markets fell more than 1 percent on Tuesday, led by metals and private sector banks as traders and investors grew concerned after crude resumed its slide.
MUMBAI, Feb 2 India's broader NSE index was trading down 0.2 percent in a volatile session on Tuesday, but bank stocks rose on bargain hunting in the beaten-down sector after the central bank left key rates unchanged, as widely expected.
** India's Bharti Airtel gains as much as 2.1 pct to its highest since Jan 22
* Exec says continue to see India margins holding up at above 40 percent
(The following statement was released by the rating agency) SINGAPORE/SYDNEY, January 29 (Fitch) India's telecom regulator recommended a reserve price yesterday of INR115bn (USD1.7bn) per MHz for pan-India 700MHz spectrum. Fitch Ratings believes that efficiency gains from deploying 4G services on 700MHz will be insufficient to offset the relatively high price. The reserve price is about 2.0x, 3.4x and 4.0x of the recommended reserve price for 800MHz, 900MHz and 1800MHz spectrum, respectivel
* Total revenue up 3.7 percent to 240.66 bln rupees (Adds detail, background)
MUMBAI Bharti Airtel Ltd, India's largest telecom operator, said its profit fell 22.2 percent in the December quarter, missing analyst estimates as finance costs rose.
MUMBAI, Jan 28 Bharti Airtel Ltd, India's largest telecom operator, said its profit fell 22.2 percent in the December quarter, missing analyst estimates as finance costs rose.
MUMBAI, Jan 28 Indian stocks were little changed in choppy trade on Thursday as short-covering tied to the expiry of derivatives later in the session lifted some shares while broader gains were capped after the U.S. Federal Reserve kept open the prospect of more rate hikes this year.
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