Market Live: Sensex trades higher, Nifty flat, auto, telecom indices biggest losers

3 days ago
BSE Sensex trades higher, while the Nifty hovers above 10,150. Here are the latest updates from the markets. Livemint. BSE Sensex and NSE Nifty fall on Wednesday. Photo: Mint. Mumbai: Indian shares were little changed on Wednesday, while market  ... ...

IUC cut: An aggressive Reliance Jio a big worry for Airtel, Idea

3 days ago
A cut in interconnection usage charges (IUC) means Airtel, Vodafone and Idea will now need to recover a greater share of their costs from their customers, but leave alone being able to raise tariffs, they would most likely be forced to drop tariffs to ... ...

Advantage Jio: Trai cuts IUC to 6 paise per minute from October 1

4 days ago
The new charges are being seen as a relief for the latest entrant, Reliance Jio. It is estimated to save about Rs 3,800 crore annually from this move. ALSO READ. IUC report: Reliance Jio alleges Rs 100,000 cr bonanza to incumbents In event of IUC cut,  ... ...

Idea Cellular: Lower IUC will turn all telcos, barring Jio, sick

1 week ago
Warning that any move to lower the interconnect usage charges (IUCs) would turn the entire telecom industry sick barring Reliance Jio, Aditya Birla Groupowned Idea Cellular on Thursday urged the Telecom Regulatory Authority of India (Trai) to put ... ...

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