Reliance Industries: Reliance Jio Infocomm Ltd, a subsidiary of the company, announced the acquisition of the spectrum in the 800 MHZ, 1,800 MHZ, and 2,300 MHZ bands in the spectrum auctions.

Nifty extended its northward journey for the second straight day on Tuesday amid global bond yield easing. However, it was a volatile day as at one point of time, Nifty fell nearly 170 points from the day’s high and it was only during the last leg of the trade that the bulls came out with all guns blazing and ended the day up by 1.07 per cent at 14,919 levels.

Reliance Jio Infocomm Ltd (“RJIL”) announces that it has successfully acquired the right to use spectrum in all 22 circles across India in the recently concluded spectrum auctions conducted by Department of Telecommunications, Government of India

The shares of Subex Limited ended higher by 5 per cent on Tuesday after the company announced that it became a member of O-RAN Alliance to support the development & standardisation of open radio access networks (RAN) and help drive innovation in the radio access network domain.

All about PE ratios

On Tuesday, the domestic markets witnessed increased volatility, similar to that of Monday. Sensex ended up by 0.90 per cent at 50,296.89 whereas, Nifty closed at 14,919.10, inching up by 1.07 per cent. 

Bharti Airtel Limited has acquired 355.45 MHz spectrum across Sub GHz, mid-band, and 2,300 MHz bands for Rs 18,699 crore in the latest spectrum auction conducted by the Department of Telecom, Government of India. All the spectrums would enable Airtel to deliver 5G services in the future.

On Tuesday, the company announced its launch of AGL Tuffguard anti-bacterial tile (TAB), which is found to be 99 per cent effective.

The film industry of India was among the first ones to face the brunt of the pandemic and the lockdowns. And even though the cinema halls are now open for screening of films, business has not yet returned to normal. Speaking with DSIJ, Kapil Agarwal, Joint Managing Director, UFO Moviez, is, however, optimistic that the revenue stream will return to pre-pandemic times by Diwali this year. Following is the detailed discussion.

The market opened in green on March 02, 2021.