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Morgan Stanley downgrades RComm, Idea Cellular
Morgan Stanley has downgraded its view on India's telecom sector to "in-line" from "attractive", citing increased regulatory risks tied to the spectrum auction, and "relatively weaker" 3G outlook. The brokerage has cut its rating on Reliance Communications to "underweight" from "equalweight", and slashed its target price to 51 rupees from 109 rupees, citing a weaker balance sheet and saying the company
Morgan Stanley has downgraded its view on India's telecom sector to "in-line" from "attractive", citing increased regulatory risks tied to the spectrum auction, and "relatively weaker" 3G outlook. The brokerage has cut its rating on Reliance Communications to "underweight" from "equalweight", and slashed its target price to 51 rupees from 109 rupees, citing a weaker balance sheet and saying the company
Zito pitches Giants past Diamondbacks 4-2
Trevor Cahill pitched himself into an early hole, and Arizona's hitters never could do quite enough to get the Diamondbacks into the game.
Trevor Cahill pitched himself into an early hole, and Arizona's hitters never could do quite enough to get the Diamondbacks into the game.
COAI to FM: Quash TTSL's GSM spectrum
The Cellular Operators Association of India (COAI), the industry body representing GSM operators, on Monday asked finance minister Pranab Mukherjee to to quash the GSM spectrum allocated to Tata
Two arrested for acid attack, were hired by victim's relative
Rohtak: Two youths were today arrested for the acid attack on a teenage volleyball player that drew the concern of the Haryana Chief Minister, with police claiming that a relative of the victim had
Rohtak: Two youths were today arrested for the acid attack on a teenage volleyball player that drew the concern of the Haryana Chief Minister, with police claiming that a relative of the victim had
UPDATE 1-Reliance Comm tower talks await rule clarity
* Exec says continues to be in talks with potential investors
* Exec says continues to be in talks with potential investors
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