Monday, September 28
Nine of the top-10 most valued firms together added Rs 2,34,565.53 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in-line with a buoyant trend in equities. Last week, the BSE benchmark surged 1,650.73 points or 2 per cent. From the top-10 pack, Infosys emerged as the only laggard, facing erosion from its valuation. The market valuation of Reliance Industries jumped by Rs 69,556.91 crore to Rs 20,51,590.51 crore, the most among the top-10 firms. Bharti Airtel's valuation surged by Rs 51,860.65 crore to Rs 11,56,329.94 crore and that of HDFC Bank rallied by Rs 37,342.73 crore to Rs 15,44,624.52 crore. The market capitalisation (mcap) of Bajaj Finance zoomed Rs 26,037.88 crore to Rs 5,88,213.55 crore and that of ICICI Bank edged higher by Rs 24,6
Mumbai: The telecom regulator’s latest move to refresh its consent handling mechanism for checking spam messages and calls may have some overlaps with the country’s new data protection law but isn’t in conflict with it, officials said.Experts welcomed the move, saying harmonising the two sets of regulations is crucial to check spam as it will make it easier for stakeholders to implement the rules.Last week, the Telecom Regulatory Authority of India (Trai) opened a pilot for banks and telecom companies to test a solution for gathering and managing user consent.The approved solution after testing will allow telcos to verify consumer consent in real time before connecting or delivering commercial calls and messages.The move comes as the Telecom Commercial Communications Customer Prefere
