PRE-MARKET INDIAN STOCK NEWS: India announced supportive measures for telecoms sector

 

Bharti Airtel (BHARTI IS)
– Co. board will consider raising funds through debt issuances next week. (ET)

Coal India (COAL IS)
– Co. board is to meet on Saturday to consider interim dividend. (Moneycontrol)

Reliance Communications (RCOM IS)
– NCLT gave injunction till March 13th on Co. sale of unit Reliance Infratel assets after a minority shareholder argued it was not consented. (ET)

Telecoms
– India’s cabinet eased spectrum holding limits and permitted additional time to pay for airwaves won in auction as part of measures to support the intensely competitive industry. (ET)

(Newswires)