BSNL and Reliance Jio are watching the developments as Airtel and Vodafone have not announced how much the increase in the tariffs will be.

Nitin Soni, director-Asia Pacific TMT at Fitch Ratings, shared his views and outlook on the telecom sector in an interview with CNBC-TV18.

A draft forensic audit report by KPMG into Dewan Housing Finance Limited’s (DHFL) books has raised suspicions of a possible fund diversion by the troubled financier. Union Bank of India, one of the key lenders to the company, had appointed KPMG to conduct a special review to ascertain evidence of utilization of funds availed from banks by DHFL for the period April 2015- March 2019.

Chinese private firms are shunning the United States in their overseas expansion, and generally prefer a home listing to a US initial public offering (IPO), a private survey showed on Tuesday, highlighting the trade war's impact on executive decision-making.