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As On 05-Mar-2021 EOD, Market Closed
SENSEX
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  • Bharti Airtel, Qualcomm to collaborate for 5G in India

    Airtel will utilize the Qualcomm 5G RAN Platforms to roll-out virtualized and Open RAN-based 5G networks in India.

    In addition, Airtel and Qualcomm Technologies will collaborate to enable a wide array of use cases, including 5G Fixed Wireless Access (FWA) that is designed to deliver broadband connectivity at Gigabit speeds to homes and businesses. This collaboration also aims to allow a faster rollout of broadband services in a cost effective and expeditious manner across India for "last mile" connectivity challenges.

    For customers, the ultra-fast and low latency of 5G will unlock limitless possibilities - gigabit size file downloads in seconds and 4K video streaming on the go across smartphones and computing devices, lmmersive Technologies such as Virtual Reality and SMART Homes with connected things.

    Randeep Sekhon, CTO, Bharti Airtel said, "Airtel has been a pioneer of new technologies and our networks are fully ready for 5G. We are delighted to have Qualcomm Technologies as a key technology provider in our journey to roll-out world-class 5G in India. With Airtel's integrated service portfolio and Qualcomm Technologies' 5G leadership, we will be well placed to usher India into the next era of hyper-fast and ultra-low latency digital connectivity."

    Rajen Vagadia, Vice President, QUALCOMM India Private Limited and President, Qualcomm India said, "There is a compelling case to accelerate the roll-out of 5G networks in India, as it will help fast-track the country's socio-economic growth and development. We are pleased to be working with Airtel, and we are excited by the opportunity ahead. This collaboration is expected to play a critical role in Airtel's plans to add 5G network coverage and capacity where and when it is needed the most."

    Bharti Airtel is a global telecommunications company with operations in 18 countries across South Asia and Africa.

    On a consolidated basis, the telecom major reported a net profit of Rs 853.60 crore in Q3 FY21 as against net loss of Rs 1035.30 crore in Q3 FY20. Net sales during the quarter increased by 20.8% year-on-year (YoY) to Rs 26517.80 crore.

    The Bharti Airtel scrip was up 0.35% to Rs 572.70 on the BSE. It traded in the range of 567.80 and 577 so far during the day.

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Flash News 05-Mar-2021
  •  ( 15:55) Shilpa Medicare gets USFDA nod for arthritis drug  
  •  ( 15:54) Sun Pharma subsidiary to acquire 12.5% stake in WRS Bioproducts  
  •  ( 15:54) Indiabulls Housing allots $150 million foreign currency convertible bonds  
  •  ( 15:54) European shares trading lower  
  •  ( 15:53) Asian markts close on a negative note  
  •  ( 15:53) Nifty closes below 15,000 mark  
  •  ( 15:53) Coal India declares second interim dividend  
  •  ( 15:52) Sensex drops 440 pts amid weak global cues, firm crude oil prices  
  •  ( 14:13) BEML appoints Deloitte Haskins & Sells LPP as consultant for demerger of non-core assets  
  •  ( 13:35) The Nifty index holds its 15,000 mark  
  •  ( 13:34) Indices experience intense volatility; metal and bank stocks in demand  
  •  ( 11:34) PVR launches 6-screen property in Forum Centre City Mall, Mysuru  
  •  ( 11:28) Equity indices trade sideways with losses  
  •  ( 10:49) PNB Housing Finance, Yes Bank join hands to offer customized retail loans  
  •  ( 10:10) Heranba Industries lists at Rs 900 per share vs issue price of Rs 627 apiece  
  •  ( 09:52) Dilip Buildcon receives LoA for two Karnataka-based projects  
  •  ( 09:45) BCPL Railway Infrastructure bags a LoA from Railway Vikas Nigam  
  •  ( 09:29) Positive market breadth  
  •  ( 09:25) Nifty drops below 15,000   
  •  ( 09:24) ISGEC Heavy Engg. secures a deal from Shree Cement to set up boilers  
  •  ( 09:22) Wipro acquires London-based Capco for $1.45 billion  
  •  ( 09:19) Market trading lower in early trade  
  •  ( 08:15) OPEC+ extends most oil output cuts into April  
  •  ( 08:09) US stocks drop on Thursday as Powell fails to ease rate fears  
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05 March 2021 00:00
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6810.25
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