Sticking to its earlier stand, the Indian telecom regulator on Wednesday recommended penal action against three operators -- Bharti Airtel, Vodafone India and Idea Cellular -- for not providing adequate points of interconnections (PoI) to newcomer Reliance Jio. The amount of penalty the three collectively have to pay is Rs 3050 crore. In similarly worded decisions against the three operators, the Telecom Regulatory Authority of India (TRAI) said it "considered it appropriate to recommend penal action... in view of the large public interest involved."

For every updates related to the Share and Stock Market click here to subscribe us>> http://www.ripplesadvisory.com/nifty-future-.php