 "Sharp reduction in capex and an increase in operating profit led to a 49% jump in operating free cash flows on a sequential basis")
Telcos ready to bite the bullet: Airtel, Voda Idea to hike tariffs from Dec
Telecom operators Vodafone Idea and Bharti Airtel, bruised by fierce competition to keep prices low, will hike tariffs starting December 1, the companies said in a surprise announcement on Monday. The first telecom tariff hike in several years follows record second-quarter losses reported by the two operators. Read more.
Budget 2020: Govt to focus on tax incentives, private investments
The government is setting the tone for 2020-21 Union Budget with a clear focus on steps to encourage private investment, sources in the know said. If welfare schemes
