Page 104 - Sohini Das

Homebuyers tilt towards branded players despite slowdown in real estate mkt

According to PropEquity, 600 mn sq ft of projects at a pan-Indian level are stuck. This accounts for 50 per cent of the unsold inventory in terms of units

India's rural mobile phone base slips further, shows Trai report

There are around 931 million active subscribers now (for the top three players) compared to 933 million in June 2018 and 915 million in May 2018.

Glenmark plans to divest non-core global assets to reduce debt by Rs 800 cr

Apart from rationalising costs, the company is also aiming to divest some of its non-core global assets as well as bring in a minority investor in to Glenmark Life Sciences

Vodafone Idea needs to raise operational expenses savings target: Analysts

Reacting to the weak June quarter numbers, the firm's shares tanked 27 per cent on Monday, eroding over Rs 7,000 crore from its market valuation

Journey of Reliance Jio: From disrupting telecom to becoming the king

The youngest operator took 3 years to claim the top spot, changing the industry in the process

Torrent Pharmaceuticals manages to improve Unichem's FY19 profits

Losar comprised almost 20% of the acquired portfolio of Unichem

Drug major GSK sold off up to 10 tail-end brands in FY19 including Celin

According to the firm's FY19 annual report, it fetched Rs 5 crore during the year from the sale of brands

From Celin to Septran, GSK Pharma sold 8-10 tail-end brands in FY19

The firm's FY19 annual report shows that it fetched Rs 5 crore during the year from the sale of brands

It's time for India's one-brand pharma firms to scale up, diversify

Many of these brands are not protected against the discovery a new, more efficient molecule as the small firms that own them have not kept pace with the latest research

Airtel Africa London Stock Exchange debut lacklustre, stock falls 15%

Airtel Africa operates across 14 African countries and has over 100 million customers

5G auction: Reliance Jio joins industry chorus for low spectrum pricing

Telcos feel that before fixing spectrum prices, one needs to consider its revenue potential

Broadband India Forum seeks lower reserve prices for 5G spectrum auction

Industry body says Indian reserve prices are 4X international ones; 40% of spectrum on offer last time went unsold due to higher prices

India taps EU to adopt bloc's security recommendations for 5G network

A series of stakeholder meetings are planned among the member states, and the final guidelines are expected by December

Fortis Healthcare turns focus on cost control and consolidation

This is a departure from Fortis' earlier plans that entailed, for example, retail expansion of its diagnostics arm SRL, especially in the southern markets

Telecom industry's revenue growth may improve to double digits in FY21

Analysts project double-digit growth in FY21 to around 12%, largely driven by Jio

Riding on Heinz, Zydus Wellness eyes Rs 4,500-crore turnover in 5 years

Consumer business crucial for Cadila Healthcare, at a time when US and India have pricing pressure

High real interest rates making India uncompetitive, says Ajay Piramal

We will have to think of creative ways to encourage demand like the interest subvention in low-income housing loans, he said

Tower firms' top line woes to continue despite 4G switch: CRISIL report

Telecom operators are pushing consumers to shift to 4G network as it allows them to offer more data services which convert to higher revenue

Fortis Healthcare back in black, reports Rs 135-crore profit in Q4

Fortis has said it is working on balance sheet strengthening through portfolio optimisation and non-core asset monetisation

E-pharmacies find growth pill despite regulatory worries, legal tussles

Top players focus on offline expansion plans