Page 43 - Subhayan Chakraborty

GAIL Q1 results: Consolidated net profit falls 45% to Rs 1,792 crore

Sequentially, its net profit rose 179 per cent, up from Rs. 604 crore

Bharti Airtel prepays Rs 8,024 crore of deferred spectrum liabilities

They are separate from Adjusted Gross Revenue (AGR) liabilities which are the usage and licensing fees that telecom operators are charged by the government

Indian Oil Q1 net profit soars to Rs 13,750 cr as marketing margins improve

This despite a decline in revenue from petroleum and petrochemicals operations leading to lower total revenue compared to Q1 FY23

Sterlite Technologies Q1 results: Net profit rises 156% to Rs 46 crore

The company's revenue rose 2 per cent to Rs 1,522 crore in Q1FY24, up from Rs 1,487 crore

Indus Towers Q1 results: Net profit jumps 182% to Rs 1,348 crore

Quarterly tower additions stood at their highest levels ever at 5048

Airtel Africa posts $151 million net loss in Q1; revenue rises 9.6%

Higher finance costs and June devaluation of Nigerian currency identified as contributing factors

Trai repeals the 2001 regulation on internet access service quality

Asserts the regulation, targeted at BSNL, MTNL, & VSNL, is no longer pertinent

Govt considering PLI for chemical, petrochemicals sector: FM Sitharaman

Wants India to become manufacturing hub of sector, she says

5G radios in India surpass 280,000; Maharashtra leads count, shows data

Maharashtra, Uttar Pradesh, Tamil Nadu, Karnataka, Gujarat, and West Bengal have seen the highest number of installations so far

TRAI disconnected 32,000 spamming telemarketers in 2022, double of 2021

TRAI classifies any sender of commercial communication who is not officially registered as telemarketing with Access Providers such as Reliance Jio, Bharti Airtel, Vodafone Idea, and BSNL, as UTMs

Operating profits of OMCs may reach Rs 1 trillion in FY24: CRISIL

Profits may rebound by 3-times from FY23's Rs. 33,000 crore as softer crude improves credit metrics

Airtel becomes first ICT provider to link over 20 million IoT devices

Airtel's aggressive push in IoT has come at a time when rival Vodafone Idea (Vi) has doubled down the segment

Chennai Petroleum Corporation Q1 net profit shrinks 76% to Rs 548 crore

In the latest quarter, revenue from operations reduced by 35 percent to Rs 17,985 crore year-on-year from Rs 27,449 crore in the year-ago quarter

Govt portal pins 285,000 missing phones, but only 20,771 recovered

However, recoveries stand at only 20,771 devices so far

Russia's demand a roadblock to the G20 energy transition discussions

During the meeting, China also raised questions on the definition of critical minerals, a source said

Jio Platforms Q1 net rises 12.53% to Rs 5,098 cr; ARPU now beyond Rs 180

On track to finish 5G roll-out before December, says Ambani

India, Lanka look to link up via oil pipeline, land connectivity & UPI

UPI-based digital payments, too, will start in Sri Lanka in the next 2-3 months

Need independent statutory authority to develop, regulate AI: Trai

Says authority must have power to define AI's responsible use and frame rules

Future-ready: India has huge, untapped demand for electric mobility

The sector faces a raft of challenges straddling funding, uneven growth, and differences in demand projection between automakers and other industry players

Higher discounts likely to prompt India to buy more crude oil from UAE

Currently, the price of Russian Urals grade crude is trading close to the $60 limit, beyond which sanctions take hold