BSNL has posted a net profit of Rs 262 crore for December quarter, marking its return to profitability after almost 17 years, Union Minister Jyotiraditya Scindia said on Friday terming it a "significant turning point" for the state-owned telco that has been focused on expansion of service offerings and subscriber base.
BSNL scripted an improvement on several counts, clinching 14-18 per cent growth across mobility, FTTH and leased line service offering, Scindia, Minister for Communications said adding that the subscriber base too has risen to about 9 crore in December, from 8.4 crore in June.
"Today is an important day for BSNL, and for the journey of the telecom sector in India...BSNL has, in third quarter of FY2024-25, for the first time in 17 years, posted a profit on a quarterly basis. The last time that BSNL posted a quarterly profit was in the year 2007," he said on BSNL's earnings.
The net profit came in at about Rs 262 crore in the third quarter of the financial year. Mobilit

BSNL

Analysts at Elara Capital analysed market breadth cycles in India stock markets in the last few years and highlighted the worrying points that are developing for the first time in five years.

Stock broker, broker, market crash, market fall, loss, trader, marker, markets, stock markets, stock

Donald Trump's reciprocal tariff plan on India and other countries coupled with persistent FII selling dragged the Sensex, Nifty lower for the eight straight trading session on Friday.

Stock Market, Market, Crash, Funds, up, Stock, Gain, Lost, decline, statistic, Crisis, Capital, BSE, NSE

Musk's aim could be to capture different pieces of the US government and turn the state into a tool for wealth extraction

Elon Musk

YPS is a reciprocal scheme that allows UK and Indian nationals aged 18 to 30 to live, study, travel, and work in the other country for up to two years

UK education, UK visa, visa rules

Ajax Engineering IPO has seen moderate investor participation, with QIBs subscribing to 33 per cent, NIIs bidding for 68 per cent, and RIIs taking up 56 per cent of their allocated shares

Says due to these benefits, people are not willing to work

Supreme Court, SC

The new legislation will replace the Income Tax Act of 1961. Once passed, it will be called the Income Tax Act, 2025

Nirmala Sitharaman, Nirmala

Stock Market Crash: As per Nifty charts, a break below 22,970 could trigger another steep correction, exacerbating the selling momentum in India stock markets

Market, BSE, NSE, NIfty, Stock Market, investment(Photo: Shutterstock)

Rwanda-backed rebels in eastern Congo on Friday entered the region's second-largest city of Bukavu, local and civil society leaders said, the latest ground gained since a major escalation of their yearslong fighting with government forces.
The M23 rebels entered the city's Kazingu and Bagira zone and were advancing towards the centre of the city of about 1.3 million people, according to Jean Samy, vice-president of the civil society in South Kivu. He reported gunfire in parts of the city.
Videos posted online appeared to show rebels marching toward the Bagira area. In one of the videos, a voice in the background shouted: They are there ... there are many of them."
Rwanda-backed rebels in eastern Congo claimed Friday to have seized a second airport in the region following a days-long advance, as the UN warned that the recent escalation of fighting with government forces has left 350,000 internally displaced people without shelter.
Local sources said M23 rebels have surrounded the ar

Members of the M23 rebel group ride on a pickup truck as they leave their position for patrols amid conflict between them and FARDC, in Goma, eastern Democratic Republic of the Congo, January 29, 2025 | Photo by Stringer on Reuters

Democratic Republic of Congo, DRC, DR Congo, M23, M23 rebel, Congo

Congress stalwart Ahmed Patel's son Faisal quits Congress; cites feeling marginalised and neglectedIn an emotional post on X on Thursday Faisal Patel shared that his journey with Congress had been challenging, stating that despite his efforts to follow in his father's footsteps, he often felt sidelined."With great pain  &  anguish, I have decided to stop working for @INCIndia. It's been a tough journey for many, many http://years.My late father @ahmedpatel gave his entire life working for the country, party  &  the #Gandhi family. I tried following his footsteps but was denied every step of the way," he posted on X.Despite this, he reaffirmed his emotional connection to the party, expressing gratitude to its leaders, workers, and supporters. Faisal will continue to work for the betterment of society in other ways."I will continue to work for mankind in any way possible. The congress party will remain my family as It has always been. I want to thank all the congress leaders, ...

Faisal Ahmed Patel

A second federal judge on Friday paused President Donald Trump's executive order halting federal support for gender-affirming care for transgender youth under 19.
US District Court Judge Lauren King granted a temporary restraining order after the Democratic attorneys general of Washington state, Oregon and Minnesota sued the Trump administration last week. Three doctors joined as plaintiffs in the suit, which was filed in the Western District of Washington.
The decision came one day after a federal judge in Baltimore temporarily blocked the executive order in response to a separate lawsuit filed on behalf of families with transgender or nonbinary children.
Judge Brendan Hurson's temporary restraining order will last 14 days but could be extended, and essentially puts Trump's directive on hold while the case proceeds. Hurston and King were both appointed by former President Joe Biden.
Trump signed an executive order last month halting federal funding for institutions that provide th

Trans community, Transgender

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

Displaying categorized search results for news

Latest News

In this section

All

Rwanda-backed rebels advance into eastern Congo's 2nd major city of Bukavu

Ahmed Patel's son Faisal quits Cong; says felt 'marginalised, neglected'

Second judge pauses Trump's order against gender-affirming care for youth

Most Popular

Read

Shared

Commented

BSNL Q3 results: Net profit at Rs 262 cr, first quarterly gain in 17 years

5 reasons why Elara Capital thinks markets may see prolonged weakness

Sensex tanks over 600 points: Why is the stock market down today?

Displaying categorized search results for news Advance Search