Page 2 - Bharti Enterprises

Telecom industry's financial health needs to improve: Bharti Ent V-C

He also asserted that while consumers are ready, "but somehow, as an industry, we have not been able to come to an understanding of increasing ARPUs so that this industry can be healthy"

Telecom industry's financial health needs to improve: Bharti Enterprises

The telecom industry's financial health needs to improve if India's dream of digital connectivity across the country has to be fulfilled, Bharti Enterprises Vice-Chairman Akhil Gupta said on Tuesday. Very poor return on capital is a big hindrance in telecom development in India today and unless it changes, investments will dry up at some point or the other, he said while speaking at the Times Network India Digital Fest here. However, due to competitive reasons increasing average revenue per user (ARPU) has been difficult and the industry players need to work together so that the ARPU goes up to Rs 300 in a phased manner in the next few years. "The big hindrance in telecom development in India today is the very poor return on capital, which this industry has, and at some point in time, that will have to change because otherwise, the investments will dry up at some point or the other," Gupta said. Return on capital is a big hindrance today and that's the reason why "a very big and a

Bollywood stars, corporate bosses fire up Mumbai, Delhi luxury house mkts

Experts attribute the trend to stamp duty cut by Maharashtra govt, reduction of prices by developers saddled with unsold inventory

Piyush Goyal to lead Indian delegation at World Economic Forum, Davos

Post Davos, the Commerce and Industry Minister will travel to UK for trade talks

OneWeb inks pact with ISRO commercial arm for satellite launches

Announcing the pact with New Space India, OneWeb, in the statement, said it remains on track for developing its satellite constellation network, delivering industry-grade secure connectivity

Brookfield, Bharti enter into real estate JV with Rs 5,000-cr deal

Brookfield, a private real estate fund, will purchase a 51 per cent stake from Bharti Enterprises of four properties totalling 3.3 million square feet

Starlink and OneWeb: Can satellite broadband bridge India's digital divide?

Satellite-based broadband connectivity promises to bridge India's digital divide. But can it deliver? What challenges does it face? Let's look at this new technology and understand and its pitfalls

Bharti Group's OneWeb ties up with Isro to kick off India chapter

Mittal says OneWeb would be the first private player to launch satellites from India through Isro facilities

Dixon, Bharti Enterprises to form JV for manufacturing telecom products

Dixon Technologies on Wednesday said it has entered into a pact with Bharti Enterprises to form a joint venture to manufacture of telecom and networking products

Canada's Brookfield in final talks to buy assets of Bharti Realty in NCR

Bharti Realty's properties in the three WorldMark towers in Delhi Aerocity and another in Gurugram are part of the deal

Bharti Enterprises seeks nod to set up ground stations for satellite firm

UK-based company proposes to put up 648 satellites to deliver affordable wireless internet

ICICI Lombard eyes Bharti AXA General Insurance in Rs 2,800-crore deal

Bharti Enterprises currently owns 51 per cent stake in Bharti AXA General Insurance

UK, Bharti Enterprises win OneWeb, to spend $1 billion on revival

The deal could be a game-changer for hinterland connectivity.

Airtel Payments Bank raises Rs 225 cr via Bharti Airtel, Bharti Enterprises

While Bharti Airtel has infused Rs 180.22 crore into Airtel Payments Bank, Bharti Enterprises has injected Rs 44.77 crore.

Take measures to improve ease of doing business: India Inc to Sitharaman

India Inc leaders, including Bharti Enterprises Chairman Sunil Bharti Mittal, CII President Vikram Kirloskar and Assocham President Balkrishna Goenka, on Thursday asked the government to take measures to augment ease of doing business to "create more freedom for the industry to perform". In a pre-Budget meeting with Finance Minister Nirmala Sitharaman, the corporate leaders highlighted several issues, including certain income tax matters which were coming in the way of mergers and acquisitions or slowing them down and roles that need to be played by state businesses to prosper at the ground level. "I have come here today to discuss only one thing -- make doing business easy in the country. That was what my thrust was," Bharti Airtel Chairman Sunil Bharti Mittal told reporters after the meeting. He said some suggestions around mergers and acquisitions (M&As), demerger, NCLT process, about certain sections of income tax which were coming in the way of M&A or slowing them down ..

Sunil Mittal bats for Huawei Technologies, says it should be in play

According to Mittal, it is surprising how fast Huawei have improved their technology.

Bharti Enterprises names Rajesh Sud as MD of financial services business

Prior to joining Bharti, Sud was the Executive Vice Chairman and Managing Director at Max Life Insurance

Bharti Airtel, Bharti Enterprises infuse Rs 325 cr in payments bank

The fund infusion from Bharti Airtel stood at Rs 260 crore, and that from Bharti Enterprises at Rs 65 crore in the form of preference shares, according to the details of the filing

Bharti Enterprises appoints Sam Ghosh as MD of financial services unit

Ghosh will build strategic business value proposition for the unit