The oil-to-telecom behemoth Reliance Industries posted its June quarter numbers on July 23. Business Standard spoke to some of the D-Street analysts to understand the conglomerate's diverse businesses and how they fared in Q1! Watch the video for more
Petchem, refining, and Jio did well; price hike in telecom next trigger
Adds 14.4 mllion users in quarter, taking total to 440.6 million
Exceptional gains in year-ago quarter pulls down profit; O2C and digital services key drivers, retail impacted by lockdowns
Its revenue from operations increased 9.8 per cent to Rs 18,952 crore
With sufficient assets and a healthy financial condition, Bharti Airtel can clear their dues with DoT, analysts said
The oil-to-telecom conglomerate's revenue from operations rose 58.2 per cent to Rs 1.44 trillion
Currently, DoT allocates airwaves by administered price mechanism
Market concentration in key sectors, measured by HHI, reached a new high in FY21
Mittal had said, with Airtel setting up only two ground stations for uplinking in rural areas, the requirement for spectrum was minimal and different from terrestrial mobile services
Depending on the investors' appetite, at least one will be launched in the current financial year, a banker close to the development says
ICICI Bank (up 2.7 per cent), HDFC, Axis Bank, Sun Pharma, and NTPC were the top gainers on the frontline S&P BSE Sensex
State governments had imposed lockdowns to curb the spread of the pathogen in April - a move that derailed economic activity.
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Bharti Airtel added over 5.17 lakh users during the month under review, taking its subscriber base to over 35.29 crore
Airwaves for satellite-based services should be allocated judiciously
Vodafone Idea had an average upload speed of 6.2 mbps in May. It was followed by Reliance Jio with an upload speed of 4.8 mbps and Bharti Airtel with 3.9 mbps
If discussions fructify, smartphone would be made at Indian plants
The emergency data loan can be availed through MyJio App.
Mittal acknowledged that telecom tariffs need to go up and that Airtel would 'not hesitate' in this regard, but was quick to add that it cannot be done 'unilaterally'