5G technology can effectively empower millions of Indians once the price becomes affordable
From Vodafone Idea taking a lead in hiking tariffs by 6 to 8 per cent to contracting auto sales, here are top headlines this morning
The latest move, even if it is symbolic, is the first rate hike after the one announced end of 2019
Apart from double taxation benefits on dividend pass through, there would not be major benefit for Bharti Infratel as a combined entity, say analysts at ICICI Securities
The scrip of debt-ridden VIL jumped over 8 per cent while that of Bharti Infratel soared 19 per cent
National security has to be of paramount importance
Varde Partners among the other participants; Bloomberg report does not specify how the potential deal between the two parties would be structured
Vodafone Idea said in September it plans to raise as much as 250 billion rupees ($3.4 billion)
As per media reports, Vodafone Idea is considering increasing tariffs 15-20% by the end of the year or early next year
Vodafone Idea (VIL) has estimated statutory dues liability of Rs 65,440 crore
While the telecom company's second-quarter loss narrowed to Rs 7,218 crore, its operational performance was weaker compared to its peers.
Catch all the live market updates here.
The telecom company reported revenue of Rs 10,791 crore in the second quarter of FY21
Consolidated loss came in at Rs 7,218 crore ($976.16 million) for the period ending Sept. 30, compared with a loss of Rs 50,922 crore a year earlier
All that happened in the markets today
"The 5G ecosystem is yet to develop here and the prices are very high and we can't afford them," Vittal said during the company's post earnings call
ARPU expansion, market share gains expected even if there is no tariff hike
Reliance Jio gained 2.5 million active subscribers in July, reversing the decline seen in the previous month
Subscribers of Vodafone Idea in Maharashtra are facing connectivity issues since Thursday morning as a key site in Pune got flooded
All that happened in the markets today.