Like peer Jio Infocomm, is also set to report encouraging results for the quarter ended September on Monday. India’s second largest telecom operator is likely to report a 4% sequential growth in consolidated revenue to Rs 34,130 crore, according to an ET Now poll. Higher number of days in the last quarter, lower spectrum usage … Read more
By Nupur Acharya and Siddhartha Singh Less than an hour into trading in India’s $2.7 trillion stock market on Wednesday, dealers saw index levels on the National Stock Exchange’s cash segment had stopped updating. By 11:40 a.m., the world’s biggest derivatives bourse halted trading in all segments. The incident prompted the markets regulator to ask … Read more
Mumbai: Telecom major Bharti Airtel may report its losses narrowed in the quarter ended June from a year ago, despite the challenges posed by the Covid-19 pandemic. The telecom sector was an outlier as most sectors remained non-operational for most of the June quarter due to pandemic-induced lockdown. Even as the lockdown increased data consumption, … Read more