Collaboration to boost Airtel's cloud offerings in the fast-growing Indian market
TITAN, after the breakout from a consolidation range, is gradually inching higher while holding strongly above the support zone of the long term moving average( 200 EMA) on the daily chart
Over a dozen remote villages in the twin districts of Leh and Kargil in the Union Territory of Ladakh got their first 4G experience over Bharti Airtel's ultra-fast network
The Telecom Regulatory Authority of India (Trai) source said that both the companies have been given time till August 10 to file their responses
Trai seeks explanation on August 4
Reliance Jio shares platform with Bharti Airtel to ring in 25 years of mobile telephony
The government needs to ensure that the telecom industry, which has had its ups and downs, is given due attention in area of levies and taxes, Mittal said
Big business houses such as the Tatas, Anil Ambani, multinationals like Malaysian tycoon T Ananda Krishna of Maxis failed to create viable businesses
The other metric which helped drive the Q1 show was a 7 per cent sequential uptick in average revenue per user (ARPU) as compared to analyst estimates of a marginal dip
The last time the company revised its tariffs was in December 2019
This was led by a 1.9 per cent increase in average revenue per user or ARPU to Rs 157, a 13-quarter high
All that happened in the markets today
The firm posted an over two-fold jump in profit before tax (PBT) of Rs 372 crore for the quarter before exceptional items
The quarterly results announcement by Reliance Industries and HDFC will be the major market mover today. Analysts expect a dent in RIL's retail and energy verticals in the June quarter
The firm, however, posted an over 2x jump in profit before tax (PBT) of Rs 372 crore for the quarter ended June (Q1) before exceptional items
Consolidated revenue rose to Rs 23,939 crore in the three months ended June 30, compared with Rs 20,738 crore a year ago
All that happened in the markets today
The expiry of derivative contracts of the July series tomorrow may keep today's session volatile
Mittal said the government should look at rationalising levies on the sector and "close long-standing legal disputes that are a big drag on the performance of operators"
Mittal was re-appointed as Chairman of the company for a period of five years with effect from October 1, 2016 till September 30, 2021