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The combined market valuation of seven of the top-10 most-valued firms eroded by ₹1.13 lakh crore last week, with Bharti Airtel and Reliance Industries emerging as the biggest laggards, in-tandem with a bearish trend in equities. Last week, the BSE benchmark Sensex declined 276.32 points, or 0.35%, and the NSE Nifty dipped 76.35 points, or…
Image used for representational purposes. File | Photo Credit: Getty Images/iStockphoto The combined market valuation of four of the top-10 most valued firms eroded by ₹87,960.29 crore last week, with Bharti Airtel taking the biggest hit, in-tandem with a bearish trend in equities. Last week, the BSE benchmark Sensex declined 468.42 points, or 0.60%, and…
Image used for representational purposes. File | Photo Credit: Getty Images/iStockphoto The combined market valuation of nine of the top 10 valued firms eroded by ₹3.12 lakh crore last week, with Reliance Industries taking the biggest hit. Last week, the 30-share BSE Sensex plunged by 2,090.2 points, or 2.7%, while the 50-share NSE Nifty declined…
A Bharti Airtel office in Gurugram. File | Photo Credit: Reuters Telecom operator Bharti Airtel reported more than 2.5 times jump in its consolidated profit to ₹ 4,160 crore in the first quarter ended on June 30, 2024, compared to the year-ago period. The company posted a profit of ₹ 1,612.5 crore in the same…
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Telecom Department sources said the figure was in line with, or even slightly above, expectations New Delhi: Telecom czar Sunil Bharti Mittal’s Airtel on Wednesday emerged as the biggest bidder for radio waves used to transmit mobile phone voice and data signals, cornering about 60 per cent of the Rs 11,341 crore worth of spectrum…
Read More “Spectrum Auctions See Sale Worth Rs 11,340 Crore, Bharti Airtel Top Buyer” »
He was awarded the Knight Commander of the Most Excellent Order of the British Empire Sunil Bharti Mittal, the Founder and Chairperson of Bharti Enterprises, was awarded the Honorary Knighthood by King Charles III in the United Kingdom. Mr Mittal is the first Indian to receive a Knighthood from King Charles. He was awarded the…
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