Stay Connected. Stay Informed.
A Bharti Airtel building is pictured in Gurugram on the outskirts of New Delhi. | Photo Credit: REUTERS Bharti Airtel on Friday, June 28, 2024, announced between 10-21 per cent hike in mobile tariffs, a day after larger rival Reliance Jio announced an increase in rates. Airtel, in a release, said that the revision in…
Read More “Bharti Airtel announces 10-21% hike in mobile tariffs from July 3” »
Debt-laden telecom operator Vodafone Idea Ltd. has raised ₹18,000 crore. | Photo Credit: Reuters Telecom operator Vodafone Idea’s (VIL) board has fixed the follow-on public offering (FPO) offer price at ₹11 per equity share, according to a regulatory filing. The anchor investor offer price of ₹11 per equity share has also been greenlit by the…
Read More “Vodafone Idea approves offer price of ₹11 per equity share for ₹18,000 cr-FPO” »
Reliance Industries remained the country’s most valued firm. File | Photo Credit: REUTERS The combined market valuation of six of the top 10 valued firms jumped ₹70,527.11 crore last week, with Reliance Industries Ltd (RIL) emerging as the biggest gainer. While Hindustan Unilever Ltd, Bharti Airtel, ITC, ICICI Bank and HDFC Bank were the gainers,…
Read More “Mcap of six of top 10 firms jumps ₹70,527.11 crore; Reliance Industries biggest gainer” »