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Nifty ends above 23,650 as global cues, U.S.-China optimism lift markets
The headline equity indices ended with strong gains on Thursday, extending their rally for a second straight session amid strong global cues and optimism surrounding ongoing U.S.-China discussions. Steady corporate earnings and value buying in banking and telecom shares also supported sentiment.
Sunil Bharti Mittal hints at succession, targets 51% control in Bharti Airtel over decade
Sunil Bharti Mittal aims for Bharti Telecom to regain majority in Bharti Airtel, plans higher dividends, buybacks, data centre expansion, small NBFC, and higher Airtel Africa stake
Bharti Airtel’s next decade: Mittal outlines tighter control in India, bigger Africa bet
Sunil Bharti Mittal says Bharti Telecom should regain majority control of Airtel over the next decade as the group begins succession planning for the next generation.
Bharti Airtel shares jump 5% as Sunil Mittal eyes 51% stake in telco
Sunil Bharti Mittal, founder and chairman of Bharti Enterprises, during Airtel's Q4 earnings concall, said that he wishes to Bharti Telecom holding 51% stake in the Gurugram-headquartered telco.
Bharti Hexacom Q4 revenue rises on higher ARPU but profit slips; declares ₹18 dividend
The telecom operator’s EBITDA increased 8.5% year-on-year to ₹1,267 crore from ₹1,168 crore, while the EBITDA margin improved to 53% from 51%. Ahead of the results, shares of Bharti Hexacom ended 1.79% higher at ₹1,491 on the NSE on Wednesday, May 13.
Vodafone Shares Jump 8% Amid Plans To Consider Fund Raising
Vodafone Idea shares rose after telecom firm informed the exchanges regarding board of directors meeting to consider fund raising.
Vodafone Idea climbs on reports of fresh promoter-led capital infusion
Vodafone Idea jumped 7.23% to Rs 12.75 amid reports that the telecom operator may receive fresh promoter-led capital infusion led by chairman Kumar Mangalam Birla.
Bharti Airtel share price: Should you buy telecom stock ahead of Q4 results? - Mint
Bharti Airtel share price: Should you buy telecom stock ahead of Q4 results?Mint
Dixon Tech Q4 profit falls 36% despite revenue growth and expansion plans
Dixon Technologies reported a sharp decline in quarterly profit due to weak consumer demand, rising component costs, and the end of PLI benefits. Despite margin pressure, the company expects strong FY27 growth driven by smartphone manufacturing, telecom equipment, exports, and IT hardware expansion.
Dixon Tech Q4 Results: Softer smartphone volumes to impact topline, margins may narrow
Weakness in Xiaomi and Ismartu volumes could also hurt Dixon's mobile business this quarter. Higher memory prices, tight availability of DRAM is likely to have weighed on handset production, thereby limiting volume growth, despite incremental contributions from IT hardware, telecom and the components business.
Vodafone Idea Says 'No Communication' From Parent On Treasury Stock Transfer; Re-Shares Dec 2025 Filing
On Friday, reports had suggested that Vodafone Plc may transfer part of its stake in the Indian telecom operator to the company itself as treasury shares.
Altius Telecom Infrastructure Trust consolidated net profit rises 85.40% in the March 2026 quarter
Sales rise 1.38% to Rs 6021.20 crore