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Reliance Jio IPO filing nears: A look at its rise, scale, profitability
As Reliance Jio nears a reported $4 billion IPO, here's a look at how India's largest telecom operator grew, its subscriber base, services, profitability and future plans
India's telecom ARPU to grow 7% CAGR through FY29; narrowing tariff gap with global markets: Report
India's telecom sector is set for a multi-year growth phase. Average Revenue Per User (ARPU) is projected to grow at 7% annually from FY26 to FY29. This growth will reduce India's tariff gap with global markets. The sector is poised for stronger cash flows and improved returns.
Sohum Asset CIO stays positive on telecom, renewables and data centres
Sanjay Parekh of Sohum Asset Managers sees potential in CarTrade Tech, large private banks and select infrastructure plays. While he remains constructive on India's manufacturing story, he believes valuations in the EMS sector are demanding and warrant caution. He also sees value-unlocking potential from Vedanta's demerger.
BSNL, IIT Kanpur sign MoU for next-generation telecom technologies
Bharat Sanchar Nigam Limited (BSNL) and the Indian Institute of Technology (IIT) Kanpur have signed a Memorandum of Understanding (MoU) for joint research, development, testing, deployment and commercialisation of next-generation telecom technologies, BSNL Chairman and Managing Director A. Robert Jerard Ravi said on Wednesday.
HC quashes ₹23,600 cr retrospective spectrum dues on Airtel, Voda Idea
The Bombay High Court has cancelled spectrum charges of approximately 23,600 crore rupees for Bharti Airtel and Vodafone Idea. The court ruled the government could not retrospectively impose these charges for the period between 2008 and 2012. This decision removes significant financial uncertainty for the telecom sector. It creates a more supportive environment for future investments in India's telecommunications industry.
Vodafone Idea shares rally 7% to fresh 52-week high despite market crash. What's behind the surge?
Vodafone Idea shares surged nearly 7% to a new 52-week high after ICRA upgraded the telecom operator’s rating and revised its outlook. Investor sentiment was further boosted by lower AGR dues, promoter support from the Aditya Birla Group and Citi removing its ‘High Risk’ tag while maintaining a bullish outlook.
Eternal to Minda Corp: Axis Securities picks 15 stocks for June, sees up to 44% upside in top ideas
Axis Securities retained a bullish view on Indian equities and recommended 15 stocks for June across market capitalisations, with potential upside of up to 44%. The brokerage favours banking, telecom and capital goods sectors, while remaining cautious on IT. It expects market corrections to offer opportunities to accumulate quality businesses.
How India’s online shopping market is splitting into two distinct segments, BofA explains
Sachin Salgaonkar, Senior Analyst-APAC Telecom, e-commerce at BofA Global Research expects competition in quick commerce to ease over the next few quarters, sees telecom tariffs rising further by 2027, and believes AI-led vernacular and voice commerce could unlock hundreds of millions of new digital users in India.
From Adani Green to Tata Tech: 50 companies swing back to profit in Q4 despite market turmoil
Indian companies show strong recovery. Over 50 firms moved from losses to profits in the March quarter. This turnaround happened despite market volatility and global concerns. Sectors like telecom, auto, and pharma saw significant gains. This signals resilience in India's corporate sector. Many businesses improved operations and profitability.
Aditya Birla Group to invest $500 million in Vodafone Idea as revival signal strengthens
Aditya Birla Group is injecting ₹4,730 crore into Vodafone Idea (Vi) through a preferential allotment, bolstering the telecom operator's financial standing. This capital infusion follows Kumar Mangalam Birla's return as chairman and aims to support Vi's efforts to compete with rivals Reliance Jio and Bharti Airtel.
Eternal, HDFC Bank among 10 stocks which saw highest DII buying in Q4. How many do you own?
DIIs sharply increased stakes in major banks, IT, telecom and consumer stocks in Q4 even as markets witnessed steep corrections.
Airtel says India’s telecom pricing model is ‘broken’ as ARPU growth slows
Bharti Airtel is dissatisfied with slow ARPU growth due to a flawed pricing system. The company plans to increase average revenue per user by focusing on post-paid plans and encouraging data consumption upgrades. Investments will also target fibre broadband and new growth areas like data centres and financial services. Airtel is committed to strengthening its network and future-proofing its business.