Nifty futures were ruling 85.50 points or 0.57 per cent down at 15,029.50 on Singaporean Exchange, indicating a gap-down opening for BSE Sensex and Nifty 50 on Friday
Tariff hikes remain the key to improving the sector’s health, Takkar told analysts, adding all players acknowledge services are being sold below cost and that the returns are dismal. Tariffs charged by Bharti Airtel and Vod
Nifty futures were trading 84.50 points or 0.56 per cent higher at 15,242.50 on Singaporean Exchange, indicating a gap-up start for BSE Sensex and Nifty 50 on Monday.
Bharti Airtel and Vodafone Idea scaled down their demand from 20-year timeline to 15 years. While Tata Teleservices said it was comfortable with a 7-10 year period.
Barak Valley Cements, Century Textiles, Wipro, Mindtree, Delta Corp, Hindustan Copper, Khadim India, are scheduled to announce their June quarter earnings today.
Nationwide lockdown in the first quarter of the current financial year resulted in delayed recharges by low ARPU prepaid subscribers on account of the reverse labour migration and impact on income levels
Vodafone Idea has witnessed a spectacular rally in June itself, up by almost 70% post the news that global tech giant Google is in talks for buying a 5% stake