Bharti Airtel Q3 net profit slumps over 39% YoY; IUC cut, price war hurts
The decrease in IUC hurt gross revenue by Rs 1,061.5 cr, & mobile ARPU by Rs 16, Airtel said.
Fifteen stocks in focus on Wednesday, 7 December 2016
Rate-sensitive stocks such as banking, auto and real estate will remain in focus ahead ...
Fifteen stocks in focus on Thursday, 28 July 2016
The Indian market is expected to open flat. Here is a list of top fifteen stocks that are l...
Twelve stocks in focus in Friday morning trade
The Indian market is expected to open lower. Here is a list of top twelve stocks that are likely to be in focus today.
Telcos likely to report pressure on voice, data realisations for October-December quarter
A bounce back in minutes of use and robust data growth during festival season could provide a silver lining, say analysts
Sensex rallies 300 points as BoJ initiates negative interest rates, Nifty50 reclaims 7,500
The S&P BSE Sensex surged over 100 points in trade on Friday, led by gains in ITC, HDFC, Sun Pharma, HDFC Bank, Infosys, and TCS.
Bharti Airtel gains as Q1 net profit jumps 40%
Bharti Airtel gained 3.35% in intraday trade on Wednesday, a day after the company beat Street expectations and posted a 40 per cent jump in net profit.
Bharti Airtel stock gains, company to sell four of its African subsidiaries to Orange SA
Shares of Bharti Airtel gained as much as 5.33 per cent in intraday trade on Tuesday.
Airtel reports wider-than-expected Q1 loss of Rs 2,866 crore on Rs 1,470 crore one-time hit
Total income of the telecom major, however, increased 4.59 per cent to Rs 20,812.50 crore.
Bharti Airtel in talks to acquire Telkom Kenya
Buying Kenya’s third-largest telco will bolster Airtel’s position, help improve pre-IPO valuation of Airtel Africa.
Niger government orders closure of Airtel arm over unpaid taxes
Airtel, which is the largest telco in Niger, missed its Friday deadline for clearing its Rs 764 crore tax dues, including fines valuing Rs 122 crore.
Fitch Ratings’ Nitin Soni explains stable outlook on Bharti Airtel
From a credit perspective, it is good to see they have already set up a benchmark there, says Soni
Bharti Airtel International begins cash purchase of its USD 1.5 billion bonds to reduce debt
The proceeds of this equity issuance are now fully realised and available as cash.
Bharti Airtel unit to merge with Telkom Kenya
Last month, three industry sources had told Reuters that Bharti Airtel was in talks to buy Telkom Kenya, to create a stronger challenger to market leader Safaricom.
Airtel posts 1st consolidated loss in 14 years
The Sunil Mittal-led telco’s net loss for the fiscal third quarter—compared to a Rs 97.3 crore net profit a year ago.
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