VODAFONE IDEA Q3 RESULTS
Trai defers zero-IUC regime for a year, to take effect from January, 2021
For domestic calls, termination charge would continue to remain as 6p/min up to 31st Dec, 2020, Trai said.
The week that was: Voda Idea, Esab India, Federal Bank & pharma names among top buzzing stocks
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Stocks in the news: DHFL, SpiceJet, Vedanta, CCD, ONGC and Vodafone Idea
Nalco reported a consolidated loss of Rs 28.25 crore in the quarter ...
DoT seeking Rs 3 lakh crore from GAIL, other non-telecom PSUs result of communication gap: Dharmendra Pradhan
The government's demand from such companies increased many times more than their net worth and the Centre asked them to go to the Supreme Court against such dues. While Oil India Ltd filed a clarificatory/ modificatory petition on Wednesday, GAIL approached the apex court on Thursday.
Telcos urge DoT to address financial stress
The government officials has assured the industry that additional issues like request for dynamic IP addresses, additional backhaul spectrum, greater relaxation in filing compliance requirements due to the extension of the nationwide lockdown period, among others would all be reviewed and decisions taken speedily to help the industry.
After Market: Vodafone Idea, Glenmark zoom; YES Bank slumps; 31 stocks flash ‘buy’ signals
Nifty Metal was the biggest sectoral gainer, rising 1.79%, led by Tata Steel that jumped 4%.
Sensex falls for 4th day on telecom woes, coronavirus fears
The bears were in charge with losers outpacing gainers in the ratio of nearly 2:1 on BSE.
Vodafone Idea Q1 loss widens to Rs 4,908 crore QoQ; margins expand
Revenue for the quarter ended June 30 came in at Rs 11,269.9 crore, down 4.3% on quarter.
Vodafone Idea may report over Rs 4,000 crore loss in Q2
Analysts fear for Vodafone Idea’s survival in the absence of any government help.
Balance sheet of Voda Idea hit by losses
The embattled company’s reserves and surplus account was completely eroded by the loss in H1 of FY20.
Trai pulls up telcos for selective validity extension
Trai said “Airtel and VIL had followed a selective approach” in giving relaxation to subscribers in extending the validity and giving a credit of Rs 10 to each subscriber, and as a result “all the 2G subscribers were not covered and are facing hardships” in absence of any recharge facilities.
Hikes at Vodafone Idea a sign of green shoots
With revenues stabilising, HR experts expect manpower to increase by 5% by the end of March 2020.
No requirement to invoke roaming arrangement: Airtel CTO
The telecom operator had said it is an important measure to avoid disruption in the networks to support work from home. The company on March 23, wrote to Reliance Jio, Vodafone Idea, BSNL and MTNL for an intra circle roaming (ICR) arrangement terming it "of paramount importance" to serve the nation and prepare for any kind of exigency.
Jio sees Ebitda margin uptick in Q3 from IUC charge on user
Jio added 103 million subscribers in the last 12 months.
Funds with Voda-Idea paper may come under redemption pressure
Debt mutual fund schemes that hold this paper have not yet marked down any of these securities.
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