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Airtel posts results for 2017-18, price ...

Bharti Airtel’s annual consolidated revenues for 2017-18 stood at Rs 836.88 billion, reporting a decline of 12.3 per cent when compared to last year. The net income declined by 71 per cent. Meanwhile, the consolidated revenues for quarter-ended March 2018 stood at Rs 196.34 billion, a decline of 10.5 per cent. The net income for the quarter declined by about 78 per cent. Data traffic on the network however grew 505 per cent between QE March 2017 and 2018.

Sify Technologies reports results for 20...

Sify Technologies has announced its annual financial result for 2017-18. The company has crossed Rs 20 billion revenue mark, doubling its revenue in just 5 years (it crossed the Rs 10 billion mark in 2013), with over 20 quarters of continuous profitability.

Aditya Birla Group planning to sell arou...

The Aditya Birla Group is planning to sell a minority stake of around 15 per cent – 20 per cent in Idea Payments Bank in order to raise about Rs 2 billion.

A Maturing Ecosystem: Strong outlook for...

The 4G segment in India has evolved significantly over the past two years. While improved availability of affordable 4G smartphones and plummeting data tariffs have helped in driving 4G service uptake, increasing competition among operators has played a key role in augmenting service reach.

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