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Idea closing in on bigger rivals
At the time of its listing in 2007, Idea Cellular’s market worth was a sixth of industry bellwether Bharti Airtel’s and a fourth of Reliance Communication’s. Just six years......
Sensex ends up 146 points on coal sector reforms
The 30-share Sensex closed up 146 points at 26,576 and the 50-share Nifty closed up 48 points at 7,928. Benchmark share indices ended higher after the government proposed to open up the coal......
Rising debt a worry for telecom firms
The cumulative debt of telecom companies has risen a little over 200 per cent to an estimated Rs 2.5 lakh crore (Rs 2.5 trillion) in 2012-13 from Rs 82,726 crore (Rs 827.26 billion) in 2008-09.......
Vodafone, Idea gain most in revenue market share
Adjusted gross revenue of the industry has grown just 5.3 per cent during the financial year ended March 31 Vodafone and Idea Cellular have managed to grab most of the market that smaller telcos......
Rupee fall to hit some of India Inc's leading lights
Some leading Indian companies are likely to see their earnings declining if the Indian currency depreciates further, analysts and finance heads say.Top Indian companies, excluding banks, had an......
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