Currency depreciation also hits earnings of all domestic carriers
New customer additions by Reliance Jio and Bharti Airtel pushed the Indian telecom subscriber base past 120.5 crore in June, according to a Trai report released on Tuesday. The wireless subscriber base grew marginally to over 117 crore and wireline connections in the country increased to 3.51 crore in June from 116.89 crore and 3.47 crore, respectively, in May, as per data released in Trai's subscriber report for June.
Liverpool's Luis Diaz scored a hat-trick as they maintained their perfect Champions League campaign with a barnstorming second-half display in a 4-0 victory over Xabi Alonso's Bayer Leverkusen at Anfield on Tuesday.
Long-term macro trends indicate growth in demand for air travel. Trends from the ticketing website MakeMyTrip indicate a likely annual growth of between 11-17 per cent in Indian air travel demand over FY24-30. Through that period, InterGlobe Aviation or IndiGo may continue to make gains in market share in both domestic and international travel, aided by large fleet additions. IndiGo is the largest global customer of Airbus by far with 950 aircraft orders outstanding.
A late penalty from Bryan Zaragoza secured Spain a 3-2 win over Switzerland in their final Nations League Group A4 game on Monday.
ITI Ltd has posted a net loss of Rs 456.00 million for the quarter ended December 31, 2002 as compared to a net profit of Rs 25.00 million in the quarter ended December 31, 2001.
East Bengal look to revive fortunes in derby
Zheng's win improved her record at the Pan Pacific Open to 8-1, with the 22-year-old having lost in the 2022 final to Liudmila Samsonova in her only previous appearance in the tournament.
According to SBI executives, the aim is to do things efficiently with an eye on profitability, and get a feedback on areas, including which business to enter and which to exit.
Images from Sunday's action in the Premier League.
Burdened by high fuel and labour costs, cash-strapped Air India suffered a net loss of Rs 5,548 crore (Rs 55.48 billion) in 2008-09, as its total revenue declined by around Rs 2,000 crore (Rs 20 billion) compared to the previous fiscal.
Re-rating of Axis Bank's stock may continue in the near-future, believe analysts, as the risk-reward on the stock remains favourable amid healthy financials. The bullish stance comes after the Mumbai-based lender delivered a strong outperformance in the March quarter of fiscal year 2023-24 (Q4FY24) on core pre-provision profit and net profit, with improving asset quality. Axis Bank's net interest margin (NIM) expanded, against expectations, even in a tough market.
Tata Engineering & Locomotive Company Ltd has posted a net profit of Rs 757.10 million for the quarter ended December 31, 2002 as compared to a net loss of Rs 555.40 million in the quarter ended December 31, 2001.
Debt-ridden Kingfisher Airlines reported net loss of Rs 754 crore for the July-September quarter, a sharp increase from Rs 469 crore in the year-ago period.
Aaron Finch stressed the need to be ultra-positive and ultra-aggressive
Images from the English Premier League matches played on Saturday.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Coco Gauff beat defending champion Iga Swiatek 6-3 6-4 at the WTA Finals in Riyadh on Tuesday to reach the semi-finals and ensure Aryna Sabalenka would finish the year as world number one.
Commerce and Industry Minister Piyush Goyal on Wednesday questioned Amazon's announcement of $1 billion investment in India, saying the US retailer was not doing any great service to the Indian economy but filling up for the losses it had suffered in the country. He said that their huge losses in India "smells of predatory pricing", which is not good for the country as it impacts crores of small retailers.
A summary of Saturday's action in the English Premier League.
Piotr Zielinski converted two penalties for Inter Milan as they played out a thrilling 4-4 draw with Juventus.
French carmaker Renault on Thursday posted a net loss of 2.7 billion euro for the six months ended June 30 as all its major markets shrank due to the global economic meltdown.
At 40 years and 126 days, Sunil Chhetri became the oldest hat-trick scorer in the ISL history
India Inc reported an uptick in revenue growth in the January-March quarter (Q4) of 2023-24 (FY24), but it came at the cost of a deceleration in earnings growth.
Experts expect a net loss of Rs 26.7 billion for IndiGo and Rs 10.1 billion for SpiceJet in Q1FY21 driven by low traffic volume, low fleet utilisation and poor coverage of fixed costs.
In June, Sensex went up 6.6% and Nifty 6.9%, their best monthly gains since December 2023.
Bharti Televentures on Tuesday reported a net profit of Rs 161 crore (Rs 1,610 million) for the third quarter ended December 2003 as against a net loss of Rs 7 crore in the corresponding quarter last year.
"The loss in the second quarter of 2009 resulted from exceptional charges amounting to $1.2 billion primarily related to write-downs of inventory ($0.9 billion) and provisions for workforce reductions ($0.3 billion)," L N Mittal-promoted company said.
Bombay Dyeing & Manufacturing Company Ltd has posted a net profit of Rs 59.40 million for the quarter ended December 31, 2002 as compared to a net loss of Rs 229.40 million in the quarter ended December 31, 2001.
Century Textiles & Industries Ltd has posted a net profit of Rs 187.10 million for the quarter ended December 31, 2002 as compared to a net loss of Rs 44 million in the quarter ended December 31,2001.
Torrent Pharmaceuticals Ltd has posted a net profit of Rs 142.60 million for the quarter ended December 31, 2002 as compared to net loss of Rs 276.60 million in the quarter ended December 31, 2001.
Arvind Mills Ltd has posted a net profit of Rs 366.60 million for the quarter ended December 31, 2002 as compared to net loss of Rs 216.30 million in the quarter ended December 31, 2001.
Anil Ambani-led Reliance Communications on Monday posted a net profit at Rs 702 crore (Rs 7.02 billion) for the second quarter ended September 30, 2006, as against a net loss of Rs 19 crore (Rs 190 million) in the previous quarter.
Laura Siegemund and Edouard Roger-Vasselin beat Desirae Krawczyk and Neal Skupski 6-4 7-5 to win their maiden mixed doubles title together at the French Open
On a five-day rolling basis, FPI selling is the highest in 24 years.
Indian men's hockey team set for first real test against Belgium
Roundup of the matches being held across major football leagues in Europe
West Indies will need their all-round firepower against a rampaging South Africa in their must-win final Super Eight clash.
Images from Sunday's action in the English Premier League.
Global steel giant ArcelorMittal on Wednesday reported a net income of $1.07 billion for the three month period ended December 31, 2009, on the back of improvement in demand and several cost cutting measures.
