News for 'vittal'

Airtel's Net Profit Plunges in Q3 2025

Airtel's Net Profit Plunges in Q3 2025

Rediff.com5 Feb 2026

Bharti Airtel reported a significant drop in consolidated net profit for the third quarter ended December 2025, citing increased network operating costs and statutory fees.

Airtel to call for Rs 15,741 cr tranche of rights issue

Airtel to call for Rs 15,741 cr tranche of rights issue

Rediff.com19 Dec 2025

India's second-largest telecom service provider Bharti Airtel will call in March 2026 the final tranche of about Rs 15,741 crore from its 2021 rights issue of Rs 21,000 crore, proceeds from which will be used towards retiring majority of non-government-related debt.

Airtel to approach DoT on AGR in coming days: MD

Airtel to approach DoT on AGR in coming days: MD

Rediff.com5 Nov 2025

Telecom firm Bharti Airtel will approach the government on the adjusted gross revenue (AGR) it has to pay the exchequer following the Supreme Court's judgment that the government can reassess all AGR dues, according to vice-chairman and managing director Gopal Vittal.

Bharti Airtel Q2 profit more than doubles to Rs 8,651 crore

Bharti Airtel Q2 profit more than doubles to Rs 8,651 crore

Rediff.com3 Nov 2025

Bharti Airtel on Monday reported over twofold jump in consolidated net profit at Rs 8,651 crore for September quarter FY26, mainly on account of growth in high-paying smartphone customers and post-paid connections.

Mobile tariff design skewed in India; rich paying less: Airtel MD

Mobile tariff design skewed in India; rich paying less: Airtel MD

Rediff.com6 Aug 2025

Bharti Airtel sees opportunity in raising tariff for data services as it feels that rich are paying less and poor are not required to pay anymore, a senior official of the company said. During the company's earnings call for the first quarter of the current fiscal, Bharti Airtel vice-chairman and MD Gopal Vittal said that the company has written to the government for a relief on adjusted gross revenue and has demanded that it should be given benefit at par with other telecom operator, without naming Vodafone Idea.

Can Airtel convert AGR dues into govt equity?

Can Airtel convert AGR dues into govt equity?

Rediff.com15 May 2025

Bharti Airtel vice-chairman & managing director Gopal Vittal on Wednesday said while a call on exercising the option of converting pending spectrum dues into government equity would be taken by its board, the company had reached out to the Department of Telecommunications (DoT) to confirm whether it could do so. "On the adjusted gross revenue (AGR) conversion, it was simple.

Airtel partners Elon Musk's SpaceX for high-speed internet services in India

Airtel partners Elon Musk's SpaceX for high-speed internet services in India

Rediff.com11 Mar 2025

Telecom operator Bharti Airtel on Tuesday said it has partnered with Elon Musk's SpaceX for providing Starlink's high-speed internet services to its customers in India. This agreement is subject to SpaceX receiving authorisations to sell Starlink's satellite communications-based services in India, Airtel said in a statement.

Will A Desi Kid Win US Spelling Bee Again?

Will A Desi Kid Win US Spelling Bee Again?

Rediff.com29 May 2025

The annual Scripps National Spelling Bee, which is taking place at the Gaylord National Resort & Convention Center Hotel in National Harbor, Maryland, outside Washington DC, turns a hundred years old.

Bharti Airtel Q4 profit jumps five-fold to Rs 11,022 cr

Bharti Airtel Q4 profit jumps five-fold to Rs 11,022 cr

Rediff.com13 May 2025

Telecom operator Bharti Airtel posted about a five-fold jump in consolidated net profit to Rs 11,022 crore in the March 2025 quarter, mainly due to the tariff hike impact and one-time gain on tax benefits. Bharti Airtel had posted net profit (attributable to owners of the parent company) of Rs 2,071.6 crore a year ago.

Bharti Airtel Q2 net profit zooms nearly three-fold to Rs 3,593 cr

Bharti Airtel Q2 net profit zooms nearly three-fold to Rs 3,593 cr

Rediff.com28 Oct 2024

Bharti Airtel on Monday reported a 168 per cent year-on-year rise in consolidated net profit to Rs 3,593 crore for the September quarter, and the company unveiled top-level changes, including Gopal Vittal moving into the role of executive vice chairman on January 1, 2026. India's second-largest telco - that competes with Reliance Jio and Vodafone Idea in the Indian telecom market - clocked quarterly revenues of Rs 41,473 crore, 12 per cent higher than the year-ago period, aided by strong momentum in India and growth in Africa.

Meet Gopal Vittal, the new Airtel CEO

Meet Gopal Vittal, the new Airtel CEO

Rediff.com18 Jan 2013

For Vittal, who will take over from the current CEO, Sanjay Kapoor, in March, reversing the telco's shrinking revenues and market share will be among the first of the challenges.

Sanjay Kapoor resigns from Airtel; Vittal new CEO

Sanjay Kapoor resigns from Airtel; Vittal new CEO

Rediff.com15 Jan 2013

The new chief had spent last year understanding data space.

Bharti Airtel Q1 profit jumps 2.5 times to Rs 4,160 cr

Bharti Airtel Q1 profit jumps 2.5 times to Rs 4,160 cr

Rediff.com5 Aug 2024

Telecom operator Bharti Airtel reported more than 2.5 times jump in its consolidated profit to Rs 4,160 crore in the April-June quarter of 2024-25 compared to the year-ago period driven by an improvement in average revenue per user and an exceptional gain of Rs 735 crore. The company had posted a profit of Rs 1,612.5 crore in the same period a year ago. The consolidated revenue from operations of Bharti Airtel increased by 2.8 per cent to Rs 38,506.4 crore during the reported quarter from Rs 37,440 crore in the June quarter of the last year.

Agni Review: All About Infernos

Agni Review: All About Infernos

Rediff.com6 Dec 2024

For all its flaws, Agni is a clutter-breaking film, and its portrayal of the lives of firefighters is a case of better late than never, observes Deepa Gahlot.

Govt trying to avoid humiliation: Ex-CVC Vittal

Govt trying to avoid humiliation: Ex-CVC Vittal

Rediff.com28 Jan 2011

"If Swaraj files her affidavit before the court and exposes Prime Minister Manmohan Singh and Home Minister P Chidambaram, they would be stripped before the court," Vittal said.

Can Gopal Vittal guide Airtel through its existential crisis?

Can Gopal Vittal guide Airtel through its existential crisis?

Rediff.com1 Feb 2013

Telecom as a market is heading towards saturation and Airtel, the industry leader, is strongly impacted. The company needs to do nothing short of re-inventing itself if it wants to keep its earlier growth momentum going.

Bharti Airtel profit tanks 31% on Nigerian Naira woes

Bharti Airtel profit tanks 31% on Nigerian Naira woes

Rediff.com14 May 2024

Telecom operator Bharti Airtel on Tuesday posted a 31 per cent drop in consolidated profit to Rs 2,072 crore in the March quarter mainly due to devaluation of the Nigerian Naira. The company had registered a profit of Rs 3,005.6 crore in the year-ago period. The consolidated revenue of operations increased 4.4 per cent to Rs 37,599.1 crore during the quarter under review from Rs 36,009 crore a year earlier.

Airtel's Q3 net rises 54% to Rs 2,442 crore

Airtel's Q3 net rises 54% to Rs 2,442 crore

Rediff.com5 Feb 2024

Bharti Airtel on Monday posted a 54 per cent jump in consolidated net profit to Rs 2,442.2 crore in the December quarter, mainly on account of growth in high value customers. Airtel prepaid mobile customers are required to pay at least Rs 155 for about a month-long service as the company had raised rates by 56 per cent in January 2023. Bharti Airtel managing director Gopal Vittal has indicated a need for further increase in mobile services rates.

Airtel to launch 5G within a month, cover all urban area by 2023

Airtel to launch 5G within a month, cover all urban area by 2023

Rediff.com7 Sep 2022

Telecom operator Bharti Airtel expects to launch 5G services within a month and cover key metros by December, a top official of the company said on Wednesday. The telco plans to cover all urban areas of the country by the end of 2023, according to the company's CEO. Bharti Airtel CEO Gopal Vittal in a communication to the customers said Airtel 5G will deliver dramatically higher speeds of 20-30 times compared to a 4G network.

Major rejig at Airtel; CEO Vittal becomes more powerful

Major rejig at Airtel; CEO Vittal becomes more powerful

Rediff.com29 Jan 2014

Within a year of Gopal Vittal becoming the joint MD and CEO of Bharti Airtel's India operations, the company has elevated him as the MD and CEO for Bharti Airtel's operations in India and South Asia.

Bharti Airtel Q3 net profit surges 92% to Rs 1,588 crore

Bharti Airtel Q3 net profit surges 92% to Rs 1,588 crore

Rediff.com7 Feb 2023

Telecom operator Bharti Airtel on Tuesday reported a 91.5 per cent year-on-year rise in consolidated net profit at Rs 1,588 crore for the three months ended December 2022, helped by competitive growth across businesses. Total revenue rose nearly 20 per cent to Rs 35,804 crore in the third quarter of the current financial year "backed by strong and consistent performance delivery across the portfolio", the company said in a statement. Its consolidated net income (after exceptional items) stood at Rs 1,588 crore for the just ended quarter, translating into an increase of 91.5 per cent year-on-year.

Airtel to launch 5G services this month, cover every town by 2024

Airtel to launch 5G services this month, cover every town by 2024

Rediff.com9 Aug 2022

Telecom operator Bharti Airtel will start rolling out 5G services this month and cover all towns and key rural areas of the country by March 2024, a senior company official said on Tuesday. Bharti Airtel managing director and CEO Gopal Vittal also said that the price of mobile services in India is very low and needs to go up. "We intend to launch 5G starting August and extend to a Pan India roll out very soon.

Bharti Airtel Q1 profit flat at Rs 1,612 cr, ARPU rises to Rs 200

Bharti Airtel Q1 profit flat at Rs 1,612 cr, ARPU rises to Rs 200

Rediff.com3 Aug 2023

Telecom operator Bharti Airtel on Thursday posted a net profit of Rs 1,612 crore for the first quarter ended June 2023, which is nearly flat over earnings in the same period of the previous year. The revenue for the just-ended quarter was 14 per cent higher at Rs 37,440 crore compared to the year-ago period "backed by strong and consistent performance delivery across the portfolio", the company said.

Renowned Telangana folk singer Gaddar passes away

Renowned Telangana folk singer Gaddar passes away

Rediff.com6 Aug 2023

Renowned Telangana folk singer and balladeer Gaddar, who was popularly known for his revolutionary songs during the 1980s and later during the Telangana statehood agitation, passed away in Hyderabad on Sunday due to ill-health. He was 77.

Next spectrum auction likely in February

Next spectrum auction likely in February

Rediff.com7 Dec 2023

The next spectrum auction will be held in late February 2024 and the reserve price for most bands will remain the same as the 2022 auction, department of telecommunications (DoT) officials have said. The government expects operators to go for low bands beginning in 600 megahertz (MHz), licences for many of which are lapsing soon. Back in September 2021, the government had decided that spectrum auctions should be held annually.

Telcos pay Rs 17,873 crore as first instalment of 5G spectrum dues

Telcos pay Rs 17,873 crore as first instalment of 5G spectrum dues

Rediff.com18 Aug 2022

The Department of Telecommunications (DOT) on Wednesday received over Rs 17,873 crore from companies towards 5G spectrum dues. Nearly half the amount (Rs 8312.4 crore) was paid by Bharti Airtel, which made advance payments for four years to free up cash for future investments. Reliance Jio and Vodafone Idea paid Rs 7,864 crore and Rs 1,680 crore, respectively.

Indian women's hockey team lose to hosts Germany

Indian women's hockey team lose to hosts Germany

Rediff.com18 Jul 2023

The Indian Women's Hockey Team lost 1-4 to Germany in the first of the two matches against the hosts played here at Wiesbaden on Tuesday.

The next telecom battle in India is about to begin

The next telecom battle in India is about to begin

Rediff.com30 Aug 2022

The merits and demerits of the telcos' 5G strategy however is clearly dependent on the financial muscle of players, reports Surajeet Das Gupta.

India needs 3 private players in telecom: Airtel CEO

India needs 3 private players in telecom: Airtel CEO

Rediff.com4 Aug 2021

Bharti Airtel CEO Gopal Vittal on Wednesday asserted that a large nation like India needs three private players in the telecom sector, and hoped the government would take measures to offer relief to the industry that is facing "serious financial stress". The comments assume significance in the backdrop of Vodafone Idea's desperate struggle to stay afloat. Aditya Birla Group chairman Kumar Mangalam Birla had in June this year offered to hand over the group's stake in debt-laden Vodafone Idea Ltd (VIL) to the government or any other entity to ensure that the company remains a going concern.

Cyber-fraud cases will become 'alarmingly frequent': Airtel

Cyber-fraud cases will become 'alarmingly frequent': Airtel

Rediff.com27 Oct 2021

Telecom operator Bharti Airtel's CEO has warned customers about rising cases of cyber-frauds, citing a recent instance of a fraudster who posed as company executive and under the guise of updating KYC form, tricked a user into revealing bank details to transfer large amount from the bank account. In an email outreach to subscribers, Gopal Vittal, CEO of Airtel urged users to be vigilant against such cases of cyber fraud that are becoming "alarmingly frequent". Vittal spoke of a recent case where a cyber-fraudster posing as company executive called up an Airtel customer on the pretext of updating his Know Your Customer (KYC) form, tricked him into revealing his bank details and transferred a large sum of money from his bank account.

Bharti Airtel net profit soars 49.2% to Rs 3,006 cr in Q4

Bharti Airtel net profit soars 49.2% to Rs 3,006 cr in Q4

Rediff.com16 May 2023

Telecom operator Bharti Airtel on Tuesday posted a 49.2 per cent jump in its consolidated net profit to Rs 3,005.6 crore for the January-March quarter of 2022-23 on the back of new 4G customers and strong growth in average revenue per user (ARPU). The company had recorded a net profit of Rs 2,007.8 crore in the same period a year ago. Bharti Airtel's consolidated revenue from operations grew by 14.31 per cent to Rs 36,009 crore during the reported quarter from Rs 31,500.3 crore in the March 2022 quarter.

What's Bollywood Celebrating?

What's Bollywood Celebrating?

Rediff.com20 Apr 2023

Nysa turns 20... Babita turns 76... And Arshad Warsi is...

Asian Games hockey: Lalit returns; Savita to lead women's team

Asian Games hockey: Lalit returns; Savita to lead women's team

Rediff.com31 Aug 2023

Besides two goalkeepers, the Asian Games-bound team will have six defenders, five midfielders and as many forwards.

Asian Games: One big target for women's hockey team...

Asian Games: One big target for women's hockey team...

Rediff.com20 Sep 2023

The Indian women's hockey team will open their campaign against Singapore on September 27.

Airtel subscribers beware! Cyber criminals are on prowl

Airtel subscribers beware! Cyber criminals are on prowl

Rediff.com20 May 2021

Airtel CEO Gopal Vittal on Thursday warned about a rise in cyber frauds amid a massive surge in online transactions during the second wave of the pandemic, and asserted the company is working "relentlessly" and coming out with safety features to ensure customers are not vulnerable to fraudsters. In an e-mail outreach to customers, Vittal highlighted the modus operandi being adopted by fraudsters and also drew attention to cyber frauds related to digital payments. "With the growing second wave of the pandemic and lockdowns in various parts of the country, there has been a massive increase in online transactions. "Unfortunately, there has also been a corresponding increase in cyber fraud," Vittal said.

Airtel to lean on its 180 mn digital users to propel payments bank business

Airtel to lean on its 180 mn digital users to propel payments bank business

Rediff.com5 Nov 2021

Bharti Airtel aims to leverage its 180 million plus digital service customers and its wide presence in rural areas to grow its payment bank business. "We are well placed as we can leverage the 180 million plus customers we have across our digital assets. "We offer a plethora of services such as lucrative interest rates, gift cards, FASTag, telecom recharges, payments and debit cards. "Our large merchant base of more than eight million allows us to drive both engagement and monetisation.

How Airtel took a long call on profit by focusing on costs and customers

How Airtel took a long call on profit by focusing on costs and customers

Rediff.com20 Jun 2022

Six consecutive profitable quarters after an equal number of losses - for Bharti Airtel, the turnaround has been quick. But it is not a result of higher tariffs or absence of exceptional items alone. Execution and strategy are playing a part, too. Bharti Airtel's chief executive officer Gopal Vittal summed it up in a post-result conference call last month. "We track the profit in each of our 237,500 (cell) sites.

Airtel 5G service goes live in 8 cities, customers to pay as per 4G plan

Airtel 5G service goes live in 8 cities, customers to pay as per 4G plan

Rediff.com6 Oct 2022

Bharti Airtel on Thursday said its 5G services have gone live in eight cities of Delhi, Mumbai, Chennai, Bengaluru, Hyderabad, Siliguri, Nagpur and Varanasi. The customer availing 5G services will have to pay as per their existing 4G plan, it said. "Airtel has been at the forefront of India's telecom revolution for the last 27 years.

Bharti Airtel hikes entry-level plan in 7 circles to shore up Arpu

Bharti Airtel hikes entry-level plan in 7 circles to shore up Arpu

Rediff.com25 Jan 2023

Bharti Airtel on Tuesday announced that it has scrapped the minimum recharge plan of Rs 99 in seven circles -- Andhra Pradesh, Bihar, Himachal Pradesh, Karnataka, Northeast, Rajasthan, and Uttar Pradesh (West). In these circles, the price of the entry-level plan now would be Rs 155. This 57 per cent increase in Airtel's entry-level plan comes two months after the telco discontinued the Rs 99 plan in Haryana and Odisha in November last year.