Posts

Airtel Q1 profit jumps 37% to Rs 8,167 crore

Image
Bharti Airtel reported a significant profit increase of 37.3% in the first quarter. This growth was fueled by higher mobile tariffs and strong customer additions across businesses. Revenue also saw a substantial rise of 18.4% during the same period. The company's average revenue per user increased to Rs 264 from Rs 250 a year ago. Airtel Africa's stake increased to over 79% reflecting growth potential. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/58ihfbI >
Post a Comment
Read more

Low-cost Asean imports worry medical device companies

Image
Low-priced medical device imports from China and Malaysia are impacting India's domestic manufacturing capabilities. Imports from Asean countries have increased significantly, affecting local players. Chinese products often enter India through Asean nations, exploiting free trade agreements. Domestic companies are finding it difficult to compete, despite government incentives. Urgent renegotiation of trade agreements is needed to protect local industries. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/D9RP0SN >
Post a Comment
Read more

ICICI’s add-on for post-accident hassles

Image
from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/DLQP5CA >
Post a Comment
Read more

Ex-British Airways CEO takes charge at IndiGo

Image
from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/nvWFc93 >
Post a Comment
Read more

Sensex jumps 544 pts on hopes of Gulf peace talks

Image
Nifty also saw a significant rise in the last twenty minutes of trading. The Indian rupee remained nearly unchanged against the US dollar. Dollar demand from importers and state-run banks increased during the session. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/AVuXUzI >
Post a Comment
Read more

West Asia war uncertainty keeps businesses on edge

Image
Businesses face significant cost management challenges due to ongoing West Asia conflict. Commodity inflation and freight charges create persistent planning uncertainties for companies. This instability may lead to postponed capital deployment and fewer new job additions. Consumers can expect widespread price increases across various products and services. Companies are considering further pricing interventions to manage margin impacts. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/vFQHJy6 >
Post a Comment
Read more

July GST collections up 15.4% to Rs 2.1 L cr on higher imports

Image
Goods and Services Tax collections rose 15.4 percent to Rs 2,11,205 crore in July. This increase was largely due to a 29 percent jump in integrated GST on imports. Strong economic activity and higher commodity prices also contributed to the robust tax collections. Central GST mop-up increased 12.3 percent while state GST grew 8.7 percent. Net collections after refunds went up 15.8 percent, reflecting continued economic resilience. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/T7LvyI0 >
Post a Comment
Read more