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JM Financial forecasts Jio's ARPU to rise 4.5% QoQ to ₹204. Bharti Airtel is expected to see 4.8% QoQ growth in India wireless revenue and 5.8% QoQ growth in EBITDA, driven by a 4.7% ARPU increase to ₹244. Bharti Hexacom’s ARPU is set to grow 4.7% QoQ to ₹239. Continue Reading »
Manappuram microfinance arm Asirvad is expected to witness a gradual improvement in new business volumes, but it remains to be seen how it tackles the asset-quality stress that the MFI sector is facing Continue Reading »
TCS Q3 Dividend: Tata Consultancy Services (TCS) announced its third interim dividend issue along with a special dividend issue for investors on Thursday, Janaury 9. Shares closed lower ahead of result release. Continue Reading »
Top Gainers and Losers Today : The Sensex lost 528.28 points, or -0.68, to settle at 78148.49, while the Nifty lost 162.45 points, or -0.69, to close at 23688.95. Continue Reading »
Diageo, Pernod Ricard, and Carlsberg are claiming $466 million in debts from Telangana, India. Heineken stopped supplies over unpaid dues, and the state's failure to approve price hikes since 2019 has worsened financial issues, leading to market concerns. Continue Reading »