India's Vodafone Idea posts smaller-than-expected loss on 4G user boost
Vodafone Idea, India's third-largest telecom operator, reported a smaller-than-expected quarterly loss on Monday, as it added more 4G users....
Source: marketscreener.com
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indian market valuation: Markets have run ahead of fundamentals, time to be cautious
India is the shining star in the global stock market. The ones that didn't die post-Covid became immortal. Suzlon, Reliance Power, Reliance Infra, Jai Corp, Swan Energy, Idea Cellular, Imagicaa, Jai Prakash Associates, DB Realty and others have rallied 5-20x from their lows. And the ones that saw management changes like CG Power delivered 60x within 3years of being acquired.
Source: indiatimes.com
With ATC deal, Brookfield eyes long-term play in India's digital infra space
With this deal worth $2.5 billion, Brookfield-sponsored Data Infrastructure Trust’s tower portfolio will reach around 252,000. ATC is Brookfield’s third acquisition in India’s telecom infrastructure space.
Source: moneycontrol.com
Vodafone Idea: Voda Idea denies reports of talks with Musk's Starlink, shares slide
The shares had hit a 52-week high intraday Monday, gaining nearly 40% in two trading sessions after the report emerged on the Starlink talks.
Source: indiatimes.com
Hyatt hotel: Hyatt strengthens leadership in India and Southwest Asia region
Hyatt Hotels Corporation has expanded its senior leadership team in India and Southwest Asia, announcing Deepa Krishnan as head of marketing and Prasad Narulkar as director of digital. Krishnan will lead strategic marketing initiatives and brand development for Hyatt's portfolio in the region, having worked at companies like Tata Starbucks, Diageo, Godrej, and Idea Cellular.
Source: indiatimes.com