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Earnings growth of domestic cyclicals (largest contributor to earnings) is forecast to decelerate in FY25, says Nitin Bhasin.
Mukesh Ambanis Jio disrupted the market in 2016 with cheap 4G data services, sparking a price war that reshaped the sector into a near-duopoly dominated by Jio and Bharti. Average revenue per user plunged, burdening telecom operators with massive debts.
India Business News: India's telecommunications sector is poised for a resurgence, driven by anticipated tariff increases and the adoption of high-speed networks, which ar
ICICI Bank's shares saw a 3% surge in the trading session following the release of its Q4FY24 results. Here are key insights brokerages provided regarding this private lender's performance.
The rally in Indus Towers was driven up improved collections, net tower additions and the fund-raise by Vodafone Idea.