New Delhi, May 31 (IANS) The Adani Group saw an impressive 40 per cent EBITDA growth (year-on-year) in the
Source: menafn.com
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Adani Group back on expansion spree after robust growth, eyes $90 billion capex: Jefferies
The Adani Group saw an impressive 40 per cent EBITDA growth (year-on-year) in the financial year 2023-2024 (FY24), after its market capitalisation was hit by a short-seller report in late FY23, a Jefferies report has shown.During FY24, the ...
Source: prokerala.com
5G india: 5G adoption on a roll in India, yet tariff upside may be minimal: India Ratings
India's 5G subscriber base is expected to rise to 20-25% within a year, but significant tariff hikes remain uncertain, says Ind-Ra. While telcos are better positioned for tariff increases, global trends show no major premium for 5G over 4G. Ind-Ra maintains a neutral sector outlook, noting investment peaks and potential market share shifts towards Reliance Jio and Bharti Airtel.
Source: indiatimes.com
Telecom sector at an inflection point, outlook stable for FY25: Ind-Ra
The ratings firm added that the Indian telecom industry was at an inflection point in fiscal 2024 with their investments in 5G networks and spectrum renewal having peaked to almost $20 billion. Thereafter, telcos would keep their investments subdued while possibility of tariff increase remains uncertain.
Source: indiatimes.com
RBI's dividend transfers to ease near-term deposit accretion woes; Medium-term structural challenges will continue
This transfer, coupled with the subsequent government spending, will bolster the central government's fiscal position, enabling potential additional spending or fiscal consolidation.
Source: devdiscourse.com