Mcap: 9 of top-10 most valued corporations bounce ₹2 lakh crore; Bharti Airtel sparkles

9 of the top-10 most valued corporations collectively added ₹2,01,552.69 crore in market valuation final week, with Bharti Airtel stealing the present, amid bullish traders’ sentiment in equities. Reliance Industries was main the chart of the top-10 most valued corporations adopted by TCS, HDFC Financial institution, Bharti Airtel, ICICI Financial institution, Infosys, State Financial institution … Read more

Airtel to close down Wynk Music app after 10 yrs, provide Apple music to customers

Bharti Airtel (Airtel) on Tuesday stated that it’ll shut its music app – Wynk Music — because it has tied up with Apple to carry unique affords of Apple TV+ and Apple Music to prospects in India by the top of this yr. Launched in 2014, Wynk Music has round 100 million subscribers proper now … Read more

Airtel launches limited-time “#FestiveOffer” for pay as you go clients

Bharti Airtel has launched a six-day “#FestiveOffer” promotion for pre-paid clients starting at the moment, September 6, 2024. The supply, open till September 11, contains three specifically curated packs priced at ₹979, ₹1,029, and ₹3,599. Every pack comes with extra advantages past their common options. Bharti Airtel shares had been buying and selling at ₹1,536.25, … Read more

Vodafone Thought’s income market dip to all-time low

Whilst Vodafone Thought (VIL) is deploying recent capital to strengthen its community, the beleaguered telecom operator continues to lose income market share. VIL’s income market share declined to an all-time low, with market share loss in 16 out of the 22 circles. “VIL’s Q1FY25 market share was 50 bps (foundation factors) decrease versus FY24 and … Read more

Mcap: Seven of 10 valued corporations add ₹1.40 lakh crore; TCS, Infosys lead gainers

The mixed market valuation of seven of the highest 10 valued corporations jumped ₹1,40,863.66 crore in a holiday-shortened final week with the benchmark Sensex gaining practically 1 per cent. Tata Consultancy Providers and Infosys emerged as the most important gainers in step with an optimistic pattern at Dalal Avenue. Final week, the BSE benchmark rose … Read more

Mount 25,000: Shares that fuelled Nifty’s surge from 20,000

Friday was a down day for Nifty 50 however that was after the index crossed yet one more milestone on Thursday. On Thursday, the Nifty 50 index closed above 25,000 for the primary time. It had scaled 20,000 for the primary time on September 13, 2023 and since then it has been a outstanding journey … Read more

Are elevated cellular tariffs a barrier to entry for small companies in India? 

Telecom operators Reliance Jio, Bharti Airtel and Vodafone Thought not too long ago elevated their cellular tariffs. This sudden surge in expenses might impression prospects and companies. On this State of the Financial system podcast, businessline’s Anjana PV speaks to Dr. V.Sridhar, Professor, Centre for IT and Public Coverage at IIIT, Bengaluru to know extra concerning … Read more

Mcap: 7 of top-10 most valued corporations bounce ₹1.72 lakh crore; TCS steals present

The mixed market valuation of seven of the top-10 most valued corporations jumped ₹1,72,225.62 crore final week, with IT bellwether Tata Consultancy Companies (TCS) stealing the present, amid a rally in equities. Additionally learn: TCS earnings rise 8.8% to ₹12,105 cr in Q1 on India income progress Final week, the BSE benchmark jumped 522.74 factors, … Read more

Mcap: 8 of top-10 most-valued companies jumps ₹1.83 lakh cr; TCS, Infosys largest gainers

Eight of the top-10 most valued companies collectively added ₹1,83,290.36 crore in market valuation final week, with IT majors Tata Consultancy Companies (TCS) and Infosys rising as the most important gainers, consistent with a rally in equities. Final week, the BSE benchmark jumped 963.87 factors, or 1.21 per cent. Reliance Industries remained probably the most … Read more

As telcos chase greater margins, decrease finish customers may get hit

Bharti Airtel and Vodafone Concept elevated cell tariffs by 11-20 per cent on Friday following Jio’s announcement. Whereas Airtel’s new tariffs will come into impact from July 3, Vi will implement the hike a day afterward July 4. Each the operators’ lowest tariff plan elevated by 11 per cent, from ₹179 to ₹199 per thirty … Read more