A latest note by ICRA says that the sector can expect ARPU (average revenue per user) to touch Rs 220 in the medium term. ARPU is an important metric to track the performance of the telcos

The reason behind the rise in debt levels of telcos is because of the accumulation of AGR (Adjusted Gross Revenue) liabilities in debt, besides the proposed spectrum auctions, ICRA said in a report

The latest report by IIFL Securities indicated that tariff increase may not be immediate and instead sees a \"high likelihood of price hike in 12-18 months\"

In a recent report, Goldman Sachs analysts said that following their conversations with investors, there's a view that Jio will not raise prices and as such Airtel and Vodafone Idea may have to roll back prices if they raise them

The telco has been making losses and is aiming to ramp up its 4G network and clear the adjusted gross revenue (AGR) dues

Sunil Mittal said that Airtel has clarified in the past that tariff hike is necessary, but the company cannot move ahead with it sans support from the rest of industry and regulator

Even though the telco said that it plans to raise about Rs 25,000 crore within two-three months, it seems that there's no way it can avoid tariff hikes at the moment

Bharti Airtel is in a sweet spot again, thanks to tariff hikes last year, digital gameplan and relentless focus on winning quality customers

Even though the postpaid market accounts for just 5 per cent subscriber base, it contributes 16 per cent to the overall mobile revenues of telcos

The agencies believe that since Airtel is not required to make lumpsum AGR payment to Department of Telecommunications, the telco can use some of its recently-raised funds to deleverage

Vodafone Idea will raise Rs 25,000 crore through share sale and debt and Rs 10,000 crore via sale of fibre business and data centre

Dow Jones opened higher as a rout in technology shares halted and investors shrugged off news that AstraZeneca had paused global trials of its experimental COVID-19 vaccine

This include personal income tax (PIT) refunds amounting to Rs 30,768 crore issued to 25.83 lakh taxpayers and corporate tax refunds amounting to Rs 70,540 crore issued to over 1.71 lakh taxpayers during this period

The 2020 Forbes list of 400 Richest People in America has been topped by Bezos, 56 who has a net worth of USD 179 billion and has occupied the spot of the richest person in the US for the third year in a row

The coal behemoth said that 18 mining projects with a total rated capacity of 132.04 million tonnes per annum and a total investment of Rs 21,244.55 crores were approved by the board of CIL and its arms during 2019-20

The scheme is aimed at achieving the government's objective of 'Housing for All'. Despite the COVID-19 induced lockdown, IIFL Home Finance has continued business at a brisk pace and is back to normal as earlier, a company release said

Sebi had initiated investigation into trading of shares of GSL after receiving reference from the Income Tax Department. It was found that Global Securities Ltd (GSL) had in October 2010 come out with preferential allotment which turned out to be a sham

The registration process for the recruitment of PNB Specialist Officers at these post has already begun. The last date for registration is September 29

According to VIL's notice, Takkar has been appointed as MD and CEO for a period of three years with effect from August 19, 2019 and will be given \"nil remuneration\"

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