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Mumbai: Vodafone Idea (Vi) narrowed its net loss for the second straight quarter, aided by an improving subscriber mix of higher-paying 4G/5G users, lower finance costs and a one-time exceptional gain. During the September quarter, Vi's net loss reduced to ₹5,524 crore versus ₹6,608 crore in the previous quarter. While the company has slowed subscriber churn over recent quarters, the third-largest telco continues to lose users to larger rivals Reliance Jio and Bharti Airtel. The joint venture ...Read More >
New Delhi: A '1-rupee' storm is brewing in India's telecom sector. State-owned Bharat Sanchar Nigam Ltd's (BSNL) new 4G recharge plan for ₹1, seen as an attempt to draw new users to its long-awaited 4G network, has drawn fire from private telecom operators, who allege it violates regulatory rules, three people in the know said. The dispute revives memories of Reliance Jio's 2016 entry, when free offers upended the market and triggered years of tariff wars. Now, as Jio and Bharti Airtel dominate ...Read More >
New Delhi, Oct 14 (PTI) Jio Platforms on Friday reported a 12.8 per cent year-on-year rise in its consolidated net profit to Rs 7,379 crore for the July-September quarter of 2025-26, driven by a rise in average revenue per user and higher traction in fixed wireless access service, JioAirFiber. The revenue from operations of Jio Platforms, which houses Reliance Industries' telecom and digital businesses, rose 14.6 per cent to Rs 36,332 crore in the September quarter compared to Rs 31,709 crore i ...Read More >
Mumbai, Oct 17 (PTI) Reliance Industries Ltd (RIL) on Friday reported a 9.6 per cent year-on-year rise in net profit for the September quarter, driven by strong performance in its consumer-facing retail and telecom businesses and a recovery in its core oil-to-chemicals segment. However, higher inventory losses weighed on overall earnings, leading to a sequential decline compared to the previous quarter. The oil-to-retail conglomerate posted a consolidated net profit of Rs 18,165 crore in July- ...Read More >
NEW DELHI, Aug 18: India's telecom sector is set for strong financial performance as the operating profit (Ebidtar) is expected to climb 12-14 per cent and reach about Rs 1.55 lakh crore in FY26 as per Crisil Ratings. Earnings Before Interest, Taxes, Depreciation, Amortization, and Rent (or restructuring), or EBIDTAR is a financial metric used to assess a company's operating performance. The expected optimistic performance of the Indian telecom sector is driven by surging data consumption and ...Read More >
New Delhi, Aug 18 (PTI) The operating profit of telecom companies in India is expected to grow 12-14 per cent to about Rs 1.55 lakh crore this fiscal, driven by more data consumption and rise in average revenue per user, Crisil Ratings said on Monday. The "robust" operating performance, along with declining capital expenditure intensity of leading players post 5G rollout, is seen improving free cash flow, supporting credit profiles of leading players in the industry. The telecom industry benef ...Read More >
New Delhi, Aug 18 (PTI) The operating profit of telecom companies in India is expected to grow 12-14 per cent to about ₹1.55 lakh crore this fiscal, driven by more data consumption and rise in average revenue per user, Crisil Ratings said on Monday. The "robust" operating performance, along with declining capital expenditure intensity of leading players post 5G rollout, is seen improving free cash flow, supporting credit profiles of leading players in the industry. The telecom industry benefit ...Read More >
Mumbai, August 14: Vodafone Idea's losses grew in the June 2025 quarter (Q1 FY26) as the telecom operator reported a net loss of Rs 6,608 crore, compared to Rs 6,432 crore in the same period previous fiscal (Q1 FY25). However, the company's revenue from operations rose 5 per cent to Rs 11,023 crore, up from Rs 10,508 crore in the year-ago quarter, according to its stock exchange filing. The company's average revenue per user (ARPU) increased to Rs 177 during the quarter, compared to Rs 154 in Q ...Read More >
New Delhi, Jul 18 (PTI) Jio Platforms on Friday reported a net profit of Rs 7,110 crore for the June quarter, a nearly 25 per cent rise over the year-ago period, as its numbers were bolstered by customer adds, improved realisations per user and data traffic growth. The Q1FY26 report card of JPL, the entity that houses Reliance Industries' telecom and digital businesses, ticked all the boxes on key metrics, as gross revenue climbed 19 per cent year-on-year (YoY) to Rs 41,054 crore, and margins i ...Read More >
Hyderabad, July 18 (UNI) In view of the ongoing heavy rains in Hyderabad, Chief Minister A Revanth Reddy has directed all concerned departments to stay on high alert and ensure swift response to public grievances. The Chief Minister instructed officials from GHMC, HMDA, Water Works, Electricity, and Police departments to work in close coordination to prevent any rain-related disruptions. He also emphasised the need for immediate action in areas facing waterlogging, power outages, or other rain- ...Read More >
New Delhi, Jul 18 (PTI) The Supreme Court has said money cannot be recovered by filing an FIR and seeking help of police as it quashed a cheating case against the producer of Bollywood movie "Tanu Weds Manu". A bench of Justices J B Pardiwala and R Mahadevan expressed displeasure over the approach of the Allahabad High Court in dealing with the petition of producer Shailesh R Singh for quashing of the FIR against him by complainant Kunal Jain. "Money cannot be recovered, more particularly, in ...Read More >
Mumbai: Jio Platforms Ltd (JPL), which houses Reliance Industries' telecom and digital businesses, posted a nearly 25% year-on-year rise in fiscal first quarter net profit, boosted by continued addition of data users. JPL's consolidated net profit stood at ₹7,110 in the June quarter from ₹5,698 crore a year earlier, and ₹7,022 crore crore in the previous three months, the Mukesh Ambani-owned company said in a statement Friday. "I am happy to share that Jio has scaled newer heights during the q ...Read More >
New Delhi, Jul 18 (PTI) The central drugs laboratories have found 55 samples manufactured by various firms in June to be "not of standard quality", health ministry officials said on Friday. Further, state drugs testing laboratories have identified 130 drugs samples as 'not of standard quality', they said. Also Read | Chhattisgarh: 6 Bodies of Naxals Recovered in Ongoing Encounter With Security Forces in Narayanpur. According to routine regulatory surveillance activity, the list of 'not of sta ...Read More >
New Delhi, Jul 18 (PTI) Jio Platforms on Friday reported a nearly 25 per cent year-on-year rise in net profit to Rs 7,110 crore in the quarter ended June. Jio Platforms Q1FY26 gross revenue climbed 19 per cent year-on-year (YoY) to Rs 41,054 crore, according to the earnings statement released by parent Reliance Industries. Also Read | Chhattisgarh: 6 Bodies of Naxals Recovered in Ongoing Encounter With Security Forces in Narayanpur. Jio Platforms houses Reliance Industries' telecom and digita ...Read More >
Amritsar, July 18 (SocialNews.XYZ) Leader of Opposition in Punjab and Congress lawmaker Partap Singh Bajwa, on Friday demanded that Chief Minister Bhagwant Mann immediately convene an all-party meeting in Amritsar to discuss continuing threats to the Golden Temple through threatening emails. Speaking after paying obeisance at Sri Harmandir Sahib, where he was accompanied by Congress MP Gurjeet Singh Aujla, Sukhwinder Singh Danny Bandala and other Congress leaders, Bajwa said that he met with of ...Read More >
New Delhi, Jul 18 (PTI) Jio Platforms on Friday reported a nearly 25 per cent year-on-year rise in net profit to Rs 7,110 crore in the quarter ended June. Jio Platforms Q1FY26 gross revenue climbed 19 per cent year-on-year (YoY) to Rs 41,054 crore, according to the earnings statement released by parent Reliance Industries. Jio Platforms houses Reliance Industries' telecom and digital businesses. Operating revenue growth was driven by a strong rise in subscriber base across mobility and homes, ...Read More >
Mumbai (Maharashtra) [India], July 8 (ANI): India's broadband subscriber base expanded steadily over the past year, adding 2 crore 5 lakh new users by the end of March 2025, reflecting an annual growth rate of 2.17 per cent, according to the Telecom Regulatory Authority of India (TRAI) yearly data released on Tuesday. The TRAI data shows that out of a total of 969.10 million internet subscribers, the number of broadband subscribers is 944.12 million and the number of narrowband subscribers is 2 ...Read More >
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