Gold and silver extended their losses amid strength in the dollar index, with prices opening at Rs 1,20,743/10 grams, lower by Rs 666 or 0.55%. Gold December futures prices at MCX have held steady in the last one week, hovering near their resistance of Rs 1.21 lakh.Read More
The Indian Rupee has recovered from its record low, gaining 21 paise to trade at 88.56 against the US dollar. This rebound is attributed to a decrease in global crude oil prices. However, the Rupee still faces pressure from a strong dollar and foreign fund outflows from the capital market.Read More
Bharti Airtel’s Q2 performance signals strong growth ahead, with ARPU rising to ₹256, a 48%+ EBITDA margin, and a revived Africa business boosting revenues. Geojit Investments’ Gaurang Shah expects ARPUs to touch ₹275–300 in the coming quarters and a possible tariff hikes by late 2025 could strengthen Airtel’s profitability and sector-wide earnings outlook.Read More
Bharti Hexacom shares: The telecom operator posted a strong September quarter, with net profit surging 66.4% year-on-year to Rs 421 crore and revenue rising 10.5% to Rs 2,317 crore, driven by higher mobile ARPU and robust growth in its Homes and Offices segment.Read More
Indus Towers shares: Bharti Airtel has received board approval to raise its stake in Indus Towers by up to 5%, with the purchase to be carried out in one or more tranches over time, according to its latest regulatory filing.Read More
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