Idea Cellular’s sixth straight quarterly loss came on the back of the ongoing tariff wars in the telecom sector, and a steep reduction in domestic and international MTC settlement rate
1 min read28 Apr 2018Reliance Jio reported a revenue of Rs6,879 crore for the December quarter, while Idea Cellular is expected to report a revenue of Rs6,700 crore
2 min read23 Jan 2018Idea Cellular CEO Himanshu Kapania on the proposed Idea-Vodafone merger, its impact on the telecom market, and the telecom tower sale to ATC
4 min read14 Nov 2017Idea Cellular, like Bharti Airtel did for its India wireless business, reported higher-than-expected operating profit, thanks to tight cost control measures
3 min read14 Nov 2017Idea Cellular revenue from operations fell by 19.72% to Rs7,465.5 crore in the September quarter of the current fiscal, from Rs9,300.3 crore in the year-ago period
3 min read13 Nov 2017Shares of Idea Cellular recovered early losses and ended over 3% higher even as the company posted a loss of Rs815.9 crore in the first quarter
1 min read28 Jul 2017Investors are questioning whether the increase in Idea Cellular profit margins, as reported in the March quarter, is sustainable
1 min read16 May 2017Idea Cellular posts its first quarterly loss due to increased rivalry in the telecom sector after Reliance Jio's entry
1 min read11 Feb 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared