The sector-wide tariff hike underscores that the bruising price war since Jio’s entry in 2016 is phasing out and will reduce financial stress for Airtel and Vodafone Idea Ltd.
The board of directors of Vodafone Idea have accepted Birla's request & Himanshu Kapania, a telecom industry veteran, has been appointed as the non-executive chairman.
When it posted results for July through September last year, Jio’s operating earnings were $220 million. Overall, it had a loss of $41 million, and subscriber numbers were growing 12 percent a quarter. But, Jio packed six months of sales into one quarter while counting only 3 months of expenses.
In a conversation with ThePrint, Tamil Nadu Planning Commission Executive Vice-Chairperson says it's impossible for Apple to shift manufacturing units from Tamil Nadu to US, given the cost.
Speaking at CII event, Defence Secy Rajesh Kumar Singh also said MoD is revising Defence Acquisition Procedure (DAP) 2020 to better align with operational realities and expedite decision-making.
Asim Munir locked up Imran Khan, had his handmaiden parliament give himself an extended tenure. But the additional jingle of that fifth star will not change facts on the ground.
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