Telecom Sector Relief

In the past seven trading days, Indus Towers has surged 25 per cent post government announced reforms in the telecom sector

Top Nifty gainers included Kotak Mahindra Bank, Powergrid, Grasim and BPCL, among others

After interim relief for telecom, structural reforms must follow

Representatives of Airtel, Idea Cellular, Jio and Reliance Communications met Sinha

The sector is facing cumulative debt as high as Rs 7.5 lakh cr; banks fear fresh NPAs may arise