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Friday, December 27, 2024 | 09:49 AM ISTEN Hindi

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Top 10 headlines: Govt's plan for Unitech, Vodafone Idea's survival test

From UVARCL sweeping up bankrupt telcos to government's take on the financial stress of the telecom sector, Business Standard brings you the top business headlines of the day

Sharp reduction in capex and an increase in operating profit led to a 49% jump in operating free cash flows on a sequential basis
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1. Govt feels telecom sector is out of financial stress

Bharti Airtel and Vodafone Idea should not expect any relief from the government, which feels with the tariff hikes and the deferment of the regime of zero interconnect usage charges (IUC) by another year, the sector is out of financial stress and does not require help from the Centre. 

"All the companies have increased tariffs by 40 per cent in December and the IUC regime has also been extended. This is enough relief for them," an official told Business Standard. Read on...

2. Govt to push back the deadline for starting

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