Business Standard

Monday, December 23, 2024 | 08:09 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Top headlines: Jet Airways creditors take haircut; Sebi reins in promoters

Business Standard brings you the top headlines on Thursday

telecom, telcos, towers, spectrum
Premium

Imaging: Ajay Mohanty

BS Web Team New Delhi
Top headlines at this hour: India's telecom companies are getting subscribers but revenue is still far away from peak. Creditors to bust Jet Airways will take 95% haircut on Rs 7,800 cr .

Telcos sustain growth but FY21 revenue still away from FY16 peak

India’s mobile operators are back on the growth path and their combined net sales were up 11.9 per cent in FY21. With this, the industry’s total revenues are up 33.6 per cent from FY18.

But, the telecom industry is yet to fully recover from the disruption caused by the entry of Reliance Jio in 2016. Its combined

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in