Telcos investment recovery in limbo as tariff hike backfires
Sat, Dec 28, 2024 6:51 PM

Telcos investment recovery in limbo as tariff hike backfires

A Flip by Riya Sharma
Get it on Google Play
The country’s private telecom operators face twin challenges on investment recovery in the New Year – customers leaving their network after tariff hikes and satellite players mainly Elon Musk’s Starlink eyeing a chunk of their bread and butter data business. Private operators have invested around ₹70,000 crore in telecom infrastructure and radio wave assets this year to expand.

More great flips

Ahead of Market: 10 things that will decide D-Street action on Monday

Ahead of Market: 10 things that will decide D-Street action on Monday

📌Wall Street's holiday cheer ended abruptly on Friday, with all three main benchmarks closing lower in a broad-based sell-off. 📌Europe's STOXX 600 index clocked its first weekly advance in three on Friday. 📌Overall, market breadth favoured bears as 1,864 stocks ended in the green, while 2,108 names settled in the red.

Open Flip
Kerala government exempts Kochi Metro Rail from property tax

Kerala government exempts Kochi Metro Rail from property tax

The Kerala state government has exempted Kochi Metro Rail Limited from property taxes levied by local self-government institutions, following an application filed by KMRL MD Loknath Behera in September last year, citing the Indian Railways Act and a tripartite agreement that requires the state to exempt or reimburse KMRL from local taxes.

Open Flip
Price Volume breakout stocks: These stocks likely to be in focus tomorrow

Price Volume breakout stocks: These stocks likely to be in focus tomorrow

On Friday, Benchmark indices concluded the trading day on a positive note as Sensex closed at 78,699.07, while Nifty closed up by 0.27% and closed at 23,813.40 level. Market volatility, as indicated by India VIX, declined by 5.70% and is trading at the level of 13.24 reflecting a fall in market volatility. Top 3 price-volume breakout stocks: 📌Greaves Cotton, 📌Finolex Industries, 📌Vakrangee.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon