AIRTEL MONEY
After Airtel, Jio lays out red carpet for Starlink
Elon Musk's Starlink has partnered with Jio Platforms and Bharti Airtel to provide high-speed satellite internet in India. These collaborations represent a significant shift in India's telecom sector and promise to deliver advanced technology without high spectrum costs, benefiting millions of Indian consumers.
From foes to friends: How Musk, Trump & Indian telcos aligned on Satcom deals
SpaceX, owned by Elon Musk, has struck distribution deals with Reliance Jio and Bharti Airtel, showcasing a surprising shift from their previous rivalry. The collaboration is prompted by various factors including US political changes and the realization that satellite communications complement rather than compete with existing telecom services.
Cement, Metals and Consumption: Pankaj Tibrewal’s top sectoral bets for FY26
The RBI policy pivot is a very important and substantial move from a macroeconomic perspective and over the next few quarters we will start seeing the impact at the ground level. The second is the government capex.
Starlink-Airtel, Jio tie-ups: A game-changer for India's internet connectivity
The Starlink partnerships with Bharti Airtel and Reliance Jio announced this week could transform rural connectivity in India. These collaborations aim to bridge the digital divide between urban and rural areas, enabling pan-India high-speed internet, with potential growth in the broadband market by 30-50%, benefiting consumers and the telecom industry.
India Post Bank is gearing up to go public in a year
IPPB was set up under the Department of Post, with 100% equity owned by the government. The department has now begun discussing how much equity would the Centre divest in the payments bank, people aware of the matter said.
Shock Market: Index yearly return charts slip into red
Raichura said any bounces in the near term may create more selling pressure and a decisive recovery will occur only in large-caps first, and then in mid- and small-caps. "And until we see a strong recovery, investors may not entirely return to the stock market," he said.
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Govt looking to address return on 5G investments, pressure on spectrum to increase
The government is addressing challenges of insufficient 5G investment returns and rising data usage infrastructure needs. Telecom Secretary Neeraj Mittal highlighted the surge in data speed and usage, stressing the need for continuous infrastructure upgrades. He also noted the difficulty in affording devices and demands on foreign apps to share revenue for network support.
Sandip Sabharwal advises caution on IT stocks as US uncertainty looms over global demand
So, these are not good measures actually and they artificially inflate the Nifty PE because you are removing profit-making companies with a relatively lower valuation and getting companies with not too much of profits.
Airtel set to boost Africa stake by 5% in FY25 with cash deals, eyes strong growth ahead
Bharti Airtel plans to acquire an additional 5% stake in its Africa unit, Airtel Africa plc, by FY25 via cash deals, boosting its current 57.29% stake. This move, expected to be concluded by March 2025, underscores Airtel Africa's strong growth, driven by its mobile money business and recovery in Nigeria, despite past challenges.
Market Panic Overblown? Hemang Jani bets on Trent among 7 beaten-down winners
Market expert Hemang Jani identifies opportunities in beaten-down stocks like Trent, Dixon Technologies, and Cummins India, which have strong fundamentals despite significant corrections. He advises focusing on companies with solid earnings growth instead of large-cap defensive names for potential bounce-back investments.
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian markets closed nearly flat as gains in financials offset pharma losses amid U.S. tariff concerns. Analysts see range-bound movement, with optimism over India’s GDP growth and government expenditure supporting sentiment despite global uncertainties.
Ahead of Market: 10 things that will decide stock market action on Wednesday
Indian markets closed nearly flat as IT gains offset consumer stock declines. Persistent FII outflows, weak earnings, and global trade worries kept sentiment cautious, while small and midcap stocks lagged due to valuation concerns.
Q3 Hits & Misses: How various sectors performed in the latest quarter?
The October-December quarter results showcased a mixed performance across sectors. Consumer-centric markets witnessed rural demand recovery, while urban demand remained muted. Banks faced NIM pressure but reported strong profit growth. IT, pharma, and telecom sectors displayed growth, although with certain challenges impacting margins and volume growth.
Share of 5G handset shipments hits 79%
5G smartphone shipments in India reached 79% of total shipments in 2024, driven by affordable models from Vivo and Samsung. Vivo led with a 19% volume share, followed by Samsung with 18%. The expansion of 5G networks by Reliance Jio and Bharti Airtel, and upcoming launches by Vodafone Idea, has contributed to the decline of 2G and 4G feature phones.
Airtel Africa’s lease liabilities jump $1.2 bn post-contract renewals with US-based ATC
Bharti Airtel's Africa unit extended its tower lease pacts with American Tower Corp, increasing lease liabilities by $1.2 billion. This could impact near-term earnings but is expected to have a neutral-to-positive cash flow impact. Despite devaluation challenges, Airtel Africa posted a strong performance, with significant subscriber growth and net profit rise, signaling industry leadership in 2025.
Budget impact, RBI policy among 8 factors that will shape market direction this week
Budget: Indian markets remained flat after Budget announcements. Key factors this week include the Budget's impact on sectors, RBI's expected rate cuts, upcoming Q3 earnings of major companies, foreign investors' activities, rupee-dollar movements, global market trends, technical levels of Nifty, and crude oil prices. Analysts expect market direction to unfold as these events progress.
Telecom Disputes Settlement & Appellate Tribunal stays Trai penalties on telcos over spam menace
The Telecom Disputes Settlement & Appellate Tribunal has stayed Trai's financial penalties of over '141 crore on Jio, Airtel, and Vodafone Idea for not curbing spam. The tribunal noted that the delay in implementing anti-spam regulations was beyond the telcos' control due to the development and Covid-19 impacts.
Airtel Africa Q3 net jumps over 11-fold on-yr to $169 mn on $94-mn exceptional gain, lower finance costs
Bharti Airtel's Africa business saw a significant rise in net profit, reaching $169 million in Q3. The jump was largely due to currency appreciation and reduced finance costs. Revenue increased to $1.27 billion, driven by new customers and mobile money growth. A second $100 million share buyback was announced, showcasing confidence in future growth.
PMS Tracker: Top 10 funds delivered over 48% returns in CY24
PMS Funds: Top PMS funds delivered stellar returns in CY2024, with Stallion Asset's Core Fund leading at 69.7%. Thematic strategies in IT, healthcare, and smallcaps outperformed, while benchmark indices like Nifty 50 gained a modest 8%.
An era of very low returns is here. Markets riskier than before: Nicolai Tangen, Norges Bank Investment
A former chef, Russian translator and intelligence man, Tangen told Arijit Barman in an interview in Davos that the world is in the grip of unprecedented volatility.
Airtel Payments Bank sets up digital banking services at Maha Kumbh
Airtel Payments Bank has introduced digital banking services at the Maha Kumbh Mela by setting up 10 kiosks at key locations. These facilities provide essential banking services such as withdrawals, fund transfers, and digital payments, aiding devotees and merchants by minimizing cash-handling risks and ensuring convenient access to funds.
Airtel Africa, Standard Chartered Bank partner to expand financial inclusion
“Airtel Money’s customers will be able to make real-time online deposits and withdrawals from Standard Chartered bank accounts, receive international money transfers directly to their wallets, and access savings products amongst other services,” Airtel said.
Airtel may turn around Africa operations in FY18 on cost optimisation
"We do not issue any forward-looking statement, but we remain positive on Africa and have all the building blocks in place for the next phase of growth, with data adoption leading it," an Airtel spokesman said in a written response to ET.
Soon, you can book your train tickets on e-wallets like PayTM
Many top mobile wallet companies are keen on joining the railways, the official said, adding talks were on to finalise the modalities.
Airtel Money ties up with IRCTC to offer train ticket booking on mobile phones
Besides booking tickets via Airtel Money, customers using Airtel connections can search for stations, trains, availability, PNR enquiry, cancellation.
Bharti Airtel ties up with J&K Bank to offer 'airtel money' services
Through airtel money, the users can load cash on their mobile devices and spend it to pay utility bills, recharge mobile phones, shop at merchant outlets.
Airtel to invest $25 million on networks in Malawi
Airtel said it will invest $ 25 million for development of 3G network and introduction of Airtel Money services in African country Malawi.
Bharti Airtel launches 'airtel money' across India
Bharti Airtel today announced the pan-Indian launch of its mobile wallet service -- airtel money.
Bharti Airtel launches Airtel Money in Uganda
The service will provide Airtel customers in Uganda easy access to innovative financial services through mobile phones.
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