Bharti Airtel posts Q1 loss of Rs 15,900 cr; revenue up 15% on data usage

Bharti Airtel Ltd on Wednesday documented a fifteen.four for each cent rise in initially-quarter income as consumers eaten extra facts for the duration of the coronavirus crisis, even at larger premiums.

Consolidated income rose to Rs 23,939 crore ($3.20 billion) in the a few months ended June thirty, in comparison with Rs 20,738 crore a calendar year back, the country’s second-premier telecom operator by subscribers mentioned in a regulatory submitting.

India imposed a nationwide lockdown in late March, forcing thousands and thousands of individuals to remain indoors. Though the restrictions have been steadily eased, the wellness crisis has saved lots

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IndiGo reports Q1 loss at Rs 2,844 crore, revenue dips 92% YoY to Rs 767 cr

InterGlobe Aviation-owned IndiGo airline on Wednesday documented standalone internet loss of Rs 2,844.3 crore for June quarter of FY21 (Q1FY21), compared to revenue of Rs one,203 crore clocked in the former-year quarter. On a quarterly foundation, the loss widened 226.5 per cent from Rs 871 crore incurred in the March quarter of FY20.

“Closure of scheduled operations till May 24, 2020 and reduce capacity deployment thereafter on account of Covid-19, substantially impacted the quarterly success. lndiGo stories internet loss of Rs 2,844.3 crore,” explained the airline in a statement. The loss in advance of tax stood at Rs 2,842.6 crore

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Maruti Suzuki posts 1st quarterly consolidated loss in 17 yrs at Rs 268 cr

Vehicle important Maruti Suzuki on Wednesday described a consolidated loss of Rs 268.3 crore for the June quarter of FY21 (Q1FY21) as in comparison to financial gain of Rs 1,376.eight crore described in the corresponding quarter past year. This was the company’s very first quarterly loss because starting to be public 17 decades back. The figures, in accordance to the firm, have been ‘adversely impacted’ by the outbreak of Covid-19 pandemic and the consequent lockdown announced to comprise its unfold. While, the company’s losses have been partially off-established by reduced operating fees and greater reasonable-price achieve on the invested surplus.

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Vodafone Idea pays another Rs 1,000 crore to govt towards AGR dues

Vodafone Thought on Saturday reported it has paid out another Rs one,000 crore to the federal government in the direction of the statutory dues, using its complete payment to an mixture Rs seven,854 crore.

The organization had before deposited Rs six,854 crore in 3 tranches, Vodafone Thought reported in a regulatory submitting.

“In line with the higher than, the organization has yesterday (July 17, 2020) paid out a additional sum of Rs one,000 crore to the DoT (Office of Telecom) in the direction of the AGR dues. The organization had before deposited Rs six,854 crore in three tranches,” the submitting

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Leica launches M10-R camera with 40MP sensor, priced at Rs 695,000

German camera maker Leica launched its premium Leica M10-R camera in India with a 40-megapixel impression sensor. The camera is priced at Rs 695,000.

The M10-R’s freshly produced sensor provides a resolution of more than 40 megapixels, which represents a considerable enhance as opposed to the M10. As a consequence, the M10-R delivers a appreciably increased rendition of particulars.

Leica statements the M10-R provides appreciably diminished impression sounds as nicely as a wider dynamic selection. The M10-R completes the Leica M10 spouse and children, which also consists of the M10, M10-P, M10-D and M10 Monochrom.

The M10-R’s foundation sensitivity of

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