Seven companies marketcap decreases by over Rs 1 lakh crore
Last week, Nifty fell 50 points or 0.20 per cent to 24,964 and Sensex fell 307 points or 0.38 per cent to 81,381. This was the second consecutive week when the market closed in the red.
Last week, Nifty fell 50 points or 0.20 per cent to 24,964 and Sensex fell 307 points or 0.38 per cent to 81,381. This was the second consecutive week when the market closed in the red.
Nine of the top-10 most valued firms together added Rs 2,01,552.69 crore in market valuation last week.
Its India business saw quarterly revenues of Rs 29,046 crore -- up 10.1 per cent backed by strong and consistent performance across the portfolio, said the company.
This was followed by Reliance Jio’s recent hike unveiling a series of new unlimited plans with effect from 3 July 2024.
In the last week (May 20-24), nine of the top-10 most-valued firms together added Rs 1,85,320.49 crore in market valuation.
The company mentioned that AI-assisted colonoscopy polyp detection trials will help doctors to improve the quality of patient care
Bharti Airtel on Wednesday announced that it has crossed the one million unique 5G user mark on its network, as the telecom operator rolls out 5G services in a phased manner. The company said it achieved this milestone in less than 30 days of its commercial launch even as the network is being built.
Bharti posted a consolidated revenue of Rs 34,728.7 crore for Q2FY23 as against Rs 28,435.2 crore in Q2FY22. The revenue increased by 22 per cent in comparison to the same period in FY22
Bharti Airtel will begin carrying out 5G services later this month, as it consented to requisite 5G equipment arrangements with South Korean tech giant Samsung.
Private 5G captive networks are about the deployment of high speed, enhanced data capacity, and ultra-low latency applications inside a closed manufacturing unit, hospital, airport and shipping port, among others.
