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.
Airtel 5G solutions including FWA services will be able to deliver multi-gigabit internet speeds wirelessly to customers and open up a wide range of innovations, said the statement.
Shares of Bharti Airtel on the BSE closed at Rs 565.75 per share on Tuesday, higher by Rs 18.65, or 3.41 per cent, from its previous close.
Kapoor will be a member of the Airtel Management Board and report to Gopal Vittal, MD & CEO, Bharti Airtel.
It also said that deduction has not been given for PSTN related call charges and for roaming charges actually paid to other operators.
However, as per telco’s self-assessment, its total dues to the government stand at Rs 13,004 crore. The telco has already paid Rs 18,004 crore.
