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.
Reliance Jio was the only winner who raised its subscriber base to 389 million.
Vodafone Idea and Bharti Airtel, on the other hand, lost 6.35 million and 1.26 million subscribers respectively in March, the data showed on Monday.
Airtel VoLTE serves over 110 million users across the country, making it the country’s largest VoLTE network in India and the largest Nokia-run VoLTE in the world.
As per a company notice to shareholders, there shall be no meeting requiring physical presence at a common venue in view of the present circumstances on account of the Covid-19 pandemic.
It seems that the court could ask for some upfront payment to allow staggered payment of the remaining AGR dues.
