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HARSH JAGNANI
Rupee, rising oil prices a double whammy for telecom companies: ICRA's Harsh JagnaniThe sector needs a long time for 5G execution. The government is right to look in this direction, because 5G will take a while to rollout.
‘Telecom sector may take Rs 6K crore hit on falling rupee, costlier diesel'The current debt is in addition to the foreign currency creditors, which are estimated to the tune of Rs 30,000 crore, taking the total for...
Telecom sector revenue to rise 10% in FY19: ICRAThe industry revenue for FY2018 ending March 31 is estimated to decline by 13% on year and earnings before interest, tax, depreciation & am...
Telecom companies may ring in stable 2018“Fitch’s ratings for the Indian telecom sector has been revised to stable in 2018 from a negative in 2017,” said Nitin Soni.
Airports need Rs 2.4 trillion investment in 10 years to meet demandThe projected investment requirement is more than four times the amount envisaged by the national airports operator AAI at Rs 65,000 crore.
Profitability of telcos to fall in FY18, says ICRAJio disrupted the sector with its free offers and although it charged subscribers from April, the industry, crippled with a debt burden of ...
Domestic air traffic surges 20% in June; best since Jan 2017: ICRAThe growth remained broad-based with 18 out of the top 20 airports exhibiting double digit y-o-y increase in passenger traffic in June 2017.
Ratings agencies divided on impact of JioPhoneCARE said Jio’s network coverage in remote areas would be critical for the company to sustain subscriber additions triggered by the introdu...
Reliance Jio impact to linger on; pretax net to fall 28% this fiscal: IcraICRA said the roll out of GST will further compound the woes for telcos as the higher tax incidence would have to be absorbed by them leadi...
Note ban pulls down air cargo traffic by 12 per cent in November: IcraAir passenger traffic stood at 22.6 million, exhibiting a growth of over 19 per cent in November on a month-on-month basis, cargo traffic w...
'Telecom companies revenues may slip 7% post RJio offer, demonetisation'The government's surprise move to scrap Rs 500 and Rs 1,000 notes on November 8, has severely impacted consumption and led to a rash of gro...
Consolidation need of the hour in telecom industry: ICRA"The RCom-Aircel merger will extend the consolidation drive, and competitive intensity will remain high," Harsh Jagnani, VP (Corporate Rati...
Active wireless sub-base slips by 17.4 million in June; broadband growth stagnant month: ICRAWhile the total number of active subscribers declined from 932.53 million to 915.15 million in June, the total wireless subscriber base gre...
Government's non-tax kitty may touch 5 year high on telecom spectrum proceedsOver the longer term, the telecom industry would contribute at least Rs 55,000-60,000 crore to the non-tax revenue receipts.
Government to miss revenue target from telcos: ICRAThe sector will however contribute to the tune of Rs 5-6 lakh crore over period of next 10 years, credit rating agency ICRA said.
Compulsory licensing guidelines as enacted in case of Bt Cottonseed to impact GM seeds industry: ICRAIndia embraced its first GM crop in 2002 with the commercialisation of Bt Cottonseed developed by Mahyco Monsanto Biotech (India) Private L...
ICRA forecasts 16.6% growth in non-aeronautical revenues of airports by 2025Some of the common non-aeronautical activities include food and beverage business, duty-free shops, leasing of terminal space, and running ...