Coronavirus Outbreak: Cement demand to fall sharply this fiscal, says Crisil; could hit slowing realty sector further
The cement demand in India would contract by an unprecedented 20-25 percent this fiscal if the country is unable to contain the pandemic by May
Bharti Airtel to gain at cost of Vodafone Idea as it has better balance sheet strength, say brokerages
Bharti Airtel expects industry revenues to start growing again due to recent tariff hikes, and expects industry revenues to surpass $50 billion (timeline unspecified) as opposed $30 billion at present, per company.
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ICRA cited deterioration in the company's financial position coupled with its stretched liquidity profile for the rating revision