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Tribune India 09/20/2020 03:42
New Delhi, September 20. The number of internet subscribers in India increased to over 743 million at the end of March 2020, clocking a growth rate of 3.4 per cent on a sequential-quarter basis, showed TRAI data on sector's quarterly performance. Reliance Jio led the chart grabbing 52.3 per cent of the overall market share, followed by Bharti Airtel (23.6 per cent share) in the quarter ended March 2020. Vodafone Idea held the third position as its internet subscriber base market share was at 18.7 per cent for the period in reference. "The total number of internet subscribers increased from 718.74 million at the end of December 2019 to 743.19 million at the end of March 2020, registering a quarterly growth rate of 3.40 per cent," the Telecom
Tribune India 09/20/2020 03:41
New Delhi, September 20. Seven of the top 10 most valued domestic companies saw a combined erosion of Rs 59,259.58 crore in their market valuation last week, with Hindustan Unilever, HDFC Bank and Kotak Mahindra Bank emerging as major laggards. The seven firms clocking losses in their market capitalisation (m-cap) were Hindustan Unilever (HUL), HDFC Bank, Kotak Mahindra Bank, Reliance Industries, HDFC, ITC and ICICI Bank. In contrast, Tata Consultancy Services (TCS), Infosys and Bharti Airtel saw gains in their valuation for the trading week closed on Friday. HUL's m-cap plummeted Rs 14,320.54 crore to Rs 4,93,007.39 crore, HDFC Bank's valuation tumbled Rs 11,611.6 crore to Rs 5,81,900.65 crore and Kotak Mahindra Bank's market worth tanked R.

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