Losers’ gambit: Vodafone Idea’s deal with the government
Just when it looked like the government and India’s third largest telco were going to end up losers, they have arrived at a compromise. Will it work?
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Conglomerates, duopolies and domination hamper India
The domination of a few business groups—conglomerates—is a defining feature of the country’s economy. This has been enabled by policy, leading to stifled innovation and hindered progress. All of this, in turn, exacerbates inequalities.
Shiny headlines mask Jio’s dull performance
Reliance’s telecom business has demonstrated impressive growth in Q1. Yet, fundamental slippages are holding back profitability, even as Airtel continues to keep its lead. Expect more headwinds, not a bumper IPO.
Airtel’s performance lets it swat away AGR setback
The apex court’s quashing of its over $4 bn relief request did little to dim the telco’s stellar all-round show in FY25 or the market’s love for the stock.