Several major companies are set to announce their Q2FY25 results today, including Bharti Airtel, Sun Pharmaceutical Industries, Ambuja Cements, and Adani Power. Other key players releasing earnings include Punjab National Bank, Indian Oil Corporation, BHEL, Federal Bank, IOC, JSW Infrastructure, and Motilal Oswal.
Indian telecom operators, including Bharti Airtel and Vodafone Idea, are urging the government to reduce the license fee from 8% to 0.5-1% of Adjusted Gross Revenue (AGR). They argue that lowering these fees would allow for reinvestment in network upgrades and expansion, promoting faster digital inclusion, especially in remote areas. The Cellular Operators Association of India (COAI) supports this initiative, emphasizing its potential to enhance services for the public.
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