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Operating income stood at an 11-quarter high, backed by growth in its 4G user base for the 10th straight three-month period, with average revenue per user (ARPU) – a key operational metric - rising 2.1% sequentially to Rs145. Arpu was mainly helped by “change in entry level plan and subscriber upgrades", Vi said in its earnings statement Monday.

The company made a Rs 3540 crore provision on its AIF investments registering a loss of Rs 2378 crore in December 2023 from a profit of Rs 3545 crore in the previous year despite healthy growth in its loan book.

The Dow Jones Industrial Average rose 6.40 points, or 0.02%, at the open to 38,115.83.

BLS E-Services GMP is around Rs 145, 107% higher than the issue price of Rs 135. The issue is being made public through the book-building process, where 75% of the offer is reserved for qualified institutional buyers, 10% for retail investors and 15% for non-institutional investors.

Tobacco maker Godfrey Phillips India reported higher third-quarter profit on Monday, driven by growth in its core market and easing expenses.

Homegrown FMCG major Marico Ltd on Monday reported a 15.9 per cent increase in its consolidated net profit to Rs 386 crore for the third quarter ended December 2023, helped by softer input costs and a favourable portfolio mix.

The dollar gained on Monday as investors prepared for the prospect that the Federal Reserve could push back against expectations of an imminent rate cut when it concludes its two-day meeting on Wednesday.

Securities market regulator Sebi on Monday cautioned against a round-the-clock trading window from an infrastructure resilience perspective and highlighted that it has neither heard officially from anyone nor formed any opinion on the issue so far

Net interest income for the reporting period increased 29% to Rs 7,655 crore from Rs 5,922 crore in the same period of last year.