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Jio added 5.3 million customers in October-December, including wired broadband or fibre-to-the-home (FTTH) users. The telecom market leader does not give a breakdown of mobile and wired broadband user additions.

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The company is on course to achieve its highest-ever production in the current quarter, as the new manufacturing capacity commissioned during the previous quarter will be available throughout this period, Rao told ET.

Extrinsic value is that component of the options price that would vanish if the option were to expire right away. For all at-the-money money and out-of-the-money options, it’s all the extrinsic value, and the intrinsic value will be zero.

US tech earnings set to slump most since 2016

Updated at : 2023-01-22 17:30:04

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The tech-heavy Nasdaq 100 Stock Index enters this crucial stretch amid a darkening backdrop that short-circuited a strong start to the year. Underscoring the risks ahead, Microsoft Corp., which kicks off the group’s reporting Tuesday, joined Amazon.com Inc. in starting to cut thousands of jobs this week as sales slow.

Kotak has estimated about 30% growth in operating profit, led by normalization of operating expenses. While slippages are seen at Rs 3,500 crore (2% of loans), led by small-ticket loans, the brokerage expects strong commentary on the asset-quality performance and an improvement in NPL ratios, aided by stronger recovery/upgradation.

Railway capex. What would FY24 spend look like?

Updated at : 2023-01-22 16:20:04

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The rail cargo is expected to reach 1600 million tonnes, up from 1210 million tonnes in 2020. Western and Eastern dedicated freight corridors are also expected to be completed in the same timeline.The National Rail Plan targets a 45% modal share for railways by 2030, with estimated investments of 50 lakh crore in the same period.

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What the stock market expects from Budget 2023

Updated at : 2023-01-22 15:25:03

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​​​For equity investors, the focus would be on three key factors. First is fiscal consolidation. Whether the government keeps its commitment to bringing down the fiscal deficit to 4.5 per cent of gross domestic product (GDP) over the medium term in FY26 would be keenly tracked.

"A rising price (of gold) probably puts some pressure on investors, with a lot of people holding back their investments while they wait for a correction. A rising interest rate structure coupled with inflationary pressures that the economy has been witnessing for most part of this year has also posed challenges," Kavitha Krishnan, Senior Analyst Manager Research, Morningstar India, said.

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Either of these moves would be welcomed by the Indian developer community and help accelerate projects that are stuck for want of capital. This would, in turn, spur developers to pursue more affordable housing projects and align themselves with the mission of Housing for All.

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