Photo: India Today
Germany Economy Falls By 0.1% In Q3, Heading To Recession?
Germany officials released data of the downfall in the nation's economy, as the GDF is down by 0.1% in the last three months. As per the experts of economics, Germany is expected to fall into recession. While there are several reasons behind the fall, the one major cause is the lowering urge of youngsters, spending money, along with causes like Ukraine-Russia war affect and lapse in construction, automobile Industry.
Tags: Economy, Germany, Quarter 3, Recession, Economic Experts
Courtesy: Reuters
Photo: Zee Business
Vodafone-Idea Narrows Net Loss To Rs 4,532 Crore For Q3 Of FY2021
Vodafone-Idea has narrowed its loss to Rs 4,532 crore in the Q3 of FY21 after gaining Rs 2,118 crore by selling an 11.5% stake in Indus Towers to the merged Bharti Infratel-Indus Towers. Reportedly, the company posted Rs 7,218.5 crore net loss in the Q2 of FY21 and Rs 6,438 crore for the same period in the previous year. However, improving subscriber retention during the past quarter, the company has allowed raising to Rs 25,000 crore funds… read-more
Tags: VODAFONE IDEA, Net Loss, Quarterly Loss, Quarter 3
Courtesy: Live Mint
Photo: NDTV Gadgets 360
Airtel Clocks Highest Ever Quarterly Profit In FY2021-Q3
Adding 13 million 4G consumers in the last quarter, Bharti Airtel reported a consolidated net profit of Rs 854 crore for the third quarter of the financial year 2021 on February 3. Besides, the telecom operator recorded a 24% growth at Rs 26,518 crore in its consolidated revenues. Interestingly, owing to the lockdown and work from home, the company witnessed a 32.4% hike in revenues from mobile services in India.
Tags: Bharti Airtel, QUARTER PROFITS, Quarter 3, Airtel
Courtesy: Live Mint
