Bharti Airtel, RIL among stocks that remain top buys amid COVID-19 fall: YES Securities Confidence in the equity market and even fixed income instruments have taken a hit. This is a phenomenon that repeats every time there is substantial price damage in the market.
Govt moves SC against Bharti Airtel’s ₹9.23 billion GST refund A two-judge bench of the high court, on 5 May, had allowed the Sunil Mittal-led telecom major to seek GST refunds for the period of July-September 2017
GST relief to Airtel: Govt moves Supreme Court against High Court's order The Sunil Mittal-led carrier had pleaded that it had paid an excess amount of Rs 923 crore as tax since the GSTR-2A form was not operational during the error period. However, the government claims that Airtel had under-reported input tax credit from July to September 2017.
Telecom sector fundamentals improved in March quarter: Report "Overall, operational trends continued to improve for the telecom sector in Q4 FY20 with ARPUs for Bharti, Vodafone-Idea and Reliance Jio rising 14 per cent, 11 per cent and 2 per cent, respectively, quarter on quarter," India Ratings said in the report. The rise in ARPU was driven by a 20 per cent tariff hike undertaken by the telcos in December 2019.