Telecom major Bharti’s Q3 results were broadly in line with our estimates, reflecting healthy growth across segments and an uptick in margins. Consolidated revenue of Rs 35.800 crore was 2% above our estimate and increased 4% sequentially, reflecting: (i) +2% for India wireless and enterprise; (ii) +4% for homes; and (iii) +6% for Africa. Consolidated […]
Shipping firm Maersk says it is preparing to allow vessels to resume sailing through the Red Sea, thanks to the start of a US-led multinational naval operation to protect shipping from attacks by Houthi rebels in Yemen. Houthi attacks have led to a major disruption of shipping through the Suez Canal and the Red Sea, […]
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