Sunday, September 20
Bharti Airtel's revenue market share (RMS) touched a record around 40% in FY25, growing 178 basis points on-year, for its mobile services business even as its vice chairman Gopal Vittal called for further "tariff repair" for a sustainable return on capital employed. Airtel's strong revenue growth was supported by an improved portfolio mix, continued premiumisation and tariff repair across our mobile pricing plans, the company said in its annual report released Thursday.During FY25, Bharti Airtel chairman Sunil Mittal drew an annual remuneration of Rs 32.55 crore, an increase of 0.89% over the previous fiscal. Vice Chairman and Vittal, also the managing director, drew an annual salary of Rs 20.2 crore, a 9.14% increase over last year. The company paid Rs 37,300 crores in license fee and spe
Baghdad: Around 50 people were killed and injured in a fire that swept through a shopping mall in the eastern Iraqi city of Kut, state media said Thursday."The number of victims has reached about 50 people, martyrs and injured, in the tragic fire at a major shopping centre," Wasit province governor Mohammed al-Miyahi told the official INA news agency.The blaze at the Hyper Mall broke out late Wednesday, but the cause has yet to be identified, said Miyahi.Ambulances were still transporting casualties as late as 4:00 am, filling beds of a hospital in Kut, about 160 kilometres (100 miles) southeast of Baghdad.— thenewregion (@thenewregion) An AFP correspondent said the mall had opened just five days ago. Initial reports suggested the fire started on the first floor. The corresponden
