Vodafone Q1FY19 revenue declines by 22.3% to €955mn; adds 1mn data users - 8 new articles

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Aug 1, 2018, 10:33:53 PM8/1/18
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Vodafone India gained 1 million subscribers in India during Q1FY19 ending June 30 2018, with data connections standing at 77 million. Its service revenue declined by 22.3% year-on-year to €955 million (~₹7646cr). In all of FY 2017–18, the company ...

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Vodafone Q1FY19 revenue declines by 22.3% to €955mn; adds 1mn data users

Vodafone India gained 1 million subscribers in India during Q1FY19 ending June 30 2018, with data connections standing at 77 million. Its service revenue declined by 22.3% year-on-year to €955 million (~₹7646cr). In all of FY 2017–18, the company had added 76 million data users. In Q3FY18,...

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Idea makes profit of ₹260.3cr on back of tower sale in Q1FY19

Idea Cellular has reported a net profit of Rs 260.3 crore in the first quarter of the financial year 2018–19 (Q4FY18), on the back of its tower sale to ATC. For context, Idea made a loss of Rs 930.6 crore last quarter. Revenue for the telco slumped to Rs 6,137.3 crore in Q4FY18, down from Rs...

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Facebook answered some questions and didn’t answer many others about election integrity

We missed this earlier In late July, several core members of the Facebook team came together to speak about Facebook’s new and expanded election strategy. The agenda was to be election strategy, political advertising, news feed integrity, controlling the spread of fake news, and quality of...
...

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Facebook shuts down disinformation network targeting US elections

Facebook has shut down a disinformation network of 32 accounts and pages which were putting out divisive messaging ahead of the upcoming US mid-term elections in November. Facebook said the accounts stands suspended for “coordinated inauthentic behavior”. These accounts were created...
...

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Myntra acquires Pretr for its omni-commerce push

Flipkart’s fashion arm Myntra has acquired a Mumbai based end-to-end omnichannel retail platform Pretr for an undisclosed amount. Founded in 2016 by Bhavik Jhaveri and Ankur Joshi, Pretr offers tech solutions like endless aisle, order management, clienteling, store analytics, amongst others to...

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Flipkart takes on Amazon with its no-fee loyalty program Flipkart Plus

Flipkart has launched a new loyalty programme called Flipkart Plus, which will be a no-fee programme allowing members to get free and quicker delivery, early access sales on the marketplace, and priority customer support. It will be a point-based programme, where customers will earn ‘plus...

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Delhi HC tells state govt Aadhaar not required for maternity benefit scheme

The Delhi High Court told the Aam Aadmi Party (AAP) government that there is no legal basis for it to insist on documents like Aadhaar and bank passbooks, to provide maternity scheme benefits to pregnant and lactating women, reported NDTV. A bench of Acting Chief Justice Gita Mittal and Justice C...
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Apple close to $1 trillion mark, growth from Wearables: Earnings Q3 2018

Apple is inching closer to becoming the first American company to have a valuation of $1 trillion after posting its third-quarter earnings for the financial year beating analyst expectations and bumping up the company’s stock price. The company’s stock amped up by around 2.5% after the...
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