Telecom shares in demand; Bharti Airtel jumps over 4%

Telecom shares in demand; Bharti Airtel jumps over 4%

Telecom shares were in demand on September 15 and jumped up to 5% even as the Union Cabinet approved a relief package for the sector. Bharti Airtel jumped 4.53% and Vodafone Idea rose 2.76% on the BSE. Shares of Tata Teleservices (Maharashtra) gained 4.94% and Tata Communications 1.38%. Briefing reporters on the decisions taken by the Cabinet, Telecom Minister Ashwini Vaishnav said nine structural reforms for the telecom sector were approved.

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The Hindu

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