Moneycontrol PRO
Check Credit Score
Check Credit Score

business

Telco revenues to be hit by 1-3% in Q3 on currency ban: IDFC Sec

The currency ban is impacting many sectors and that includes the telecom business too. However, Abhishek Gupta, Analyst-Telecom, IDFC Securities, says that the estimated impact will only be 1-3 percent on telecom companies in quarter three.

first published: Nov 18, 2016 03:19 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347