“The recent reform measures have rekindled business confidence. The government is likely to be focused on containing fiscal deficit and we expect a measured, pro-people and growth oriented budget.
Specifically talking about the telecom sector, some of the key expectations will include:
Some of these will enable the telecom sector to continue to contribute in a major way to the dynamism of our economy.”
The author is Chief Financial Officer, Tata Communications.
India Infoline News Service / 09:04, Jan 22, 2015
The outlook is a flat start. The market will look to scale to new peaks though not much effort is needed for the same. HUL saw a rally and short-covering may have pulled it up further. Speculation is on that its parent will raise stake through an open offer. After the cooling in oil prices, Cairn results will be in focus.