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 / 08:59, Aug 25, 2014
The outlook is a flat start. The BankNifty has given a breakout but many of the large caps are remaining in a range keeping the main indices under pressure.