Telecom
Umiya Buildcon's Strategic Leap: Strong Q1 FY26 Performance Driven by Hybrid Revenue Model
Sarfraz Khan
3 minutes read
Umiya Buildcon reports a strong Q1 FY26, with revenue up 17% to ₹12.82 crore and adjusted EBITDA soaring 745% to ₹42.12 crore. This growth is driven by its hybrid revenue model, balancing high-margin real estate and telecom/networking solutions. A key asset sale of ₹40.5 crore boosted capital, earmarked for new manufacturing and R&D.
Bridging the Gap: DoT Secretary Neeraj Mittal Calls for More Telecom Unicorns in India
3 minutes read
DoT Secretary Neeraj Mittal calls for more telecom unicorns in India, backed by the new ₹1 lakh crore RDI scheme. He highlights India's vast digital user base and government support through initiatives like TTDF and "Samarth" incubation. This push aims to foster innovation, reduce import reliance, and position India as a global telecom leader.