Indian telcos Vodafone Idea and Airtel post $10.3 billion in combined quarterly losses

It’s not a good day for two of the top three telecom operators in India. Vodafone Idea, India’s second largest telecom operator by subscriber count, said its consolidated loss had widened to $7.14 billion in the quarter that ended in September in what is the largest-ever quarterly loss witnessed in the nation on Thursday. The…

Google hires former Disney and Star executive to head its India business

Google said on Friday it has appointed Sanjay Gupta, a former top executive with Disney India and Star, as the manager and vice president of sales and operations for its India business. Gupta will be replacing Rajan Anandan, who left the company to serve VC fund Sequoia Capital India as a managing director in April…