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India’s telecom and aviation have something in common: Debt and losses

Updated : July 24, 2019 02:06 PM IST

After liberalisation, the two sectors have grown massively and thanks to fierce competition, every player has been forced to maintain a competitive edge.
For airlines, whenever crude oil went down, young players with a strong balance sheet like IndiGo ensured the competition doesn't mint enough profits by undercutting fares.
India’s telecom and aviation have something in common: Debt and losses
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