ICRA, a Moody’s Investors Service Company Wednesday said that the Indian rupee depreciation would prove to be a double whammy for the telecom sector, and can increase the cash outgo by nearly Rs 4,000 crore and additional fuel burden of Rs 2,000 crore in 2019 fiscal.
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Wednesday, October 3, 2018
Rupee depreciation, diesel price hike to erode Rs 6,000 crore from telecom sector
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