Is Vodafone loss-making?

Vodafone Idea on Saturday reported a loss of ₹7,319 crore for the first quarter ended on June 30, 2021, compared to a loss of ₹25,460 crore in the same quarter a year ago. The losses have widened compared to the fourth quarter when the debt laden operator announced losses of ₹7,022 crore.

Can loss-making companies list in India?

There are several companies which have used the loss-making route to have their stocks listed on the stock markets. Going forward, loss-making companies including Paytm, Mobikwik and Oyo Rooms are also expected to list on the stock markets.

Will Vodafone survive in India?

Vodafone Idea will survive and be competitive in the market and will invest the cash saved through the 4-year moratorium on AGR and spectrum payments into expanding its network and participating in 5G auctions instead of repaying debt, the company’s managing director Ravinder Takkar said Wednesday.

Is Burger King making losses?

Burger King India Limited operates as a franchisee of Burger King quick service restaurants in India. On 31 March 2021, the ₹70b market-cap company posted a loss of ₹1.7b for its most recent financial year. They anticipate the company to incur a final loss in 2022, before generating positive profits of ₹143m in 2023.

Why do companies lose customers to competitors?

An overload of competition can lose customers. If you do not have a strong grasp on your quality control standards, customers are apt to go to the competition. If the company mandates policies that are against the customer’s morals, they are apt to go elsewhere.

Why do customers leave small businesses?

Here are six common reasons why customers leave small businesses and 12 tips you can use to start turning the tide. 1. Poor customer service experience Few things can sour a customer experience more quickly than poor customer service. Your customer service team is not just a department in your company; they are your business’s ambassadors.

How do entrepreneurs lose customers?

Customers may be lost if that entrepreneur does not have the abilities that meet their needs. The creative businesses draw customers. More than anything else, you need a creative way to stand out in the marketplace. This goes along with #49, but holds its own.

How difficult is it for foreign companies to do business in India?

It is remarkable how difficult it can be for many foreign companies to adapt to the Indian market, not because they don’t have the resources in terms of, for example, money for market research, but mostly because the ideas about the world that are the norms inside the company are so different from the reality of the Indian marketplace.

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