iWorld
PM Modi to inaugurate ITU-WTSA 2024 and India Mobile Congress in Delhi
Mumbai: Prime Minister Narendra Modi will inaugurate the International Telecommunication Union – World Telecommunication Standardisation Assembly (WTSA) 2024 at Bharat Mandapam on 15 October 2024, at 10 AM. He will also launch the eighth edition of India Mobile Congress 2024 during this significant event.
This marks the first time India and the Asia-Pacific region host the ITU-WTSA, a pivotal global conference that convenes every four years to guide the standardisation work of the International Telecommunication Union, a United Nations Agency for digital technologies. The assembly will bring together over 3,000 industry leaders, policy-makers, and tech experts from more than 190 countries, representing telecom, digital, and ICT sectors.
WTSA 2024 will serve as a vital platform for countries to discuss and decide the future standards for next-generation critical technologies such as 6G, AI, IoT, big data, and cybersecurity. Hosting this event in India offers the country a unique opportunity to influence the global telecom agenda and shape the trajectory of future technologies. Indian startups and research institutions will gain essential insights into developing Intellectual Property Rights and Standard Essential Patents.
The India Mobile Congress 2024 will showcase India’s vibrant innovation ecosystem, where leading telecom companies and innovators will highlight advancements in quantum technology and the circular economy, along with a focus on 6G, 5G use cases, cloud and edge computing, IoT, semiconductors, cybersecurity, green tech, satcom, and electronics manufacturing.
Regarded as Asia’s largest digital technology forum, the India Mobile Congress has established itself as a premier platform for showcasing innovative solutions, services, and state-of-the-art use cases for industry, government, academia, startups, and other stakeholders in the technology and telecom ecosystem. This year’s event will feature over 400 exhibitors, around 900 startups, and participation from over 120 countries, showcasing more than 900 technology use case scenarios and hosting over 100 sessions with discussions featuring over 600 global and Indian speakers.
Gaming
Bluestone FY26 revenue rises to Rs 2,436 crore, turns profitable
Q4 profit at Rs 31 crore, full-year profit at Rs 13 crore vs loss last year.
MUMBAI: From sparkle to numbers, Bluestone seems to be polishing more than just jewellery this year. Bluestone Jewellery and Lifestyle Limited reported a sharp turnaround in FY26, with revenue from operations rising to Rs 2,436 crore (Rs 24,364 million), up from Rs 1,770 crore (Rs 17,700 million) in FY25. The company posted a full-year profit of Rs 13 crore (Rs 131.79 million), a significant recovery from a loss of Rs 222 crore (Rs 2,218 million) a year ago.
Total income for the year stood at Rs 2,486 crore (Rs 24,860 million), compared to Rs 1,830 crore (Rs 18,300 million) in the previous year, reflecting both topline growth and improved operational momentum.
The March quarter, however, told a more nuanced story. Revenue from operations came in at Rs 681 crore (Rs 6,814 million), down from Rs 748 crore (Rs 7,486 million) in the year-ago period, though higher than Rs 461 crore (Rs 4,613 million) in the preceding December quarter. Net profit for Q4 stood at Rs 31 crore (Rs 311.81 million), compared to Rs 68 crore (Rs 688 million) a year earlier, but a clear reversal from a loss of Rs 51 crore (Rs 512 million) in Q3.
Margins were shaped by higher input costs, with raw material consumption rising to Rs 2,204 crore (Rs 22,043 million) for the full year, alongside employee benefit expenses of Rs 282 crore (Rs 2,824 million) and finance costs of Rs 210 crore (Rs 2,104 million). Other expenses came in at Rs 371 crore (Rs 3,715 million), slightly lower than Rs 393 crore (Rs 3,938 million) in FY25.
On the balance sheet front, total assets expanded to Rs 4,961 crore (Rs 49,610 million) as of March 31, 2026, from Rs 3,532 crore (Rs 35,322 million) a year earlier, driven largely by a surge in inventories to Rs 2,672 crore (Rs 26,718 million). Equity also strengthened to Rs 1,803 crore (Rs 18,030 million), nearly doubling from Rs 911 crore (Rs 9,107 million).
Cash flows reflected the cost of growth. Net cash used in operating activities stood at Rs 199 crore (Rs 1,990 million), while investing activities saw an outflow of Rs 239 crore (Rs 2,392 million). Financing activities, however, generated Rs 497 crore (Rs 4,971 million), helping the company end the year with cash and cash equivalents of Rs 108 crore (Rs 1,075 million), up from Rs 49 crore (Rs 487 million).
Earnings per share for FY26 came in at Rs 1.10, a sharp improvement from a negative Rs 79.74 in FY25, underlining the shift from losses to profitability.
With revenue scaling up, costs still glittering on the higher side, and profitability finally back in the black, BlueStone’s FY26 performance suggests a business mid-transition less about shine alone, and more about sustaining it.
