Indus Towers Soars 13% After Govt Order to Buy Vodafone, Airtel Stake
Shares of Indus Towers rose 13% on February 6 after the government asked Vodafone Idea to convert adjusted gross revenue (AGR) dues into equity, with...
Tag : Indus Towers
Airtel Now Owns 47.95% Direct Stake in Indus Towers
India’s leading telecom operator, Bharti Airtel, now directly owns 47.95% of Indus Towers. Note that Airtel already owns 47.95% of Indus Towers, which is indirect....
Market Falls 1%, Nifty Dips Below 17,900, Sensex Plunges 773 Points
India’s benchmark index fell more than 1% on January 25, with the Nifty index closing below 17,900, amid a sell-off across sectors, especially power, oil...
Indus Towers Shares Fall 5%, Hits more than 2-year low on Disappointing Q3 Results
Shares of Indus Towers fell to a more than two-year low of Rs 162.80 in intraday trade on Wednesday, down 5%, after posting a net...
Indus Towers Hits 52-Week Low, Shares Down 10% in One month
Shares of Indus Towers fell 3% in firm intraday trade on Tuesday, falling to a 52-week low of Rs 177.10 on the BSE amid earnings...
Vodafone Idea Approaches Banks For Loans Cost Rs 7,000 Crore
Vodafone Idea (Vi) has allegedly advanced several banks to contract loans adding up to Rs 7,000 crore, per the media report. State Bank of India,...
Airtel Shareholders Approves Rs 7,500 Crores Investment to Google
Bharti Airtel shareholders have approved the preferential shares of Rs 7,500 Crores investment to Google to buy a 1.28 per cent stake. Google’s acquisition was...
Indus Towers Posts Consolidated PAT of Rs 1,415 Crore in Q1
On Thursday, Indus Towers had posted a consolidated profit after tax (PAT) of Rs 1,415 crore in the first quarter ended June 30, 2021. Indus...
Bharti Infratel Shares Surges 24% in 3 Days
Shares of Bharti Infratel Ltd. surges 24 per cent in the last three trading sessions following the merger of Bharti Infratel and Indus Towers for creating a mega tower...
Vodafone Idea Shares Rallied 4% on Bharti Infratel-Indus Towers merger
On Friday, Shares of Vodafone Idea Ltd. rallied 4 per cent in the early trade, after receiving Rs 3,760 crore from selling its 11.15 per cent stake...