Indemnity bond to be furnished by the firm and other interested party
Ambrish Jain superannuated after 20 years of service
Underperformance may continue on price hike delay, launch of JioPhone
Airtel has to pay Rs 1,050 crore and Vodafone Idea Rs 2,000 crore, says report.
The telecom reforms announced by government recently will enable Vodafone Idea (Vi) to invest in new technology and services, including 5G, the company's Non-Executive Chairman Himanshu Kapania said
Addressing shareholder queries at company AGM Vi's chairman Himanshu Kapania said the exact amount will be worked out upon the submission of a new business plan.
Escorts and Vodafone Idea can rally up to 25-30 per cent; while AU Small Finance Bank, Bank of Baroda and REC too can deliver double-digit returns.
The govt has given an option to telcos to pay back interest on dues through equity and also conveyed that it has no interest in acquiring any telecom company, a top official of Vodafone Idea said
As of now, there's no clarity on whether the government stake would be limited to 26 per cent or if it could go up much further
Vodafone Idea CEO and MD Ravinder Takkar told Aneesh Phadnis & Nivedita Mookerji that the question mark over a third private player is a thing of the past now. Tune in to the podcast for more
In the past seven trading days, Indus Towers has surged 25 per cent post government announced reforms in the telecom sector
Airtel subscribers up 1.9 mn in July
I think the four-year moratorium period is a long enough time to get the company back on track,' says Ravinder Takkar
Company spent Rs 5,200 crore on interest payment in Q1, equal to 57% net sales
Business Standard brings you the top stories from today
With govt's relief package all fears to some extent have been put aside by investors, says Ravinder Takkar
NSE Nifty settled the day in the red ahead of the FOMC outcome later today
Vodafone plc has made it clear that it will not make any fresh equity infusion in its Indian telecom business--Vodafone Idea Ltd (VIL)
"Make in India" 5G telecom networks take a giant leap with the help of Airtel-Tata combine and Jio. Adani will invest $20 bn in green energy over 10 years. More in top headlines of the day
The stock has gained 43% YTD against 20% jump in RIL and 15% fall in Voda Idea