Search result for 'indus towers'

Vodafone Idea, Indus Towers Shares Plunge After Supreme Court Ruling

September 19, 2024 17:10

Vodafone Idea and Indus Towers shares tumbled after the Supreme Court dismissed their pleas seeking correction of alleged errors in the adjusted gross revenue (AGR) calculation.

Brookfield Backed DIT Now India's Largest Mobile Tower Firm

September 12, 2024 19:06

Data Infrastructure Trust (DIT), backed by Brookfield, acquires ATC India's operations, becoming the largest mobile tower company in India with a portfolio of 257,000 telecom sites.

Bharti Airtel to Own Majority Stake in Indus Towers

August 28, 2024 11:20

Bharti Airtel will hold over 50% stake in Indus Towers after completion of the Rs 2,640-crore share buyback scheme, increasing its existing 48.95% stake.

Indus Towers Q1 Profit Soars 42% to Rs 1,926 Cr

July 30, 2024 21:59

Indus Towers reported a 42% jump in consolidated profit to Rs 1,926 crore in the first quarter ended June 30, 2024, driven by revenue growth and stake changes.

Telecom Infra Stocks Plunge: Govt Hikes Import Duty

July 23, 2024 14:06

Telecom infrastructure stocks fell after India raised import duty on telecom equipment to boost domestic manufacturing. HFCL, Vodafone Idea, Tejas Networks and ITI were among the decliners.

Rupee Recovers 3 Paise to 83.58 vs US Dollar - Business News

June 21, 2024 09:48

The Indian rupee gained 3 paise against the US dollar in early trade on Friday, supported by foreign capital inflows and a strong domestic equity market. Read more.

Vodafone Sells 18% Stake in Indus Towers for Rs 15,300 Crore

June 19, 2024 17:40

Vodafone has sold an 18% stake in Indus Towers for Rs 15,300 crore, using the proceeds to repay bank borrowings secured against its Indian assets.

Airtel Africa EBITDA to Contract, Earnings to Slow: S&P Global

May 20, 2024 19:04

S&P Global forecasts a 20% decline in Bharti Airtel's Africa EBITDA, impacting overall earnings growth. However, Indian operations remain strong with rising ARPU and subscriber base.

MSCI India Index Adds 13 Companies: Canara Bank, JSW Energy & More

May 15, 2024 12:16

Canara Bank, JSW Energy, and 11 other companies will be included in the MSCI India index effective May 31, 2024, as per the latest index review. Three companies will be removed.

Indus Towers Q4 Profit Surges 32% to Rs 1,853 Crore

April 30, 2024 22:01

Indus Towers reports a 32% rise in Q4 net profit to Rs 1,853 crore, driven by network expansion and increased market share. Revenue also grew 6.5% to Rs 7,193.2 crore.

Vi Fundraise: Rs 18,000 cr Fresh Lease of Life - Kumar Mangalam Birla

April 25, 2024 17:52

Vodafone Idea raises Rs 18,000 crore through FPO, securing a 'fresh lease of life.' Chairman Kumar Mangalam Birla outlines plans for a smart comeback, emphasizing network expansion and selective 5G...

Airtel Denies Talks to Buy Vodafone Stake in Indus Towers

April 24, 2024 16:49

Bharti Airtel refutes reports of acquiring Vodafone Group's stake in Indus Towers, stating it has no desire to increase its stake beyond what's needed for financial consolidation. The telco...

Bharti Hexacom IPO OverSubscribed 30 Times

April 5, 2024 19:16

Bharti Hexacom's IPO received 29.88 times subscription on the final day of bidding, exceeding the expectations of investors.

Bharti Hexacom IPO Subscribed 1.12 Times on Day 2

April 4, 2024 19:56

Bharti Hexacom's IPO received 1.12 times subscription on Day 2, with strong interest from non-institutional investors. The IPO is entirely an offer for sale (OFS) of 7.5 crore equity shares by...

Bharti Hexacom IPO Subscribed 34% on Day 1

April 3, 2024 19:45

Bharti Hexacom's IPO received a lukewarm response on Day 1, with 34% subscription. The IPO is entirely an offer for sale (OFS) by Telecommunications Consultants India Ltd. Learn more about the IPO...

Vodafone Idea Fundraise: Experts on Completion Key

February 28, 2024 21:52

Vodafone Idea's announced Rs 45,000 crore fundraise is seen as positive, but experts question its completion, with past attempts failing. The company plans to use the funds for 5G rollout and 4G...

Indus Towers & IIT Madras Partner for Green Hydrogen & Battery R&D

February 23, 2024 19:28

Indus Towers and IIT Madras launch R&D labs focused on green hydrogen and battery management systems, aiming to create a solar-powered hydrogen generation system.

Artisan Partners Sells 1.2% Stake in Indus Towers for Rs 717 Crore

February 7, 2024 20:25

Artisan Partners, a US-based asset management company, has divested a 1.2% stake in Indus Towers through an open market transaction. The sale, worth Rs 717 crore, was conducted through Artisan...

KKR, CPPIB Sell Indus Towers Shares for Rs 3,978 Crore

February 1, 2024 21:50

KKR, CPPIB and Patronus Tradetech LLP sold Indus Towers shares worth Rs 3,978 crore on Thursday. KKR exited the company after selling its entire stake.

Indus Towers Collects Rs 300 cr Past Dues from Major Customer

January 24, 2024 21:01

Indus Towers has collected Rs 300 crore in past dues from a major customer, along with monthly payments. The company also addressed concerns about the impact of satellite internet companies like...

Indus Towers Shares Surge 6% on Strong Q3 Results

January 24, 2024 17:39

Indus Towers shares climbed nearly 6% on Wednesday after the company reported a profit of Rs 1,541 crore for the December quarter. The telecom infrastructure major saw strong revenue growth.

Indus Towers Stock Surges 7% on Profit Jump

January 24, 2024 13:33

Indus Towers shares soared over 7% in mid-day trading after the company reported a strong profit of Rs 1,541 crore for the December quarter.

Indus Towers Reports Rs 1,541 Cr Net Profit in Q3

January 23, 2024 22:25

Indus Towers, a major telecom infrastructure provider, reported a consolidated profit after tax of Rs 1,541 crore in the December quarter, marking a significant turnaround from a loss in the same...

Telecom Infra Providers Seek Tax Credit in Budget 2024

January 23, 2024 17:26

Telecom infrastructure providers are seeking input tax credit on telecom towers, increased tax depreciation rate, and TDS rationalization in the Union Budget 2024.

Mobile Tower Approvals Stuck in UP: DIPA

December 15, 2023 20:50

Over 1,000 mobile tower applications in Uttar Pradesh are pending approval, impacting 5G rollout, says industry body DIPA.

Telecom Infrastructure Delays in Uttar Pradesh: 5G Rollout Impacted

December 15, 2023 12:06

Digital Infrastructure Providers Association (DIPA) highlights permission delays in Uttar Pradesh, impacting telecom infrastructure deployment and 5G rollout.

Company Name
Price
Volume

Srestha Finvest
0.93 (+ 4.49)
11958688

GTL Infrastructure
2.38 (+ 0.42)
8645914

Franklin Industries
2.16 ( -2.26)
6891782

Jaiprakash Power Ven
21.87 ( -2.06)
6733765

Rajnish Wellness
3.06 ( -3.47)
5642141

PM Internship Scheme: Over 1.55 Lakh Candidates...

Over 1.55 lakh candidates have registered for the Prime Minister Internship Scheme,...

PM Modi to Inaugurate ITU Telecom Standard Meet...

Prime Minister Narendra Modi will inaugurate the first-ever ITU telecom standard...

Wipro to Consider Bonus Shares Ahead of Q2 Results

Wipro's board will meet on October 16-17 to consider a proposal for issuing bonus...

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