Search result for 'indus towers'

Vodafone Idea Gets Govt Support: Rs 36,950 Crore Dues Converted to Equity

March 31, 2025 16:21

India's government converts Rs 36,950 crore of Vodafone Idea's dues into equity, offering significant cash flow relief and helping the telco complete its long-delayed bank debt raise. Citi views...

Gopal Vittal Elected as New GSMA Chairman

March 24, 2025 16:27

Bharti Airtel's Gopal Vittal has been elected as the new Chairman of the GSMA board, succeeding Sunil Bharti Mittal. Vittal will oversee the strategic direction of the industry body, which includes...

Starlink India Tie-Ups: Satcom Complementing Telcos, Citi Report

March 13, 2025 19:52

Citi report analyzes Starlink's tie-ups with Jio and Bharti, suggesting satcom services will complement existing telco offerings. Learn about potential benefits for telcos and impact on the Indian...

Airtel Calls for Further Tariff Hike for Financial Stability

February 7, 2025 21:30

Bharti Airtel's MD Gopal Vittal says further tariff increases are needed for the telecom sector's financial stability. The company also announced plans to exit the wholesale voice and messaging...

Sensex, Nifty Slip on RBI Rate Cut, FII Outflows

February 7, 2025 16:15

Indian equity markets closed lower after the RBI's rate cut failed to impress investors. FII outflows and profit-booking weighed on sentiment, with Sensex down 0.25% and Nifty losing 0.18%.

RBI Cuts Interest Rate by 25 bps: Sensex, Nifty Rise

February 7, 2025 11:47

The Reserve Bank of India (RBI) cut interest rates by 25 basis points, leading to gains in the Sensex and Nifty. The move comes after the economy slowed to its lowest pace since the pandemic.

Bharti Airtel Shares Surge 5% on Q3 Profit Jump

February 7, 2025 10:43

Bharti Airtel shares soared over 5% after the company reported a more than five-fold jump in net profit for the quarter ended December 31, 2024. The strong performance was driven by the...

JSW Energy Signs 180 MW Wind PPA with Amazon

February 7, 2025 10:05

JSW Energy's arm, JSW Neo Energy, has signed a power purchase agreement with Amazon for 180 MW wind power, increasing its locked-in RE C&I capacity to 4.0 GW.

RBI Policy Decision Impacts Stock Markets

February 7, 2025 09:48

Sensex and Nifty traded lower on Friday ahead of the RBI's monetary policy decision. Markets are expecting a 25 basis points reduction in interest rates. Read more.

Indus Towers Acquires Airtel & Hexacom Sites for Rs 3,309 Cr

February 6, 2025 21:35

Indus Towers to acquire 16,100 telecom towers from Bharti Airtel and Bharti Hexacom for Rs 3,308.7 crore. The deal includes macro sites, ULS, and COW, but excludes USOF sites.

Bharti Airtel Q3 Profit Jumps 5-Fold to Rs 16,134 Crore

February 6, 2025 17:54

Bharti Airtel's consolidated net profit surged over five-fold to Rs 16,134 crore in Q3 FY25, driven by Indus Tower consolidation and tariff hikes. Revenue rose 19% YoY to Rs 45,129 crore.

Indus Towers Acquires 26% Stake in Amplus Tungabhadra for Rs 27 Cr

February 4, 2025 11:39

Indus Towers to acquire 26% stake in Amplus Tungabhadra for Rs 27 crore to consume 50 MW renewable energy from solar PV power plant.

Indus Towers Q3 Profit Soars 160% to Rs 4,003 Cr

January 23, 2025 22:09

Indus Towers reports a 160% jump in Q3 profit to Rs 4,003 crore driven by strong tower additions, colocation growth, and significant overdue collections.

Indus Towers Enters EV Charging Market | Latest News

January 23, 2025 22:06

Indus Towers, a leading tower infrastructure company, announced its entry into the EV charging infrastructure sector, aiming to leverage its expertise for growth.

Vodafone Sells Indus Towers Stake for Rs 2,800 cr, Clears Dues

January 10, 2025 15:05

Vodafone has sold its entire 3% stake in Indus Towers for Rs 2,800 crore, using the proceeds to clear Rs 890 crore dues. The company also increased its stake in Vodafone Idea.

Telecom Investment Recovery Challenged by Subscriber Loss, Satcom Competition

December 29, 2024 09:08

Indian private telecom operators face a difficult 2025 with subscriber losses, price wars from satellite providers like Starlink, and the need for heavy 5G investment.

Telcos Investment Recovery in Limbo: Tariff Hike Backfires, Price War Looms

December 28, 2024 18:04

India's telcos face investment recovery challenges as tariff hikes backfire and competition from satellite services like Starlink intensifies. The 5G rollout and potential price war with satcom...

JSW Energy Reaches 20 GW Generation Capacity

December 16, 2024 11:09

JSW Energy has secured multiple renewable energy projects, achieving a total locked-in generation capacity of 20 GW. The company aims to reach 20 GW generation and 40 GWh of energy storage capacity...

Indus Towers Acquires Stake in JSW Green Energy for Renewable Energy

December 13, 2024 19:10

Indus Towers invests Rs 38 crore to acquire 26% stake in JSW Green Energy Eight for procuring 130 MW renewable energy from a solar PV plant.

Vodafone Idea to Raise Rs 2000 Cr from Vodafone Group - Telecom News

December 5, 2024 18:37

Vodafone Idea's board will consider a proposal to raise Rs 2,000 crore from Vodafone Group entities. The move follows Vodafone Group's stake sale in Indus Towers to clear its debt.

Vodafone Sells Indus Towers Stake to Clear Debt, Pay Vi Dues

December 4, 2024 17:06

Vodafone to sell 3% stake in Indus Towers for Rs 2,841 crore to clear debt and pay outstanding dues of its Indian venture Vodafone Idea.

SC Ruling: Tax Credits for Telecom Infrastructure - COAI

November 20, 2024 22:22

Supreme Court grants telecom companies the right to claim tax credits on infrastructure duties, reducing financial burden and aiding compliances.

Bharti Airtel Announces Leadership Changes: Shashwat Sharma Named CEO

October 28, 2024 21:07

Bharti Airtel announces key leadership changes, with Shashwat Sharma named MD and CEO, effective January 1, 2026. Gopal Vittal to transition to Executive Vice Chairman.

Bharti Airtel Q2 Profit Soars, Vittal Named Exec Vice Chairman

October 28, 2024 18:29

Bharti Airtel's Q2 net profit jumped nearly three-fold to Rs 3,593 crore, driven by strong performance in India and Africa. Gopal Vittal will become Executive Vice Chairman, while Shashwat Sharma...

Indus Towers Q2 Profit Soars 72% to Rs 2,224 Cr

October 22, 2024 20:44

Indus Towers reported a 72% surge in Q2 net profit to Rs 2,224 crore, driven by network expansion and improved collections. Revenue also grew 4.7% YoY.

Bharti Airtel Increases Indus Towers Stake: CCI Approval

October 22, 2024 19:07

CCI approves Bharti Airtel's proposal to increase its stake in Indus Towers to over 50%. The approval follows Indus Towers' share buyback scheme.

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

Vodafone Idea L
6.81 ( -1.73)
117225274

Srestha Finvest
0.48 ( -4.00)
23917778

G G Engineering
0.81 ( -2.41)
23181029

Shangar Decor
1.11 (+ 4.72)
20087292

Guj. Toolroom Lt
1.40 ( -4.76)
17858668

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Search result for 'indus towers'

Vodafone Idea Gets Govt Support: Rs 36,950 Crore Dues Converted to Equity

Gopal Vittal Elected as New GSMA Chairman

Starlink India Tie-Ups: Satcom Complementing Telcos, Citi Report

Airtel Calls for Further Tariff Hike for Financial Stability

Sensex, Nifty Slip on RBI Rate Cut, FII Outflows

RBI Cuts Interest Rate by 25 bps: Sensex, Nifty Rise

Bharti Airtel Shares Surge 5% on Q3 Profit Jump

JSW Energy Signs 180 MW Wind PPA with Amazon

RBI Policy Decision Impacts Stock Markets

Indus Towers Acquires Airtel & Hexacom Sites for Rs 3,309 Cr

Bharti Airtel Q3 Profit Jumps 5-Fold to Rs 16,134 Crore

Indus Towers Acquires 26% Stake in Amplus Tungabhadra for Rs 27 Cr

Indus Towers Q3 Profit Soars 160% to Rs 4,003 Cr

Indus Towers Enters EV Charging Market | Latest News

Vodafone Sells Indus Towers Stake for Rs 2,800 cr, Clears Dues

Telecom Investment Recovery Challenged by Subscriber Loss, Satcom Competition

Telcos Investment Recovery in Limbo: Tariff Hike Backfires, Price War Looms

JSW Energy Reaches 20 GW Generation Capacity

Indus Towers Acquires Stake in JSW Green Energy for Renewable Energy

Vodafone Idea to Raise Rs 2000 Cr from Vodafone Group - Telecom News

Vodafone Sells Indus Towers Stake to Clear Debt, Pay Vi Dues

SC Ruling: Tax Credits for Telecom Infrastructure - COAI

Bharti Airtel Announces Leadership Changes: Shashwat Sharma Named CEO

Bharti Airtel Q2 Profit Soars, Vittal Named Exec Vice Chairman

Indus Towers Q2 Profit Soars 72% to Rs 2,224 Cr

Bharti Airtel Increases Indus Towers Stake: CCI Approval

Vodafone Idea, Indus Towers Shares Plunge After Supreme Court Ruling

Brookfield Backed DIT Now India's Largest Mobile Tower Firm

Bharti Airtel to Own Majority Stake in Indus Towers

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

Telecom Infra Stocks Plunge: Govt Hikes Import Duty

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

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

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

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

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

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

Airtel Denies Talks to Buy Vodafone Stake in Indus Towers

Bharti Hexacom IPO OverSubscribed 30 Times

Bharti Hexacom IPO Subscribed 1.12 Times on Day 2

Bharti Hexacom IPO Subscribed 34% on Day 1

Vodafone Idea Fundraise: Experts on Completion Key

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

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

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

Indus Towers Collects Rs 300 cr Past Dues from Major Customer

Indus Towers Shares Surge 6% on Strong Q3 Results

Indus Towers Stock Surges 7% on Profit Jump

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

Telecom Infra Providers Seek Tax Credit in Budget 2024

Mobile Tower Approvals Stuck in UP: DIPA

Telecom Infrastructure Delays in Uttar Pradesh: 5G Rollout Impacted

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