Vi confirms AGR relief, annual payout set at Rs 1.24 billion for the next six years
Vodafone Idea Limited (Vi) has confirmed that its adjusted gross revenue (AGR) dues for the period...
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Vi promoters earmark shares worth Rs 35.29 billion to clear legacy merger liabilities
Vodafone Idea Limited’s (Vi) promoters have earmarked 3.28 billion equity shares, valued at Rs 35.29 billion, to settle legacy liabilities linked to the merger between Vodafone India and Idea Cellular. This follows Vi’s last...
Read MoreCLINT to divest minority stakes in three data centre assets for Rs 7 billion
CapitaLand India Trust (CLINT) has entered into agreements to divest minority stakes in three under-development data centre assets to the CapitaLand India Data Centre Fund (CIDCF), which is managed by CapitaLand Investment...
Read MoreMTNL fined Rs 0.54 million by NSE and BSE for non-compliance with board norms
National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) have imposed a penalty of Rs 0.542 million on Mahanagar Telephone Nigam Limited (MTNL) for failing to meet requirements on board composition. In a regulatory filing,...
Read MoreCloudExtel raises Rs 2 billion to expand AI-ready and DC interconnect infrastructure
According to CloudExtel, the company has secured Rs 2 billion in debt funding from a private Indian bank to build artificial intelligence (AI)-ready infrastructure for telecom operators, enterprises, and data centres (DC)....
Read MoreICIL offloads 0.56 per cent stake in Bharti Airtel
Indian Continent Investment Limited (ICIL), one of Bharti Airtel’s promoter entities, has reportedly sold 34.3 million shares, amounting to a 0.56 per cent stake, for about Rs 71.89 billion. The block trade was executed at a...
Read MoreBharti Telecom plans to raise $1 billion through bonds
Bharti Telecom, the holding company of Bharti Airtel, is reportedly planning to raise close to $1 billion via bond issuance. This marks the company’s second fundraising move in the past two months. It intends to issue bonds...
Read MoreFLAG to invest Rs 3.55 billion in India and calls for stable regulatory environment
Global subsea cable operator FLAG, previously known as Global Cloud Xchange (GCX), has identified India as one of its most critical markets and plans to invest close to Rs 3.55 billion as it considers broadening its presence in...
Read MoreAnant Raj to invest Rs 45 billion in Andhra Pradesh DC project
Anant Raj Cloud has entered into a memorandum of understanding (MoU) with the state of Andhra Pradesh to set up new data centre (DC) facilities and an information technology (IT) park in the eastern coastal region. The MoU was...
Read MoreVi in talks with government for long-term resolution AGR dues
Vodafone Idea Limited (Vi) is reportedly working closely with the government to reach a sustainable, long-term resolution for its Rs 785 billion adjusted gross revenue (AGR) dues. During its earnings call, the company stated...
Read MoreVi releases financial statements for QE September 30, 2025
Vodafone Idea Limited (Vi) has released its unaudited consolidated financial statements for...
Read MoreSingtel offloads stake in Airtel via block deal
About 51 million shares of Bharti Airtel changed hands in a large block deal on the exchanges. Singapore Telecommunications Limited (Singtel) sold 51 million shares in Bharti Airtel, raising gross proceeds of S$1.5 billion...
Read MoreSupreme Court rejects Rs 2.44 billion service tax demand against Bharti Airtel
The Supreme Court of India has dismissed the central goods and services tax (CGST) department’s appeal seeking to levy a service tax of Rs 1.19 billion and a penalty of Rs 1.25 billion on Bharti Airtel over waivers provided...
Read MoreAirtel releases audited consolidated financial results for QE September 30, 2025
Bharti Airtel (Airtel) has announced its audited consolidated financial results for the second...
Read MoreAirtel board approves to acquire additional 5 per cent stake in Indus Towers
Bharti Airtel has announced that its board has approved the acquisition of an additional 5 per cent stake in Indus Towers. Airtel currently holds a 51.03 per cent stake in Indus Towers as of September 30. Based on Indus Towers’...
Read MoreIncome-Tax department withdraws Rs 85 billion transfer pricing case against Vodafone Group
In a relief to Vodafone Group Plc, the Income-Tax Department has withdrawn its long-pending Rs 85 billion transfer pricing case related to the sale of the British telecom operator’s call centre business. The case pertains to a...
Read MoreTGH in discussions to invest up to $6 billion in Vi
US-based private equity (PE) firm Tillman Global Holdings (TGH) is reportedly in advanced talks to invest $4-6 billion into Vodafone Idea Limited (Vi), with the intention of taking over operational control of the financially...
Read MoreCommunications minister reviews BSNL’s Q2 FY26 performance
Union Minister for Communications and Development of North Eastern Region chaired the second...
Read MoreRailTel releases financial results for QE and H1 September 30, 2025
RailTel Corporation of India Limited (RailTel) has announced its financial results for quarter ended (QE) September 30, 2025 in its 156th board meeting held on October, 29 2025. Company’s operating income stood at Rs 9.51...
Read MoreIndus Towers releases financial results for QE September 30, 2025
Indus Towers Limited (Indus Towers) has released its audited consolidated financial results for quarter ended (QE) on September 30, 2025. As per the company, its revenue increased to Rs 81.88 billion in second quarter (Q2) of...
Read MoreSify Infinit files DRHP for Rs 37 billion IPO
Sify Infinit Spaces has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise Rs 37 billion through an initial public offering (IPO). The issue comprises Rs 25 billion fresh...
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