Category: Finance News

The board of Vodafone Idea Limited (Vi) is expected to meet on January 31, 2023 to reset the timeline of the preferential issue of optionally convertible debentures (OCDs) to American Tower Corporation (ATC). The telco has...

Indus Towers Limited has announced its audited consolidated results for the quarter ended (QE) December 31, 2022. The consolidated revenue for the quarter stood at Rs 67.65 billion, witnessing 2 per cent fall on year-on-year...

Route Mobile Limited has announced its financial results for the quarter ended (QE) December 31, 2022. During the quarter, revenue from operations stood at Rs 9.85 billion as against Rs 8.45 billion in QE September 2022 and Rs...

According to an exchange filing, the subsidiaries of Reliance Communications (RCOM) – Reliance Realty Limited (RRL) and Campion Properties Limited (CPL) – have initiated selling of properties, including the Dhirubhai...

Polycab India Limited has announced its consolidated financial results for the third quarter (Q3) and nine months ended December 31, 2022. During the quarter ended (QE) December 31, 2022, the company registered a 10 per cent...

According to industry sources, Reliance Jio Infocomm Limited is planning to raise funds through the sale of commercial papers (CPs).  The maturity period of the CPs is likely to be of two months. As per sources, the company will...

According to industry sources, Bharti Airtel has plans to invest Rs 270-280 billion in telecom network with a focus on 5G rollout. However, while the company is planning to increase capital expenditure (capex) by 10-15 per cent,...

Reliance Jio has deposited Rs 37.20 billion in a State Bank of India (SBI) escrow account, marking the completion of its acquisition of Reliance Infratel Limited (RITL), the tower business under Reliance Communications currently...

Bharat Sanchar Nigam Limited (BSNL) has invited bids to raise up to Rs 42 billion through government of India-guaranteed bonds maturing in 10 years. The total size of the issue consists of a Rs 5 billion ($60.54 million) base...

In a regulatory filing, Bharti Airtel has disclosed that it has approved the allotment of equity worth $8.6 million (about Rs 710 million), to those holding its foreign debt bonds issued in January 2020. To this end, the...

Ciena Corporation has announced its unaudited financial results for the fourth quarter ended October 29, 2022. For the fourth quarter of the fiscal year 2022, Ciena reported revenue of $971.0 million as compared to $1.04 billion...

In a regulatory exchange filing, Indus Towers Limited has disclosed its plans to raise funds of up to Rs 15 billion through issuance of non-convertible debentures (NCDs) in three tranches, on a private placement basis. To this...