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CITI INDUS TOWERS
Vi shares double investments in 1 year. Here’s what analysts from Macquarie, JPMorgan, other global brokerages sayVodafone Idea shares have surged over 100% in a year. Analysts from Macquarie, JPMorgan, and other global brokerages offer mixed views. Whi...- Delhivery elevates six executives to C-suite roles amid expansion pushLogistics firm Delhivery has promoted six senior executives to C-suite positions. These appointments support the company's expansion across...
- Indus Towers to set up subsidiary in GIFT cityIndus Towers, India's leading telecom tower firm, is establishing a wholly owned subsidiary in GIFT City, Gujarat. This new entity will fun...
- Indus Towers drops 7% as dividend uncertainty, growth concerns weighIndus Towers share price: Indus Towers shares sank 7.07% to ₹379.20 after analysts flagged uncertainty around dividend payouts and slashed ...
- Citi sees 76% upside in Vodafone Idea as govt hikes stake, also bullish on Indus TowersCiti Research reaffirmed its buy/high-risk rating on Vodafone Idea after the government raised its stake to 48.99%, easing financial strain...
- Citi projects 46% upside for Indus Towers, cites positive growth outlookCiti's positive outlook is based on several key factors. The brokerage expects Indus Towers to experience strong growth over the next 1-2 y...
- Indus Towers shares jump 2% after strong Q3 results. Time to buy, sell, or hold?Indus Towers' shares surged by nearly 2% following a 160% YoY jump in Q3 net profit to Rs 4,003 crore, driven by increased tower additions ...
- Indus Towers shares rally 6% after Citi recommends buying the dip, gives Rs 500 target priceIndus Towers Share Price: Shares of Indus Towers rose 6.2% to a day's high of Rs 412.45 on the BSE after global brokerage firm Citi recomme...
- Indus Towers may benefit if Vi gets money and invests: AnalystsCash-strapped Vi said it will open a sale of new shares on April 18 and close on April 22 to raise up to ₹18,000 crore. This will be closel...
- KKR fully exits Indus, Canada Pension Fund still retains 0.05%According to NSE block deal data, Silverview Portfolio Investments Pte Ltd, a KKR entity, sold 13.08 crore shares - or 4.85% - in Indus at ...
- Interest on dues from Vodafone Idea boosted Indus profits: AnalystsIndus Towers recorded strong profits in Q3FY24, with a 94.5% sequential increase in other income to Rs 602 crore. This was due to an additi...
- Ex-Indus Towers MD Bimal Dayal to take over as Adani Transmission CEO from October 1Dayal had joined Indus, India’s largest mobile towers installation company, back in 2010 as its chief operating officer. Subsequently, he w...
- Indus Towers close to signing fibre deal with Reliance Jio, Tata Sky, Tata TeleIndus, a three-way joint venture between Bharti Infratel, UK’s Vodafone Plc Group and Vodafone Idea, is in advanced talks with all three co...
- Tower companies look to new public infra projects for revenue growthThe tower industry is facing a decline in tenancy ratios due ongoing consolidation in the telecom industry.
- Infratel-Indus mega tower merger unlikely to hit jobs: Bharti officialThe merged entity will have in its fold more than 163,000 towers across India - largest after China Tower.Bharti Airtel and Vodafone will j...
- Reliance Jio Infocomm to lease more base stations from tower companies like Indus TowersRel Jio Infocomm is in talks to lease more signal emitting sites, or base stations (BTS), from tower companies such as Indus Towers and Ame...
- Indus Towers must acquire infrastructure for 4G networksBharti Airtel, Vodafone India and Idea Cellular who account for 85% of Indus Towers’ revenue, have not set the ball rolling for expansion.
- Reliance Jio to use Indus' towers to roll out servicesIndus Towers is a three-way joint venture between Bharti Airtel, Vodafone India and Idea Cellular where the first two own 42% each.
- Indus Towers to make 20k more towers diesel-free by April 13Due to frequent power disruptions across the energy-deficient country, mobile tower firms depend on the carbon-emitting diesel for keeping ...
- Bharti, Vodafone, Idea merge tower units in 16 circlesCalled Indus Towers Ltd, Bharti and Vodafone will each have a 42% equity in this infrastructure firm, while Idea Cellular will hold the rem...
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