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INDUS TOWERS WEDNESDAY
Ahead of Market: 10 things that will decide stock market action on ThursdayThe Nifty 50 and BSE Sensex surged over 1.6% after US–Iran talks optimism boosted sentiment, driving broad-based buying. Falling volatility...- Gainers & Losers: RailTel and Indus Towers among 7 big movers on WednesdayRailTel, MTAR, MCX, LIC, IT stocks, ICICI Pru Life and Indus Towers were among Wednesday’s biggest market movers as sector-wide buying lift...
- Indus Towers Q4 net falls 4% on accounting impact, finance costIndus said one of its large customers (Vodafone Idea), which accounts for a substantial part of revenue and receivables, has cleared all un...
- Indus puts towers buy from Bharti Hexacom on holdIndus Towers has paused its acquisition of 3,400 telecom towers from Bharti Hexacom, a Bharti Airtel subsidiary. This decision follows an i...
- UK's Vodafone Group PLC to sell residual 3% stake in Indus Towers through block dealVodafone Group Plc is selling its remaining 3% stake in Indus Towers through a block deal. The proceeds will be used to repay Vodafone Idea...
- Indus Towers shares in focus after Bharti Airtel gets CCI nod to raise stake in coShares of Indus Towers are expected to attract attention after the Competition Commission of India approved Bharti Airtel's plan to increas...
- Bharti Airtel to own over 50 pc stake in Indus Towers after share buybackBharti Airtel will hold over 50 per cent stake in Indus Towers after the ongoing Rs 2,640-crore share buyback scheme is completed. Indus To...
- UK’s Vodafone Group sells 18% in Indus for Rs 15,300 croreThe stake sale proceeds will be used to clear bulk of the UK company’s existing lender dues relating to $1.8 billion of borrowings secured ...
- Bharti Airtel buys extra 1% in Indus, boosts stake in towerco to Rs 48.95%Bharti Airtel acquires 1% stake in Indus Towers, increasing ownership to 48.95%. Airtel aims to strengthen Indus amidst Vodafone Idea's fin...
- Indus Towers share declines 3% after Airtel dismisses talks of acquiring stakeEarlier reports had said that Airtel was in conversation with Vodafone group to potentially acquire a controlling stake in Indus Towers. Ai...
- Artisan Partners divests 1.2% stake in Indus Towers for Rs 717 croreAccording to the bulk deal data available with the BSE, Artisan International Value Fund offloaded 3,33,46,663 shares, amounting to a 1.24 ...
- KKR exits Indus Towers via sale of 5% stake; Canada Pension Fund sells 2% holdingThrough a separate deal, the Canada Pension Plan Investment Board (CPPIB) sold 57,669,394 shares, representing a 2% stake in the telecom to...
- Vodafone Idea pays Rs 300 crore of old dues to Indus TowersPrior to the latest Rs 300 crore payment, Vi’s past dues to Indus were estimated upwards of Rs 10,000 crore as per industry estimates. Indu...
- Indus Towers sheds 12% following block deal on counterThe data from exchanges show that the deal has taken place as 6.97 crore shares exchanged hands on the National Stock Exchange, whereas mor...
- No government nod to merger, Bharti Infratel sets February 24, 2020 as new deadline for Indus mergerThe proposed merger of Bharti Infratel with Indus Towers aims to create one of the world’s largest telecom tower companies with more than 1...
- Bharti Infratel MD Rawat not keen on top job, post-merger with IndusRawat though would continue in his current role till the merger with Indus is completed.
- Airtel to evaluate stake sale post Indus and Infratel mergerAirtel said that it took the decision after having received the recommendation from its Committee of Directors.
- Indus Towers COO Bimal Dayal Elevated as CEOIndus Towers, the world’s largest telecom tower company, said it has promoted Chief Operating Officer Bimal Dayal to CEO-designate with imm...
- Indus Towers promotes COO Bimal Dayal to CEO designateDayal succeeds B.S. Shantharaju who has been with Indus Towers for over six years and will be retiring with effect from March, 31 2016.
- Indus Towers to convert Delhi’s 3,000 street light poles into telecom towersThe company has won a tender from the New Delhi Municipal Corporation (NDMC) to set up digital network by way of street lamps across the ND...
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