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INDUS TOWERS CONTRIBUTION
upGrad appoints former JioStar executive Mukesh Mundra as CFOupGrad announced the appointment of Mukesh Mundra as its new Chief Financial Officer. Based in Mumbai, Mundra will oversee the company's fi...- Indus Towers Q2 profit falls 17% YoY to Rs 1,839 cr on one-time accounting impactIndus Towers reported a 17.3% year-on-year drop in net profit to Rs 1,839.3 crore for the September quarter, primarily due to a one-time ac...
- Indus Towers Q2 Results: Profit drops by 17% to Rs 1,839 croreTelecom infrastructure firm Indus Towers posted a 17 per cent decline in consolidated net profit to Rs 1,839 crore in the second quarter en...
- 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 to form separate EV charging unit, focus on tower businessIndus Towers is establishing a separate unit for EV charging infrastructure, ensuring the core tower business remains unaffected. With pilo...
- Indus Towers Q3 Results: Profit shoots up 160% to Rs 4,003 crore on tower additions, Vi paymentsIndus Towers reported a 160% on-year jump in net profits at Rs 4,003 crore in the fiscal third quarter, on the back of strong tower additio...
- 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 announces plan to foray into EV charging businessIndus Towers, a leading telecom tower infrastructure provider in India, has entered the electric vehicle (EV) charging business. They have ...
- Vodafone UK’s Rs 2,000 cr capital infusion to help Vi settle Indus dues faster: AnalystsVodafone Group's infusion of capital into Vodafone Idea (Vi) from the sale of its Indus Towers stake will help the Indian telecom joint ven...
- Indus Towers shares gain 5%, Voda Idea drops 2% amid Rs 2,800 crore block dealIndus Tower Share Price: Vodafone has fully exited Indus Towers via a Rs 2,800 crore block deal, causing Indus Towers' shares to rise while...
- Vodafone to sell its 3% stake in Indus Towers for over $300 millionVodafone Group is selling its remaining 3% stake in Indus Towers for over $300 million. The proceeds will be used to repay debt and inject ...
- Vodafone PLC to sell 3% stake in Indus Towers to repay Vi debtVodafone PLC announced the sale of its remaining 3% stake in Indus Towers on Wednesday, with proceeds to be used to repay Vodafone Idea's d...
- Expect near 100% monthly payment to continue from Vi, says Indus TowersIndus Towers, during its fiscal second-quarter earnings call, announced that it has been receiving monthly payments from Vodafone Idea (Vi)...
- Indus Towers shares jump 10% post Q4 results. Should you buy, sell or hold?Indian telecom infrastructure provider Indus Towers saw a 10% increase in its share price after it reported a Q4 net profit of INR 1,399 cr...
- Worst is over; Indus Towers to explore revenue options: CEO Bimal DayalUnder the restructuring package, Vi needs to make regular payments, else Indus can draw on the ₹440 crore residual amount from Vodafone Gro...
- Vodafone UK in talks to sell residual 21% in Indus TowersVodafone's residual stake of 567.2 million shares in Indus Towers is valued at about ₹11,571 crore, based on the tower company's ₹55,000 cr...
- Airtel to end up with 12.7% in merged tower CombinedThe country's second-largest telco on Thursday announced plans to sell a further 32% stake in its tower arm, Bharti Infratel, which is in t...
- Bharti Infra to take annual hit of Rs 780 crore from Vodafone Idea exitFollowing completion of Vodafone-Idea merger, the companies have served exit notices to Bharti Infratel and its subsidiary Indus Towers fro...
- Bharti Infratel not to gain from Reliance Jio deal immediatelyCheered by its deal this week to rent out towers to Reliance Jio Infocomm, investors drove Bharti Infratel's shares up 8% in two days.
- 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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