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INDUS TOWERS DIVIDEND
Stocks in news: RIL, Infosys, Adani Energy, Dabur India, Adani GreenMarkets experienced a corrective session on Thursday, extending previous weakness amid adverse global cues. Key companies like RIL, Infosys...- ET Prime Special Series: Multibagger or Bankrupt – Part 55: This old-economy giant helped power India’s past. Its big test lies aheadSome companies face disruption at the level of products. Others face it at the level of technology. That is what makes this story more comp...
- Indus Towers: Jefferies cuts rating to underperform, gives reasons for bear outlookJefferies downgraded Indus Towers to underperform, cutting its target amid contract renewal risks, rising capex, and competitive pressures....
- Indus Towers shares surge 4% as promoter Bharti Airtel buys additional 5% stakeIndus Towers shares: Bharti Airtel has received board approval to raise its stake in Indus Towers by up to 5%, with the purchase to be carr...
- Indus Towers awaits AGR clarity before unlocking dividendIndus Towers is delaying dividends due to Vodafone Idea's AGR dues. The company welcomes clarity on this issue. Indus Towers plans to expan...
- 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 ...
- Vi clearing dues may result in big dividend from Indus TowersIndus Towers is poised to announce dividends, potentially exceeding ₹6,000 crore, as Vodafone Idea (Vi) is expected to clear its remaining ...
- 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 set to become Airtel subsidiary post-buyback exerciseBharti Airtel will soon hold a 50.005% stake in Indus Towers, thereby making the telecom tower company its subsidiary. The decision, approv...
- Indus Towers' Rs 2,600 crore share buyback offer to begin on August 14It had fixed August 9 as the record date for determining the entitlement and the names of equity shareholders who would be eligible to part...
- Vodafone Idea's Indus stake sale could speed up repayments to towerco, which may issue dividend: JP MorganVodafone Group's potential stake sale in Indus Towers may generate $2.3 billion in cashflows, prompting accelerated repayment to vendors an...
- 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 rules out dividend payment over Vodafone Idea dues issueAt its fiscal first quarter earnings call on Friday, Indus' top management also said the tower company is constantly pushing its key custom...
- Vi paying monthly bills, but clearing arrears may need fundraise: Indus Towers"...the fundraising for Vi is still critical in order to clear past dues... (We) await clarity (from the company) on past recoveries," JP M...
- Indus Towers pushes Vi to clear dues, may not allow any new payment planAt its fiscal fourth quarter earnings call Thursday, Indus' top management said that while Vi has started clearing 90-100% of current dues,...
- Full quarterly dues payment by Vi helps Indus boost FCF in Q4FY23: AnalystsThey, though, cautioned that Indus was still not out of the financial woods, reflected in the tower company's decision not to announce any ...
- Airtel ups stake in Bharti Infratel by 4.94% via block deals, pays avg Rs 2,882.32 CrThe Bharti Infratel stock climbed 4.1% to Rs 224.80 at the close on the BSE, giving the company a market capitalisation of Rs 60,582.18 cro...
- Bharti Infratel Q4 net profit gains 7% YoY: Key takeawaysThe board of the company increased the deadline of its merger with Indus Towers to June 24.
- Bharti Infratel ringing in merger with Indus to create world’s largest telcoIdea Providence PE set to exit merged co; announcement likely as early as today
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