Vodafone PLC exits Indus Towers in Rs 2,800 crore block dealVodafone PLC has completed its exit from Indus Towers, selling its remaining 3% stake for approximately Rs 2,800 crore. The proceeds will p...
05 Dec, 2024, 09.46 AM IST
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...
04 Dec, 2024, 04.08 PM IST
Vodafone sells 18% stake in Indus Towers for Rs 15,300 crore to repay debtVodafone PLC said it has sold 484.7 million shares in Indus Towers and raised Rs 15,300 crore (€1.7 billion) in gross proceeds which will b...
19 Jun, 2024, 12.49 PM IST
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...
18 Jun, 2024, 01.39 PM IST
Airtel won't oppose Vodafone's bid to sell Indus stake to external buyerUK's Vodafone Group and India's Aditya Birla Group are facing increasing pressure from the government and lenders to infuse equity into Vod...
18 Jan, 2023, 08.38 AM IST
Vodafone UK can monetise only a small portion of Indus stake to fund Vi: Credit SuisseOn Wednesday, Vodafone Group Plc said it plans to sell 2.4% of its stake in Indus through a block deal on Thursday, and is also in talks wi...
24 Feb, 2022, 12.44 PM IST
FM Nirmala Sitharaman says rules on retro tax to be framed soonNow the rules for the same have to be framed, which Sitharaman said will be done soon. The finance minister said her ministry officials are...
16 Aug, 2021, 08.27 PM IST
Vodafone lenders approve merger of Indus Towers with Bharti InfratelVodafone Group had announced on September 1, 2020 that it had agreed to proceed with the merger of Indus Towers Limited and Bharti Infratel...
05 Oct, 2020, 04.45 PM IST
Infratel-Indus merger paves the way for Vodafone Group, Airtel to monetise their stakesCredit Suisse said “the merger provides an eventual path for stake reduction by both Vodafone Plc and Airtel,” adding that the UK telco wou...
02 Sep, 2020, 07.53 PM IST
Vodafone's funding plan for India unit leaves lenders in a tizzy'Orphan SPV' leaves banks with no recourse to UK telco's balance sheet or equity shares in case of a VIL default.
29 Jan, 2019, 08.22 AM IST
Vodafone and Idea employees' jobs are safe post merger, assure CEOsThe Vodafone Plc CEO said the combined company would “benefit from the strength of both the brands, based on an identity and brand strategy...
20 Mar, 2017, 12.56 PM IST
ICJ rejects India's plea to replace presiding arbitrator IN Vodafone tax caseIndia had earlier this year sought the replacement of Sir Berman as he is from the United Kingdom, the same country as the telecom giant Vo...
02 Nov, 2016, 07.57 PM IST
Vodafone tax case: War of words intensifiesThe war of words between Vodafone Group Plc, embroiled in a multi-billion dollar tax case here and the Indian government has further intens...
20 Apr, 2012, 11.11 PM IST
Budget 2012 proposes law that could overturn Supreme Court ruling in Vodafone caseThe Union Budget 2012 has proposed a legislation that could overturn the landmark Supreme Court ruling in favour of UK-based Vodafone Plc.
17 Mar, 2012, 11.35 AM IST
- Deadline for Vodafone's potential CWW bid extended to March 29
UK giant Vodafone Plc and Indian major Tata Communications have time till March 29 to decide on whether to make an offer for Cable & Wirele...
09 Mar, 2012, 11.10 PM IST
- Vodafone Plc to pick star trainees at Vodafone Essar to groom potential future CEOs
Vodafone Plc is set to pick talented management trainees at its India arm, Vodafone Essar, for multi-year overseas assignments in key marke...
07 Sep, 2011, 02.13 AM IST
- New FDI regime to aid Vodafone buy
The new foreign direct investment (FDI) regime could help Vodafone stay within the 74% ceiling for the telecom sector.
01 Apr, 2011, 11.09 AM IST