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Digital payments service BillDesk's profit declines 39% to Rs 149 crore, revenue grows to Rs 2,442 crore in FY22Total consolidated revenues for the BillDesk’s parent stood at Rs 2,513.8 crore for FY22, company filings showed.- NPCI raises Rs 82 cr from 19 entities, broadens shareholder base to 67The 19 new shareholders in NPCI will be holding stakes ranging from 0.04-0.44 per cent in the company, it said, adding offers were made to ...
- No respite for Vodafone Idea amid vendor trouble, nearly 1,500 more laid offNokia and Ericsson that had letters of credit from banks against previous orders, are again asking for similar guarantees from banks for ne...
- Voda Idea drops 6% on subscriber losses, CEO exitCEO Balesh Sharma resigned from his post with immediate effect, less than a year into his job.
- Visa takes minority stake in Billdesk, valuation hits $1.8 billionVisa’s investment and collaboration will help BillDesk develop new product lines for its payments and loyalty businesses.
- Telecom sector won’t lose more players: TraiSome analysts have painted a grim picture for Vodafone Idea, saying the newly created telco will find the going very tough as Reliance Jio ...
- Airtel, Jio say fined by Trai for slipping on quality normsAccording to media reports, Jio, Vodafone India and Idea have been fined about Rs 34 lakh, Rs 4 lakh, 12..5 lakh respectively.
- Vodafone Idea may trigger price war to regain customersVoda-Idea is being forced to look at aggressive pricing plans to regain subscribers they lost to Jio.
- Pricing has bottomed out, 3 pvt player mkt best possible scenario: Airtel CEO Gopal VittalAs things stand, the Bharti Airtel leads the market with about 33% revenue market share, with Vodafone trailing at about 21% share, followe...
- Nod for merger of Bharti Airtel and Telenor soon: Aruna Sundararajan, Telecom SecyIdea is awaiting clearance to increase foreign direct investment (FDI), upon which the two firms would require license changing hands from ...
- Airtel’s acquisition of Telenor India: DoT moves Supreme Court against TDSAT orderAirtel had already filed a caveat in the apex court, anticipating the department’s move, to ensure that it is allowed to become a party to ...
- Tower sale plan of Vodafone, Idea gathers steam ahead of mergerVodafone, the nation’s No. 2 mobile carrier, asked Morgan Stanley to zero in on a buyer while third largest Idea hired Bank of America-Merr...
- Vodafone-Idea merger positive for tower companies: Bharti InfratelVodafone-Idea merger will inevitably lead to short-term and one-time rationalisation of tenancies, but consolidation leading to a few but s...
- Vittorio Colao, Kumar Mangalam Birla may have met PM Narendra Modi to seek support for speedy mergerColao, Birla might have met Modi to apprise him about the pressure triggered by price war in the industry and to seek govt’s support for sp...
- Vodafone CEO and Kumar Mangalam Birla call on Narendra Modi to discuss Idea-Voda mergerVodafone and Aditya Birla Group did not immediately reply to ET's queries seeking a confirmation about the meeting with PM Modi.
- 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...
- Bharti Airtel drops after it denies to sell controlling stake in tower unitIt will sell or transfer up to 400 million Bharti Infratel shares amounting to a 21.63 per cent stake to potential investor.
- Proposed Idea Cellular-Vodafone merger: Experts weigh which brand would prevailVodafone is stronger in the urban parts and has more users: 204.69 mn against Idea’s 190.52 mn, who are mostly in semi-urban & rural market...
- Private equity fund TA Associates to grow holding in BillDesk with Rs 450 crore infusionIn 2012, TA Associates purchased a minority stake from State Bank of India and Clearstone Venture Partners for an undisclosed sum.
- SBI country’s first bank to set up payment gateway"We will be brining in new merchant categories with a special focus on government merchants such as, central, state departments and municip...
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