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INDUS TOWERS CASE
Vi shares double investments in 1 year. Here’s what analysts from Macquarie, JPMorgan, other global brokerages sayVodafone Idea shares have surged over 100% in a year. Analysts from Macquarie, JPMorgan, and other global brokerages offer mixed views. Whi...- 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 shares rise 2% after ITAT ruling reduces Rs 3,500 crore contingent liabilityIndus Towers' shares rose 2% after a favorable ruling from the Income Tax Appellate Tribunal (ITAT) on depreciation claims related to its m...
- 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 fall 13% after SC rejects re-computation in AGR caseIndus Towers Share Price: Indus Towers' shares dropped 10% to their day's low of Rs 366.30 on the BSE after the Supreme Court upheld its ru...
- 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...
- Claims worth Rs 14,243.3 crore against Indus Towers under litigationIn Indus’s case, pending litigations include a Rs 3,565.7 crore claim by the Service Tax Department relating to disallowance of Cenvat cred...
- 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 ...
- Indus Towers requests payment from Vodafone Idea in order to continue doing business after NovemberUnnamed source told PTI that the development comes after independent directors raised concerns about Vodafone Idea's (VIL) increasing debt....
- Vodafone Idea not the only stock that may get re-rated on Gautam Adani's telecom forayAdani Group has clarified that it is not eyeing the consumer mobility space by participating in the 5G auctions through its subsidiary Adan...
- Indus Towers unlikely to benefit from relief package soon: AnalystsAnalysts added that Vi's next round of investments in expanding its maze of 4G base stations are likely to come at marginal costs by way of...
- Hold Indus Towers, target price Rs 266: ICICI SecuritiesIndus Towers Ltd. key Products/Revenue Segments include Income from Infrastructure Activity for the year ending 31-Mar-2021.
- Neutral on Indus Towers, target price Rs 250: Motilal OswalIndus Towers Ltd., incorporated in the year 2006, is a Large Cap company (having a market cap of Rs 59854.55 Crore) operating in Telecommun...
- VIL's long-term business concerns remain an overhang for Indus Towers: Report"The management continues to reiterate that 5G and fibre opportunities would continue to drive growth in the future as dependency on strong...
- Airtel, Vi data traffic growth drives record tower adds for Indus in Dec quarter: CLSABrokerage CLSA said “Indus had the highest-ever additions of 3,416 towers in the December quarter, taking its total base to 1,75,510”. It e...
- CCI rejects BSNL complaint against Indus TowersThe fair trade regulator disposed of the matter as it did not find any prima facie case of contravention of the Competition Act against Ind...
- Vodafone to invest Rs 8K cr in India in June; monetise Indus stake for additional fundThe merger of Vodafone with Idea is in last leg of government approval in which the the British firm is expected to have not more than 47.5...
- Mobile users across India face temporary outage post earthquakeMobile users across India faced some coverage disruptions and network congestion minutes after a powerful earthquake measuring 7.9 on the R...
- Indus Towers converts 35,000 towers 'green'"The company estimates that this 30% base of green towers will save 54 million litres of diesel per year and Rs 300 crore a year."
- Indus Towers maps out expansion plansThe emergence of two large telecom tower companies over the past year has spurred Indus Towers to mull expansion plans.
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