Searched for
INDUS TOWERS VI
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...
Vodafone Idea to raise Rs 1,980 crore from parent Vodafone PLC via preferential issueVodafone Idea (Vi) is raising Rs 1980 crore from its promoter Vodafone Group Plc by issuing fresh equity on a preferential basis, after the...
UK's Vodafone Group PLC to sell residual 3% stake in Indus Towers through block dealVodafone Group Plc is selling its remaining 3% stake in Indus Towers through a block deal. The proceeds will be used to repay Vodafone Idea...
KKR fully exits Indus, Canada Pension Fund still retains 0.05%According to NSE block deal data, Silverview Portfolio Investments Pte Ltd, a KKR entity, sold 13.08 crore shares - or 4.85% - in Indus at ...
Interest on dues from Vodafone Idea boosted Indus profits: AnalystsIndus Towers recorded strong profits in Q3FY24, with a 94.5% sequential increase in other income to Rs 602 crore. This was due to an additi...
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...
May have to restrict services to Voda Idea, Indus Towers tells TraiIndus Towers has warned that it may restrict services to Vodafone Idea (Vi) and pursue legal action to recover unpaid dues. The tower compa...
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...
Indus' past dues from Vi swell to Rs 9,500 cr: KotakA potential fundraise from Vodafone Idea (Vi) would improve Indus Towers’ chances of recovering its massive old dues – now pegged at Rs 9,5...
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,...
Bad debt provisions for Indus Towers may rise on uncertain Voda Idea paymentAt its quarterly earnings call on Wednesday, Indus’ top management said the company’s board is closely monitoring the struggling telco’s pa...
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...
Indus Towers expects Vi to stick to payment plan cleared by its boardLast week, Vi's board had cleared the issue of rupee-denominated, optionally convertible, unsecured, unrated and unlisted debentures (OCDs)...
Indus board to meet on Oct 27 to consider raising funds via NCD issuances“The board of directors of the company in its meeting scheduled to be held on Thursday, October 27, inter alia, will consider the proposal ...
Vodafone Idea board to discuss fundraising issue tomorrowVi had first announced a Rs 25,000 crore fundraising plan via a mix of debt and equity in September 2020. Of this, it has received a shade ...
Vodafone Idea in talks with Indus Towers for softer payment termsThe tower company had shot off a warning to Vi in a strongly-worded letter written on Monday, people aware of the matter had told ET. This ...
Voda Idea shares fall nearly 2% after Indus warningIts trade receivables stood at Rs 6,249.6 crore in the April-June period, largely due to delayed payments by Vi. The prolonged trade receiv...
Clear dues or lose tower access: Indus Towers to Vodafone IdeaThe tower company shot off this warning to Vodafone Idea in a strongly-worded letter written on Monday, said two people aware of the matter...
Indus Towers' increasing receivables a risk: AnalystsThe brokerage said that while Indus (at a recent earnings call) said it’s in talks with the tenant (read: Vi), it “could not provide any ti...