1 / 17 The Supreme Court on September 19 upheld the Adjusted Gross Revenue (AGR) ruling against telecom companies and also upheld the quantum of the AGR demand. Vodafone Idea’s AGR dues currently stand at ₹70,300 crore (as of June 30, mentioned in Q1FY25 concall). 2 / 17 A bench comprising Chief Justice DY Chandrachud […]
Indus Towers shares in 10% lower circuit: How does the Vodafone Idea setback impact the company – CNBC TV18
Shares of Indus Towers Ltd. are locked in a 10% lower circuit on Thursday, marking their biggest single-day drop since June 4. The share decline followed the Supreme Court ruling in the Adjusted Gross Revenue (AGR) case. The apex court upheld the AGR ruling against the telecom companies and upheld the quantum of the AGR […]
Vodafone Idea targets 4G upgrade for 40% of non-4G users amidst fresh investments and ARPU growth strategy – CNBC TV18
Vodafone Idea Ltd (VIL) has over 83 million users who are yet to upgrade to the 4G network, the telco revealed in an investor presentation on September 9, 2024. India’s third-largest telecom service provider after market leader Reliance Jio and Bharti Airtel has an overall subscriber base of 210 million users. The company is aiming […]
Union government will not interfere in Vodafone Idea’s operations: Telecom Minister Jyotiraditya Scindia – CNBC TV18
Jyotiraditya Scindia, India’s Minister of Telecom in an exclusive interview to Moneycontrol, highlighted that the union government will not interfere in Vodafone Idea’s affairs. According to Scindia, the financial and operational decisions of Vodafone Idea are within the purview of its professional management, and the Ministry of Telecom refrains from intervening in these areas. “Vodafone […]
Reliance, IndiGo, PB Fintech, Vedanta, Vodafone Idea and more: Top stocks to watch out for on August 29 – CNBC TV18
1 / 11 Reliance Industries | The Competition Commission of India (CCI) approved the merger of the media assets of Reliance Industries and Walt Disney Co to create the country’s largest media empire worth over Rs 70,000 crore. The CCI, however, did not disclose voluntary modifications in the original deal made by the two parties. […]
Sensex Today | Stock Market LIVE Updates: Nifty looks to extend gains for fifth day amid Nifty Bank expiry
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session higher. Nifty 50 closed at 24,698.85, while Sensex ended at 80,802.86. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 379.45 points away from its record high of 25,078.30. Overnight, Wall […]
Vodafone Idea’s Q1FY25 losses narrows to five-quarter low – CNBC TV18
Despite reporting a sequential decline in quarterly revenue, the net loss of Vodafone Idea narrowed to the lowest level in five quarters. Thanks to the recent fund raise, which saw its finance costs decline by 16% to ₹5,262 crore. While the revenue of Vodafone Idea came in below Street estimates, the net loss was below […]