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Idea Cellular

Business News Roundup: September 22, 2021

Sep 22, 2021 Outlook Business Team

In this section, we recapitulate all the action from the world of business, finance and economic policymaking

Vodafone-Idea To Seek Board's Approval For Fundraising: CEO

Sep 22, 2021 Outlook Business Team

Vodafone-Idea Managing Director and CEO Ravinder Takker will update its business plans as and when the actual guidelines come from the government, he informs.


Reform Package: A Positive Bet To Revamp Telecos Biz, Says Moody's

According to the ratings agency, data consumption would continue to grow with increased transition to remote working and online transactions - this would help telcos' strengthen their earnings and cash flow

Sunil Mittal Aspires To Keep The Telecom Industry Together; Spoke To Vodafone-Idea Chief About Telecom Reforms

Sep 16, 2021 Outlook Business Team

He urged the industry to work together in areas such as infrastructure but said he was strictly opposed to any cartelisation


Vodafone Idea Breach 26 Per-Cent Mark A Day After Announcement Of Reforms

The surge comes a day after the Union Government announced a slew of reforms for telecommunication sector including a four-year moratorium on payment of dues and allowing 100 percent FDI in the sector

15 September, 2021

Telecom Reforms: Cabinet Approves 4-Year-Moratorium To Telcos For Payment Of Dues, 100% FDI

Outlook Web Desk

In big bang reforms, the Union Cabinet on Wednesday approved a relief package for the telecom sector that includes a four-year moratorium on payment of statutory dues by telecom companies as well as allowing 100 per cent foreign investment through the automatic route.


15 September, 2021

Govt Considering Token Stake in Vodafone-Idea to Boost Investor Confidence: Sources

Outlook Business Team

The move is aimed at instilling investor confidence in the beleaguered company; Kumar Mangalam Birla had offered his stake in the Vodafone-Idea combine to the Government last month


15 September, 2021

A relief package could be underway for the troubled Telecom sector

Outlook Business Team

According to PTI, the Union Cabinet is considering a relief package in the form a moratorium on payment on spectrum dues alongside revision of ADRs, spectrum charges and on unpaid dues


04 August, 2021

KM Birla’s Vodafone-Idea Letter: Cry for Help Or Masterstroke?

Asha Menon

As Kumar Mangalam Birla steps down making way for Himanshu Kapania to take over as non-executive chairman of Vodafone-Idea, it is time to analyse what was the real meaning of his letter to the government.


04 August, 2021

Vodafone Idea Shares Plunge Over 10% After Kumar Mangalam Birla Offers To Hand Over His Stake To Govt

PTI

The stock plunged 10.30 per cent to close at Rs 7.40 on the BSE. During the day, it tumbled 13.09 per cent to Rs 7.17 -- its 52-week low.


01 December, 2019

Jio To Hike Mobile Calling, Data Charges By Up To 40% From December 6

PTI

Jio said it will continue to work with the government on the consultation process for revision of telecom tariffs


19 November, 2019

After Airtel, Vodafone, Reliance Jio To Hike Mobile Tariffs Soon

PTI

Jio had stormed the telecom sector with free voice calls and dirt-cheap data


18 November, 2019

Vodafone Idea, Airtel To Raise Tariffs From December 1

IANS

Mobile data charges in India are by far the cheapest in the world even as the demand for mobile data services continue to grow rapidly, the company said.


31 August, 2018

Idea, Vodafone Merger Aims For Top Spot In Indian Telecom Sector

Outlook Web Bureau

Kumar Mangalam Birla will be chairman of the new company that will have a 12-member board of directors.


31 August, 2018

Law Tribunal Clears Merger, Vodafone Idea To Become Country's Largest Telecom Operator

Outlook Web Bureau

Vodafone Idea is expected to have a subscriber base of over 400 million


26 July, 2018

Govt Gives Final Approval To Vodafone-Idea Merger, To Be India's Largest Operator

Outlook Web Bureau

The move comes just days after Idea Cellular and Vodafone India made a joint payment of Rs 7,268.78 crore 'under protest' to the Department of Telecom (DoT) for merging their mobile businesses.


12 January, 2018

NCLT Approves Idea-Vodafone Merger

Outlook Web Bureau

Vodafone To Hold 47.5 % Stake In The Merged Entity


28 December, 2017

The Year’s Biggest Business Stories That You May Have Already Forgotten

Outlook Web Bureau

It was a year of hardknocks for businessman Adani, and that of promises for Ambani.


Photo Gallery

Artists welcome tourists as they arrive to board Cordelia cruise ship on their way from Mumbai to Lakshadweep, during a Kerala Tourism event, in Kochi.

PTI Photo

A medic prepares to administer a dose of COVID-19 vaccine to a beneficiary in Srinagar.

PTI Photo/S. Irfan

Odisha Chief Minister Naveen Patnaik hands over a smart health card under the 'Biju Swasthya Kalyan Yojana' (BSKY) scheme to a beneficiary, in Balangir district.

PTI Photo

Assam Chief Minister and NEDA convener Himanta Biswa Sarma during BJP State executive meeting, at Amingaon in Kamrup district.

PTI Photo

Swami Adya Tiwari, prime accused in Mahant Narendra Giri death case, being produced in the District Court, in Prayagraj.

PTI Photo
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