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The Latest Breaking News from Indus Towers

Capitalmind Flexi Cap Fund adds Nestle India and 10 others, exits SBI and 14 others in May

Capitalmind Flexi Cap Fund made significant portfolio adjustments in May. The fund welcomed Nestle India and eleven new stocks. It also divested holdings in State Bank of India and fourteen other companies. Exposure was increased in sixteen stocks, including NMDC and Indus Towers. The fund's portfolio now holds thirty-eight stocks…

The Economic Times

Vi shares double investments in 1 year. Here’s what analysts from Macquarie, JPMorgan, other global brokerages say

Vodafone Idea shares have surged over 100% in a year. Analysts from Macquarie, JPMorgan, and other global brokerages offer mixed views. While some see potential catalysts like government support and promoter infusion, many highlight significant challenges. Key concerns include securing crucial bank funding for capex and regaining market share. Investors…

The Economic Times

Vodafone sells remaining £269 million stake in Indian telecoms group

London-listed mobile giant has been gradually cutting its shares in Indus Towers in recent months.

Evening Standard

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Govt committed to support families of martyrs so that they live a life of comfort & dignity: J&K LG

JAMMU: Asserting that welfare of the families of those, who served and protected the country’s integrity sovereignty, will always be our top priority, Jammu and Kashmir Lieutenant Governor Manoj Sinha on Saturday underlined that government is committed to take concrete measures for the families of the martyrs so that they…

The Times of India

DoT to 'activate' conversion of VIL dues into equity after seeing firm action on fundraising

NEW DELHI: The telecom ministry will 'activate' its plan to convert dues of Vodafone Idea into equity as soon as the telco demonstrates firm commitment as a serious long-term player in the market through fundraising or any other confidence-building measure, according to a senior government official.

The Times of India

Airtel to acquire Vodafone's 4.7% stake in Indus Towers for Rs 2,388 crore

NEW DELHI: Telecom company Bharti Airtel will acquire a 4.7 per cent stake in Indus Towers from Vodafone Group for about Rs 2,388 crore, according to a company filing.

The Times of India

Airtel to acquire Vodafone's 4.7% stake in Indus Towers if funds are used for VIL

NEW DELHI: Telecom operator Bharti Airtel on Friday said it has signed an agreement to buy Vodafone's 4.7 per cent stake in Indus Towers on the condition that the proceeds will be used for investment in Vodafone Idea and clearing its dues towards the mobile tower company.

The Times of India

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