Tue, Apr 23, 2019
Vodafone Idea’s CEO Balesh Sharma and CFO Akshaya Moondra talk about the merger and its impact, the ongoing Rs25,000 crore rights issue and tariff plans among others during an exclusive chat with Zee Business.
Sun, Nov 04, 2018
The Mukesh Ambani has rolled a host of offers making this festival very exciting, hence, Idea also did not want to miss out on the opportunity.
Fri, Oct 26, 2018
Vodafone Group Regional CEO for Africa Middle East Asia Pacific Vivek Badrinath said that it has been widely documented in media, india telecom sector is currently facing several challenges and is indeed under considerable financial stress.
Tue, Oct 16, 2018
BSNL offer for prepaid recharge packs are exciting and massive.
Tue, Oct 09, 2018
BSNL has actually managed to provide better offers when compared to RJio, something that even largest telcos like Bharti Airtel, Vodafone and Idea Cellular are still struggling with.
Thu, Sep 13, 2018
Reliance Jio's Rs 399 recharge pack is the highest selling plan and it will now become cheaper.
Tue, Jul 31, 2018
Idea Cellular stock price has plunged by more than 6% and has also touched an intraday low of Rs 54.85 per piece on BSE.
Back homne, focus will shift to Reserve Bank of India (RBI)'s monetary policy meeting that began yesterday and will conclude tomorrow. Besides, investors will react to a slew of corporate earnings that came in after market hours yesterday.
Mon, Jul 30, 2018
Idea has stated that it is in the final stage of completing merger process with Vodafone.
Following the result announcement, the share price of Idea Cellular gained over 4% today, before ending at Rs 58.45 per piece above 3.63% on BSE.
Sat, Jul 28, 2018
Idea has seen decline in its wireless subscriber base as per the latest TRAI data for the month of May 2018.
Thu, Jul 26, 2018
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 business.
Tue, Jul 24, 2018
"Idea Cellular and Vodafone have made payment under protest as demanded by the DoT for the merger. Rs 3,926.34 crore have been paid in cash and bank guarantee of Rs 3,322.44 crore have been furnished," an Idea Cellular official confirmed the development.
Once Idea Cellular and Vodafone become one entity namely ‘Vodafone Idea’ they will be the largest telecom company by having 436 million customers surpassing both Bharti Airtel and Reliance Jio.
Idea and Vodafone India merger have moved a step closer as they have paid their dues to the Department of Telecom (DoT) on Monday. The dues include Rs 3,926 crore in cash and Rs 3,322 crore in bank guarantees, totalling Rs 7,246 crore.
Inching closer to formation of country's biggest telecom operator, Idea Cellular and Vodafone have made joint payment of Rs 7,248.78 crore under protest to the Department of Telecom for merging their mobile business.
Wed, Jul 18, 2018
The telcos are in a data pack war and they are coming up with a new or a revised plan virtually on a daily basis. It is a war started by Reliance Jio with other telcos like Vodafone, BSNL, Airtel. RJio slashed data pack tariffs and this forced other telcos to do the same or face prospect of an exodus by subscribers.
Jio's national average of 4G download speed was more than double compared to its closest rival Bharti Airtel, which recorded download speed of 9.7 mbps, higher than 9.3 mbps it registered in April, on similar parameters, according to the data published by the Telecom Regulatory Authority of India (Trai) on MySpeed Portal.
Wed, Jul 11, 2018
The telecom sector will stabilise once the Idea Cellular and Vodafone India merger is completed after the two firms fulfil certain 'pending formalities', the government said today. "We would like to see that the merger is completed at the earliest because we too want the sector is stabilised.
Tue, Jul 10, 2018
HCL Technologies said its board is scheduled to meet on July 12 to consider a proposal for buyback of equity shares. The announcement comes within a month of Tata Consultancy Services, the country’s largest software exporter, declaring a Rs 16,000-crore share buyback programme.
Wed, Jun 27, 2018
Idea Cellular prepaid Plan: Idea Cellular, which is on the verge of merger with the British telecom major Vodafone, has silently unveiled a new Rs 227 prepaid plan. Under the plan, the telecom company provides benefits for 28 days.
Mon, Jun 25, 2018
Idea Cellular share price tanked a whopping 6 per cent following reports that the company's merger with Vodafone India may not meet the expected June 30 timeline as the telecom department is looking to raise a fresh demand of around Rs 4,700 crore.
Stocks in focus today: IOC, BPCL and HPCL will remain in focus as OPEC has decided to increase oil output in its meeting held last week. Higher global output will help reduce petrol, diesel prices back home. Saudi had proposed to expand output by 10 lakh barrel per day.
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