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Indus Towers News
Banking, NBFCs and Insurance stocks to Indus Tower - here are top Buzzing Stocks today
Fri, Apr 23, 2021
Indian equity markets were trading under pressure on Friday’s noon trade. At 12:51 pm, the S&P BSE Sensex was trading with a fall of 18.26 points or 0.04% 48,062.41.
Indus Towers, Bharti Infratel merger in advanced stage; Bimal Dayal named CEO of new entity
Tue, May 21, 2019
Hemant Ruia, currently CFO of Indus Towers, is proposed to be appointed as the Chief Financial Officer of the combined entity, the statement added.
Bharti Infratel's DS Rawat not keen to continue as CEO post-merger with Indus Towers
Wed, Apr 24, 2019
Bharti Infratel on Wednesday said its current MD and CEO DS Rawat is not willing to take up the top job after merger with Indus Towers.
Bharti Infratel-Indus Towers merger: Deal unlikely to hit jobs
Sun, May 13, 2018
Bharti Infratel-Indus merger: The merged entity will have in its fold more than 163,000 towers across India - largest after China Tower. Bharti Airtel and Vodafone will jointly control the combined firm. The transaction, subject to regulatory and other approvals, including from the Competition Commission of India (CCI), Securities and Exchange Board of India (SEBI), National Company Law Tribunal (NCLT), Department of Telecom (FDI approval), is expected to close before the end of the fiscal year
Bharti Infratel, Indus Towers deal: Rs 210 cr cut in tax bill seen; check out more benefits
Fri, Apr 27, 2018
The $14.5 billion (Rs 96,773 crore) union between Bharti Infratel and Indus Towers will improve the capital structure of the combined entity and make dividend outgo more tax efficient, according to analysts.
Bharti Airtel to sell stake in Indus Towers; deal to close before next March-end
Thu, Apr 26, 2018
Telecom major Bharti Airtel on Wednesday said it will hold talks with potential investors for a strategic sale in the merged telecom tower entity Indus Towers. The proposed move comes after Airtel earlier announced the merger of its tower arm Bharti Infratel with Indus Towers.
Indus Towers, Bharti Infratel merging to become world No.2 for masts
Wed, Apr 25, 2018
The combined company, which will lag only China Tower, will remain listed on Indian bourses. It will have a nationwide presence with more than 163,000 towers, the owners of both companies said in a joint statement on Wednesday. Top Indian telecoms carrier Bharti Airtel, the majority owner of Bharti Infratel, will end up with a stake of 33.8 percent to 37.2 percent in the combined entity, which will be called Indus Towers
Vodafone to explore ways to sell stake in Indus Towers
Wed, Nov 15, 2017
British telecom major Vodafone is open to exploring opportunities for sale of stake in Indian mobile tower firm Indus Towers -- its joint venture with Bharti Airtel and Idea Cellular. If the plan fructifies, it is expected to create more value for the group.