Financials, IT drive Indian shares higher ahead of cenbank policy decision December 5, 2024 Vodafone Group will sell its remaining 3% stake in Indian telecom infrastructure developer Indus Towers ...
Indus Towers shares jumped 2% to an intraday high of Rs 359.75 on the BSE after the company secured a favorable ruling from ...
The development can boost Indus’s FY25 free cash flow (FCF) to ₹6,200 crore, said IIFL Securities Ltd, adding that the tower company has a payout policy of 100% of FCF, implying a potential ...
Vodafone has announced the sale of its 3% stake in Indus Towers through an accelerated book build offering. The proceeds will be used to repay Vodafone’s outstanding borrowings and potentially ...
Citi is bullish on Vodafone Idea after the Department of Telecommunications (DoT) waived the bank guarantee requirement for ...
Gulati, Ranjay, Francisco de Asis Martinez-Jerez, V.G. Narayanan, and Rachna Tahilyani. "Indus Towers: Collaborating with Competitors on Infrastructure." Harvard Business School Case 110-057, February ...
Vodafone Group said it plans to sell its remaining 3% stake in Indus Towers and use the money raised initially to repay its outstanding borrowings of $101 million. The U.K. telecommunication group ...
After Vodafone’s debt obligations are settled, the residual funds will be directed towards securing Vodafone Idea Limited’s (Vi) outstanding dues to Indus Towers. | Photo Credit: Mrinal Pal ...
Vodafone Group Plc will sell its remaining 3% stake in telecom infrastructure developer Indus Towers. The UK firm said on Wednesday that its remaining 79.2 million shares in Indus Towers will be ...
Indus Towers gained 5.5% while Bharti Hexacom shares increased by 4.5%. Tata Teleservices and Bharti Airtel advanced 1.8% and 1.6%, respectively. However, Indus Towers shares jumped by nearly 4.5% ...