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 ...
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 ...
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 be completing its exiting from Indus Towers through a Rs 2,700 crore block trade at a price of Rs 343-358 per share, offering up to 4% discount, informed sources told CNBC ...
Indus Towers is showing signs of bullish momentum and the stock has recently moved above its key moving averages, with the 50-day EMA at Rs 345.70 and the 200-day EMA at Rs 364.57. This indicates ...
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% ...