Indus Towers Sees Second Straight Decline in Doubtful Receivables from Vodafone Idea
Indus Towers reported that Vodafone Idea Ltd. has been making payments matching the monthly billing amount since January 2023. Vodafone Idea has paid Rs 2,328...
Tag : Indus Towers
Indus Tower, Vodafone Idea Shares Crash 15% as Supreme Court Rejected AGR DuesÂ
Shares of Telecom companies were experiencing selling pressure after the Supreme Court denied their motion to recalculate their adjusted gross revenue (AGR) dues. Vodafone Idea...
DIT to Become India’s Largest Mobile Tower Company
Data Infrastructure Trust (DIT) announced on Thursday that it had acquired American Tower Corporation’s operations to become India’s largest mobile tower company, surpassing Indus Towers....
Indus Towers Approves Rs 2,640 Crore Buyback; Shares Trade Flat
Shares of Indus Towers Ltd. are trading flat after touching a day’s high of Rs 448.75 on 31 July, after the company approved a buyback...
Indus Towers Announced Q4 Earnings; Net Profit Rises 32%
Telecom infrastructure company Indus Towers, on 1 May, announced its quarterly earnings for January-March. The company registered a 32% year-on-year increase in consolidated net profit...
Indus Towers Shares Hit 52-Week High on Signing MoU for Renewable Energy Projects
Shares of Indus Towers Ltd hit a 52-week high of Rs 359.50 on 19 April after the company announced signing an MoU with NTPC Green...
Indus Tower Q1 Report; Net Profit Increases 3-Folds
India’s leading passive telecom provider, Indus Tower reported a consolidated net profit of Rs 1,348 crore for the quarter ending on June 30; the company...
Indus Towers Soars 13% After Govt Order to Buy Vodafone, Airtel Stake
Shares of Indus Towers rose 13% on February 6 after the government asked Vodafone Idea to convert adjusted gross revenue (AGR) dues into equity, with...
Airtel Now Owns 47.95% Direct Stake in Indus Towers
India’s leading telecom operator, Bharti Airtel, now directly owns 47.95% of Indus Towers. Note that Airtel already owns 47.95% of Indus Towers, which is indirect....
Market Falls 1%, Nifty Dips Below 17,900, Sensex Plunges 773 Points
India’s benchmark index fell more than 1% on January 25, with the Nifty index closing below 17,900, amid a sell-off across sectors, especially power, oil...