The agreement in on the principal condition that the amount paid shall be inducted by Vodafone as fresh equity in VIL and simultaneously remitted to Indus Towers to clear VIL's outstanding dues.
Bharti Airtel shareholders have approved the issue of preferential shares to Google for its about Rs 7,500 crore investment in the company to buy 1.28 per cent stake.
Shares of Adani Power are likely to be in focus as the company received a favourable verdict from the Supreme Court against power discoms in Rajasthan.
Rental renegotiations another dampener for the stock
Deal signed on condition that proceeds are used to clear Vi's dues
Deal conditional upon Vodafone infusing fresh equity in Vodafone Idea and simultaneously remitted to Indus Towers to clear VIL's outstanding dues
Business Standard brings you the top headlines on Friday
Closing Bell: Benchmark indices clocked their biggest one-day fall since March 2020 as Russia invaded Ukraine, rattling global markets
Bharti Airtel on Thursday announced that it has acquired a strategic stake in Singapore-based Blockchain platform Aqilliz for an undisclosed sum.
A combined 74.4 million equity shares had changed hands on the bourses till 9:52 AM. According to reports, British telecom giant Vodafone was in discussions to sell around 5% stake in Indus Towers
Bharti Airtel's parent Bharti Enterprises is Indus' largest shareholder, according to Refinitiv data.
Panacea Biotec may see some action on plans to launch a comprehensive coronavirus vaccine in association with THSTI.
"Through SEA-ME-WE-6, Airtel will add a significant amount of 100 TBps capacity to its global network," the statement said
Bharti Airtel on Monday said it has joined the 'SEA-ME-WE-6' undersea cable consortium in a bid to scale up its high-speed global network capacity to serve India's fast-growing digital economy.
The report said metaverse has enormous potential to further expand screen time and drive more bandwidth consumption.
Several Airtel users on Twitter complained that both their mobile data and broadband connection stopped working
The app's single subscription comes at an introductory price of Rs 149 a month
ABB, Amara Raja, Bharat Forge, Cummins, Hero MotoCorp, Hindalco, Hindustan Motors, HP Adhesives, IRB Infra, M&M, Novartis, Sun Tv, Tata Chemicals and Zomato of announce results on Thursday.
Bharti Airtel's paying subscriber base declined by 0.6 million QoQ versus competitors where Reliance Jio lost 8.5 million subscribers and Vodafone Idea lost 5.8 million subscribers in Q3
The E band spectrum (71-76 GHz and 81-87 GHZ) can be used by telcos for the backhaul of towers, replacing the microwave linkage, and is crucial to enable high speed data in large volumes