Latest News on Balesh Sharma
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Balesh Sharma - Total results - 10
Aug 20, 2019
Sensex 129 points down, Nifty at 11,000-mark in afternoon trade; Vodafone Idea slumps by over 6%, Britannia falls further by over 4%The Nifty PSU bank index, tracking state-owned banks, shed 1.5 percent, with State Bank of India falling about 1.08 percent.
Aug 19, 2019
Balesh Sharma steps down as CEO of Vodafone Idea; Ravinder Takkar to take over with immediate effectRavinder Takkar, currently Vodafone Group's representative in India, will be appointed as the new MD and CEO
Jul 27, 2019
Govt wants fair competition, will not encourage monopoly, says Telecom Minister Ravi Shankar Prasad to telco CEOsTelecom minister met CEOs of telecom companies including Bharti Airtel, Reliance Jio, Vodafone Idea and state-owned Bharat Sanchar Nigam Ltd
May 06, 2019
Vodafone Idea promoters contribute Rs 17,920 cr to rights issue following over-subscriptionVodafone Group and Aditya Birla Group had earlier reiterated to the board that they intend to contribute up to Rs 11,000 crore and up to Rs 7,250 crore respectively, amounting to total of Rs 18,250 crore, as part of the rights issue.
Apr 17, 2019
Taxes on telecom similar to non-essential items like liquor, cigarette: Vodafone Idea CEO Balesh SharmaThe telecom sector is being taxed like non-essential items such as liquor and cigarette, instead of being treated as critical infrastructure, according to Vodafone Idea
Apr 10, 2019
Vodafone Idea expects 11.15% Indus Tower stake sale to complete in three-four months for Rs 5,500 croreUnder a contract signed with Bharti Infratel in April 2018, Vodafone Idea has an option to sell the 11.15 percent stake in Indus Tower for cash ahead of the merger
Feb 06, 2019
Vodafone Idea posts Rs 5,005 cr loss for third quarter; telco targets higher share of new 4G customersThe books of Vodafone Idea recorded comprehensive loss of Rs 1,284.5 crore in the same quarter a year ago.
Nov 22, 2018
Aggressive competition makes telcos' revenue unsustainable: Vodafone Idea CEO Balesh SharmaBalesh Sharma said there is no clarity on when the pricing situation will improve either in the domestic market.
Jul 26, 2018
Vodafone-Idea merger: DoT gives final approval; deal spawns nation's biggest telecom operator worth over $23 bnThe combined operations of Idea and Vodafone will create a telecom operator with a 35 percent market share and a subscriber base of around 430 million.
Mar 23, 2018
Vodafone-Idea merger: Kumar Mangalam Birla to be non-executive chairman; Balesh Sharma CEOKumar Mangalam Birla will be non-executive chairman of the merged company which will combine business of Vodafone India and Idea Cellular