Latest News on Vodafone Group
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Vodafone Group - Total results - 37
Mar 03, 2020
AGR concerns: Vodafone Group's global CEO Nick Read plans to meet telecom minister Ravi Shankar PrasadEven as the pressure on Vodafone Idea to pay the AGR dues is mounting, Read and chairman of Vodafone Idea Kumar Mangalam Birla had recently said that they were not keen to infuse any more equity in the firm.
Dec 06, 2019
Vodafone Idea will shut in absence of govt relief, company will have to opt for insolvency route: Chairman Kumar Mangalam BirlaAt 12:06 hours, the Vodafone Idea stock was quoting at Rs 6.88, down Rs 0.43, or 5.88 percent.
Nov 14, 2019
Vodafone CEO Nick Read blames media for misrepresenting his statement; says telecom firm to stay invested in IndiaVodafone Group CEO Nick Read is learnt to have written back to Prime Minister Narendra Modi promising that the company will remain invested and blamed the media for distorting his remarks made around telecom business in India
Oct 25, 2019
Bharti Infra sets 24 December deadline for merger with Indus Towers; delay to result in lower payment to Vodafone IdeaIn April 2018, Bharti Airtel, Idea Cellular and Vodafone Group had announced an agreement for the merger of Indus Towers and Bharti Infratel to create the largest mobile tower operator in the world outside China
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 29, 2019
Vodafone Idea shares tank over 29% after telco's first-quarter earnings, subscriber base declineIndia's largest telecom operator Vodafone Idea on Friday narrowed its consolidated loss to Rs 4,873.9 crore for the June 2019 quarter.
Jul 26, 2019
'Bharti Infratel, Indus Towers merger expected to be completed by August'Last year, Bharti Airtel, Idea Cellular and Vodafone Group had announced an agreement for merger of Indus Towers and Bharti Infrate
May 29, 2019
CEPA violation: Singapore's arbitration court rejects India's plea in case against Nissan; govt likely to file appealIn 2008, when Nissan and its partner France’s Renault SA agreed to set up a car plant in Chennai, the state government promised several incentives, including tax breaks.
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.
May 02, 2019
Bharti, Vodafone plan to reduce stakes in mobile tower joint venture; Airtel to raise Rs 22,400 cr via share salePost the deal, Bharti Airtel and Vodafone will jointly control the combined company, and the transaction is expected to close before the end of 2018-19, subject to statutory approvals.