Kumar Mangalam Birla to be Chairman of merged Vodafone-Idea entity

Mar 22 2018

Idea Cellular and Vodafone Group announced the new leadership team of the soon-to-be merged entity that will have Kumar Mangalam Birla as the non-executive Chairman.

Vodafone to skill and train 5 million youth by FY22

Mar 20 2018

Vodafone has launched an international future jobs programme to offer skilling, career guidance and access to training content to up to 5 million youth in the country.

Voda, Idea will benefit most from spectrum payment time extension

Mar 08 2018

The Idea-Voda combine will benefit the most among established players from govt's decision to allow a longer tenure to pay for spectrum bought in auction, a report said.

Telecom stocks rise on Union cabinet's relief measures for sector

Mar 08 2018

The S&P BSE Telecom index went up by 2.04 per cent to a high of 1,378.50 in morning trade.

Govt harmonising spectrum for 5G: Telecom Secretary

Mar 04 2018

The Department of Telecom has started harmonising spectrum in 3,500 megahertz band and 26 Gigahertz band along with E and V band, she said.

Anybody free to challenge tariff order in court: TRAI

Feb 27 2018

Telecom regulator Trai said anybody is free to move court against its tariff order after operators threatened to challenge the new rules while terming them "not fair".

Ugandan affiliate of Vodafone gets creditor protection

Feb 27 2018

Uganda Internet service provider that uses Vodafone’s brand under license has obtained court protection against creditors.

Govt awaits Idea, Voda tower sale closure for green signal to meger

Feb 25 2018

Vodafone, Idea's mobile tower sale deal, and raising FDI limit in the Aditya Birla group firm are holding the govt's approval to the merger of two operators.

Reliance Jio asks COAI to apologise for its comments

Feb 23 2018

Reliance Jio has sent a letter to the telecom body to publicly apologise within 48 hours for its "defamatory statements".

COAI charges of favouritism baseless, says Trai

Feb 21 2018

Trai termed as "baseless" the COAI's allegations that its orders appeared to be favouring 1 operator, and cautioned industry body against making unsubstantiated charges.

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Stocks In News



Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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