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On 3 February 2023, the Government of India ordered the company to convert its interest dues worth 161.33 billion Indian Rupees ($1.96 billion) to equity at the rate of 10 rupees per share face value (well over then market value ~8.5), thus making the government the single biggest shareholder in the company.
Idea Cellular was an Indian telecommunications company based at Mumbai, Maharashtra. [4] It was an integrated GSM operator and had 220.00 million subscribers as of June 2018. [5] In 2018 Idea Cellular merged with Vodafone India into Vodafone Idea. [6]
Merged into Idea Cellular [17] Hutch Essar: 1999 Acquired by Vodafone to form Vodafone India: Axiata Spice Communications: 1992 Merged into Idea Cellular [18] S Tel: 2012 Licence cancelled by the Supreme Court of India: Etisalat: 2010 [19] 2012 Licence cancelled by the Supreme Court of India [20] BPL Mobile (Loop Mobile) 1995 2014
WASHINGTON (Reuters) - U.S. private payrolls increased at a moderate pace in November, while annual wages for workers staying in their jobs edged up for the first time in 25 months.
A former director at a Massachusetts migrant shelter is speaking out against what he says were incidents of widespread violence, child sexual assault and rape at shelters in the state, including ...
On 5 December, Vodafone Group Plc sold the remaining 3.05% stake permanently exiting the company. The stake sale will be used to pay $101 million owed to indian banks & the remaining money will be used to subscribe to preferred shares of Vodafone Idea which will be used to reduce vi's outstanding debt with Indus Towers.
Want a fun Advent calendar with a mix of holiday-themed gifts? This 24-day calendar at Walmart won't feature any name brands, but it does have a fun collection of snowman, Santas, and Christmas trees.
Vodafone India was the Indian subsidiary of UK-based Vodafone Group and was a provider of telecommunications services in India with its operational head office in Mumbai. [2]As of March 2018, Vodafone India had a market share of 21%, [3] and with its merger with Idea, the collective Vodafone Idea network has approximately 375 million subscribers and is the third largest mobile ...