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On 30 August 2018, National Company Law Tribunal gave the final nod to the Vodafone-Idea merger. [15] It was completed on 31 August 2018, and the new entity was named Vodafone Idea. [ 16 ] [ 17 ] [ 10 ] Under the terms of the deal, the Vodafone Group Plc held a 45.2% stake in the combined entity, the Aditya Birla Group held 26% and the ...
It is the largest electricity distribution utility in India (2nd largest in the World after SGCC). MSEDCL distributes electricity to the entire state of Maharashtra except for some parts of Mumbai city where Brihanmumbai Electric Supply and Transport, Tata Power and Adani Electricity Mumbai Limited are electricity distributors.
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 ...
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]
Vodafone Group (23.2%) Aditya Birla Group (15.0%) Public Shareholding (38.0%) In February 2023, the Government of India converted ₹16,133 crore (~US$1.9 billion) debt owed to it by the operator into equity, after the company opted for the option given to it under a 'telecom reforms package'. [11]
Mobile payments is a mode of payment using mobile phones.Instead of using methods like cash, cheque, and credit card, a customer can use a mobile phone to transfer money or to pay for goods and services.
Freecharge is an Indian financial services company based in Gurgaon. It allows users to pay bills such as electricity, gas and telephone, as well as recharge mobile, broadband, DTH and metro cards. It allows users to pay bills such as electricity, gas and telephone, as well as recharge mobile, broadband, DTH and metro cards.
Electronic bill payment is a feature of online, mobile and telephone banking, similar in its effect to a giro, allowing a customer of a financial institution to transfer money from their transaction or credit card account to a creditor or vendor such as a public utility, department store or an individual to be credited against a specific account.
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