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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]
By late January 2017, Vodafone Group's unit in India and Idea Cellular Ltd were in preliminary talks to merge. [97] And on 20 March 2017, Vodafone announced that it was merging its Indian business with Idea, India's third-largest network, to create the country's third largest operator with almost 270 million customers, [98] accounting for 16% ...
Since 2003, there are markets in over 90 countries where films from India are screened. [3] During the first decade of the 21st century, there was a steady rise in the ticket price, a tripling in the number of theatres and an increase in the number of prints of a film being released, which led to a large increase in the box office collections. [4]
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 ...
The 1992 Indian stock market scam was a market manipulation carried out by Harshad Mehta with other bankers and politicians on the Bombay Stock Exchange. The scam caused significant disruption to the stock market of India , defrauding investors of over fifteen million USD.
As of April 2023, India has 167 billionaires, which put the country third in the world, after the United States and China. [1] Mukesh Ambani, the chairman and largest shareholder of Reliance Industries, has been the richest Indian for 14 consecutive years. [2] He is currently world's 10th richest person in the world according to Forbes. [3]
It effectively blends suspense, drama, and social issues to create a compelling narrative. It is a must-watch for those who enjoy suspenseful thrillers with a meaningful story". [5] A critic from Sakshi Post wrote that "The Great Indian Suicide is a statement against superstitions and suicidal thinking that a lot of depressed people go through ...