Indus Towers Q1 profit up 43% on robust biz, announces ₹2,640 cr share buyback
Bharti Airtel's telecom infrastructure arm reports Q1 FY25 profit at ₹1,926 crore while revenue surges 4.3% to ₹7,383 crore
Bharti Airtel's telecom infrastructure arm reports Q1 FY25 profit at ₹1,926 crore while revenue surges 4.3% to ₹7,383 crore
U.K.-based Vodafone group will use the funds raised to substantially repay its outstanding bank borrowings of €1.8 billion secured against Vodafone's Indian assets
PNB, Trent, TVS Motor, Shriram Finance, and Zydus Lifesciences will replace these five stocks in the Nifty Next 50 index, effective from September 29, 2023.
The merger with Bharti Infratel and a sharp rise in mobile data usage aided the revenue growth of the world’s second-largest telecom tower company.
The deal comes with a stipulation that the proceeds shall be used to induce fresh equity in Vodafone Idea and simultaneously remitted to Indus Towers.