India has evacuated 292 more nationals from Iran, taking the total to 2,200. Meanwhile, 268 Indians have also been brought back from Israel amid rising tensions in the middle east.
The government is considering extending the repayment period for AGR dues from the current six years to 20 years, while also shifting from compound to simple interest on the outstanding amount
Vodafone Idea shares surged following the announcement of a strategic partnership with AST SpaceMobile Inc. aimed at expanding mobile connectivity across India's most remote & unconnected regions.
Stocks to Watch today, June 19: Jio Financial, Inventurus Knowledge, Hero MotoCorp, Zydus Lifesciences, Vodafone Idea are among stocks that may buzz in trade
Telecom operator Vodafone Idea on Wednesday announced a partnership with Satcom firm AST SpaceMobile, a rival of Elon Musk-owned SpaceX, to deliver satellite services on smartphones directly. AST SpaceMobile is building the first and only space-based cellular broadband network accessible directly by smartphones, designed for commercial and government applications, Vodafone Idea said in a statement. "Vi (Vodafone Idea) and AST SpaceMobile Inc...announced a strategic partnership to expand mobile connectivity across India's unconnected regions. AST SpaceMobile made history by placing the first-ever voice and video call from space using a standard mobile phone, a milestone that demonstrates the real-world viability of its advanced technology," the statement said. The company did not disclose the date for the launch of the service. Vi's competitors Bharti Airtel and Reliance Jio have joined hands with SpaceX to sell services of its satellite communications (satcom) arm Starlink in ...
US-based AST SpaceMobile develops satellites that deliver 4G and 5G connectivity directly to standard smartphones without the need for any other equipment
The Centre is working on a relief plan for Vi, including a longer AGR payment schedule, but remains firm on not raising its equity stake beyond 49 per cent due to viability and cash flow concerns
Vodafone Idea or Vi shares were in demand on bourses after the company launched its 5G services in Bengaluru after rollouts in Mumbai, Delhi-NCR, Patna and Chandigarh
Supreme Court (SC) had dismissed petitions by telecom companies Vi and Airtel seeking a waiver on paying interest, penalty, and interest on penalty components as part of their long-standing AGR dues
The planned fundraise is part of Vodafone Idea's broader effort to strengthen its balance sheet and support investments in network expansion and 5G rollout
NSE F&O data shows that RVNL, Vodafone Idea and Uno Minda are witnessing long build-up of positions; while Aditya Birla Fashion is seeing short build-up.
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The statement comes after the SC dismissed petitions by Vi and Airtel seeking a waiver on paying interest, penalty, and interest on penalty components as part of their long-standing AGR dues
Vodafone Idea plans 5G rollout and debt stabilisation in India
Vi board approves plan to raise Rs 20,000 crore through FPO or private placement as Q4 net loss narrows and ARPU rises for fourth consecutive quarter
Airtel has informed the government and regulator Trai that it has approached Reliance Jio and Vodafone Idea with a proposal for a joint initiative to unite the industry against rising telecom fraud and scams. Airtel has also urged all telcos to collaborate and collectively address the growing threat of deceptive and malicious scams targeting vulnerable individuals. In separate letters to the telcos, it cited data that India recorded over 1.7 million cybercrime complaints in the first nine months of 2024, resulting in financial losses exceeding Rs 11,000 crore. The call for action comes at a time when cybercriminals are using increasingly sophisticated tactics like phishing links, fake loan offers, and fraudulent payment pages, leading to a surge in digital fraud and identity theft incidents. Airtel has upped the ante on the war on digital spams and scams, and the last few weeks have seen the Sunil Mittal-led telco rolling out fraud detection solution to block rogue sites across ...
43% of total smartphone users of Reliance Jio and Airtel have already jumped on the bandwagon
Vi must urgently raise capital
India’s telecom giants, Vodafone Idea, Airtel, and Tata Teleservices, are in for big trouble as the Supreme Court has dismissed their latest plea for relief in the AGR dues case.
Vodafone Idea said that the Hon'ble Supreme Court refused to admit the Writ Petition filed by the company, seeking appropriate relief in the AGR matter.