Page 5 - Idea Ltd News Today

The government received confirmed spectrum bids worth Rs 1.45 lakh crore after the completion of four rounds of spectrum bidding on the opening day on Tuesday

Analysts say Ambani's Reliance Jio may be the most aggressive of those in the race

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

Airtel and Voda-Idea reported record financial losses but Jio continued to surprise the markets with astonishing profits through the year.

Presidents rule was imposed in Maharashtra on Tuesday evening amid a political impasse, after Governor Bhagat Singh Koshyari in a report to the Centre stated that formation of a stable government was impossible in the current situation despite all his efforts, drawing flak from non-BJP parties. The Shiv Sena on Tuesday moved the Supreme Court challenging the Maharashtra governors decision of not granting it three days to submit the letter of support for government formation in the state but fa

Vodafone chief executive Nick Read said the government needs to ease off on payment demands to ensure a future for groups India joint venture, Vodafone-Idea Ltd.

VodaIdea vests 35.8% ownership on govt in debt-equity swap

The telecom ministry had also said the three companies will not become public sector undertakings even after the government gets a stake in them.

Following the conversion into equity, the Indian government is expected to hold about 35.8% of the total outstanding shares of Vodafone Idea.

The package comes six weeks after Kumar Mangalam Birla resigned from the post of chairman of Vodafone Idea Ltd on August 4