Page 5 - Indus Tower News Today

Manappuram Finance topped the list, the stock price gained 3.96%, and open interest saw a rise of 0.31%. Indus Towers stock price surged 3.47%, and open interest saw an increase of 4.35%.

Chakri Lokapriya says: “In terms of the industrial space, the power sector or the infrastructure space, there is a multi-year shift to green energy, shift to infrastructure spending, which goes to some of the PSUs like NTPC, NLC getting the first orders. BHEL will continue to win orders. There is still enough money to be made in the industrials and the financial space within the PSUs.”

Bharti Airtel: While talking to ET, Airtel MD Gopal Vittal said that there has not been “much headway” in getting Vodafone Idea to clear the dues owed to Indus Towers, and that it is a matter of “serious concern” for all shareholders. He also talked about 5G, AI, and satcom.

Wahi, who was previously the chief information officer at Sterlite Power, comes with 22 years of executive-level experience in the BFSI and energy sectors with a proven record of driving digital transformation across business processes with agile, scalable technology solutions, the exchange filing said.

"The Board of Directors of the Company through resolution passed by circulation on December 01, 2023, based on recommendation of the HR, Nomination and RemunerationCommittee, has approved appointment of Ms. Neeti Wahi as the Chief Digital and InformationTechnology Officer of the Company with effect from December 06, 2023," the company announced in the exchange filing.

India VIX was up by 2.68% from 11.83 to 12.14 levels on Monday. Volatility was slightly higher but the overall market was in a broader trading range.

The company’s representation and objections were in respect to license fee demand of Rs. 1,749 crore and Rs. 1,524 crore for FY2015-16 and FY2016-17, respectively.

Vodafone Idea (Vi) has met with yet more financial woes after the Department of Telecommunications (DoT) dismissed its appeal relating to its outstanding licence fees for the fiscal years between 2015-16 and 2016-17.

A long build-up was seen in 81 stocks namely Delta Corp, India Cements, Dr Lal PathLabs, Sun TV Network, and Lupin.

All sectoral indices end lower, led by Nifty IT which slumped over 2 percent. Media, FMCG, auto and consumer durables were down over a percent each