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The report said Bharti Hexacom s valuation is likely to be pegged at Rs 20,000 crore and the listing process will likely be completed by early 2024. ....
Bharti Airtel: Incorporated on April 20, 1995, Bharti Hexacom is into telecommunication business in Rajasthan and North East Circle. The company claims to be the largest mobile telephony services in Rajasthan and the North Eastern regions of India. It also provides fixed-line and broadband services in the state. ....
The Delhi High Court has allowed income tax deduction on the upfront loan processing fee to the assessee, Indus Towers.The bench of Justice Rajiv Shakdher and Justice Girish Kathpalia has observed. ....
Vodafone Idea: “Vi’s defaults and actions have put Indus in serious financial constraints and a precarious situation. In case of Vi continuing to breach its payment obligations, Indus will not only have recourse to all lawful remedies but also be entitled to mitigate its losses by restricting its services for Vi,” Indus managing director Prachur Sah wrote in a letter, dated October 3, to Trai. ....
Indus Towers: In Indus’s case, pending litigations include a Rs 3,565.7 crore claim by the Service Tax Department relating to disallowance of Cenvat credit availed on inputs, capital goods and input services for the pre-GST period following an adverse Bombay High Court ruling on the premise that towers and shelters are immovable property. ....