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India's Vodafone Idea Explores Partnership with Elon Musk's Starlink
Vodafone Idea is exploring ways to bring satellite communication to India. The mobile operator made the disclosure after Indian stock exchanges sought a clarification on its stock move.
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Markets Extend Losses, Sensex Drops 600 Points, Nifty Below 23,000-Mark
Equity benchmark indices, Sensex and Nifty, declined in early trade on Monday, dragged down by losses in Telecom and Industrials stocks amid muted global market trends.
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Supreme Court Rejects Telcos' Plea on AGR Dues Owed to Government
The Supreme Court has dismissed a plea from telecom companies to reassess the dues they owe the government, resulting in a decline in the stock prices of Vodafone Idea and its counterparts. Vodafone Idea and Bharti Airtel are facing a combined debt of Rs. 1 lakh crore in outstanding dues, encompassing spectrum charges and licensing fees.
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Vodafone Idea and Elon Musk's Starlink Not in Tie-Up Talks, Telecom Firm Clarifies
India's Vodafone Idea is not in talks to tie up with billionaire Elon Musk's satellite internet company Starlink, the telecom operator said on Tuesday, dashing hopes of a revival in the debt-ridden company that had sent its stock soaring.
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Ericsson Sued by 37 Shareholders for $170 Million: Report
Thirty-seven Ericsson shareholders are suing the Swedish telecoms company for a combined SEK 1.8 billion (roughly Rs. 1,405 crore), saying its CEO's disclosure of activities in Iraq depressed the stock, business daily Dagens Industri reported. The shareholders, including several investment firms and pension funds, have filed separate lawsuits.
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BSNL Aims to Double Its Market Share in 3 Years; Will Invest Rs. 30,000 Crore in Network Gradation
The Chairman and Managing Director of the Bharat Sanchar Nigam Limited (BSNL) Pravin Kumar Purwar has said that the BSNL has set up a target to reach 15 percent to 20 percent of market share in three years.
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Singtel Arm Pastel Sells 1.59 Percent Stake in Bharti Airtel for Nearly Rs. 7,300 Crore
Pastel, an entity of Singtel, on Thursday divested 1.59 percent stake in Bharti Airtel for Rs. 7,261 crore through an open market transaction. The stake has been picked by Bharti Airtel's promoter Bharti Telecom, as per block deal data with the National Stock Exchange (NSE). According to the data, Pastel offloaded 9,40,00,000 shares, amounting to 1...
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Vodafone Idea Stake to Be Acquired by Government When Share Price Reaches Rs. 10 or Higher: Report
The government is set to acquire a stake in Vodafone Idea but only after the company s stock has settled at Rs. 10 or a higher value, according to a report citing an official source. The proposal to acquire a stake in Vodafone Idea was reportedly cleared by the finance ministry in July, and is expected to give the government a 33 percent stake in ...
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New York Stock Exchange to Delist Three Chinese Telecoms in Dizzying About-Face, Effective January 11
The New York Stock Exchange said it will delist three Chinese telecom companies, confirming its latest U-turn on the matter a day after US Treasury Secretary Steve Mnuchin told the NYSE chief he disagreed with an earlier decision to reverse the delistings.
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New York Stock Exchange Reverses Course, To Delist 3 Chinese Firms
The New York Stock Exchange reversed course again Wednesday saying it would delist three Chinese telecom equities from trading due to new US government guidance.
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New York Stock Exchange U-Turn on China Telecom Delistings May Reverse Again
The New York Stock Exchange is reconsidering its plan to allow three Chinese telecom giants to remain listed, the latest twist amid confusion over rules set by the Trump administration and tension within Washington on China policy.
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New York Stock Exchange Scraps Plan to Delist China Telecom Firms Over Security Risks
The New York Stock Exchange abandoned plans to delist three state-owned Chinese telecom companies, reversing a decision that further dented already strained relations between the world's two superpowers.
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China Says It Will Take Action Against US Delisting Of Its Telecom Firms
China will take "necessary measures" to safeguard the interests of its companies after the New York Stock Exchange began delisting three Chinese telecom firms that Washington says have military ties, the country's commerce ministry said on Saturday.
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New York Stock Exchange Starts Process of Delisting Three Chinese Telecom Companies Over Security Risks
The New York Stock Exchange is starting the process of delisting securities of three Chinese telecom companies, after President Donald Trump last month barred US investments in Chinese firms Washington says are owned or controlled by the military.
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New York Stock Exchange Starts Delisting Chinese Telecom Firms
The New York stock exchange has begun the process of delisting three Chinese telecoms companies as it seeks to comply with an order by the Trump administration barring investment in firms with ties to the Chinese military.
-
India's Vodafone Idea Explores Partnership with Elon Musk's Starlink
Vodafone Idea is exploring ways to bring satellite communication to India. The mobile operator made the disclosure after Indian stock exchanges sought a clarification on its stock move.
-
Markets Extend Losses, Sensex Drops 600 Points, Nifty Below 23,000-Mark
Equity benchmark indices, Sensex and Nifty, declined in early trade on Monday, dragged down by losses in Telecom and Industrials stocks amid muted global market trends.
-
Supreme Court Rejects Telcos' Plea on AGR Dues Owed to Government
The Supreme Court has dismissed a plea from telecom companies to reassess the dues they owe the government, resulting in a decline in the stock prices of Vodafone Idea and its counterparts. Vodafone Idea and Bharti Airtel are facing a combined debt of Rs. 1 lakh crore in outstanding dues, encompassing spectrum charges and licensing fees.
-
Vodafone Idea and Elon Musk's Starlink Not in Tie-Up Talks, Telecom Firm Clarifies
India's Vodafone Idea is not in talks to tie up with billionaire Elon Musk's satellite internet company Starlink, the telecom operator said on Tuesday, dashing hopes of a revival in the debt-ridden company that had sent its stock soaring.
-
Ericsson Sued by 37 Shareholders for $170 Million: Report
Thirty-seven Ericsson shareholders are suing the Swedish telecoms company for a combined SEK 1.8 billion (roughly Rs. 1,405 crore), saying its CEO's disclosure of activities in Iraq depressed the stock, business daily Dagens Industri reported. The shareholders, including several investment firms and pension funds, have filed separate lawsuits.
-
BSNL Aims to Double Its Market Share in 3 Years; Will Invest Rs. 30,000 Crore in Network Gradation
The Chairman and Managing Director of the Bharat Sanchar Nigam Limited (BSNL) Pravin Kumar Purwar has said that the BSNL has set up a target to reach 15 percent to 20 percent of market share in three years.
-
Singtel Arm Pastel Sells 1.59 Percent Stake in Bharti Airtel for Nearly Rs. 7,300 Crore
Pastel, an entity of Singtel, on Thursday divested 1.59 percent stake in Bharti Airtel for Rs. 7,261 crore through an open market transaction. The stake has been picked by Bharti Airtel's promoter Bharti Telecom, as per block deal data with the National Stock Exchange (NSE). According to the data, Pastel offloaded 9,40,00,000 shares, amounting to 1...
-
Vodafone Idea Stake to Be Acquired by Government When Share Price Reaches Rs. 10 or Higher: Report
The government is set to acquire a stake in Vodafone Idea but only after the company s stock has settled at Rs. 10 or a higher value, according to a report citing an official source. The proposal to acquire a stake in Vodafone Idea was reportedly cleared by the finance ministry in July, and is expected to give the government a 33 percent stake in ...
-
New York Stock Exchange to Delist Three Chinese Telecoms in Dizzying About-Face, Effective January 11
The New York Stock Exchange said it will delist three Chinese telecom companies, confirming its latest U-turn on the matter a day after US Treasury Secretary Steve Mnuchin told the NYSE chief he disagreed with an earlier decision to reverse the delistings.
-
New York Stock Exchange Reverses Course, To Delist 3 Chinese Firms
The New York Stock Exchange reversed course again Wednesday saying it would delist three Chinese telecom equities from trading due to new US government guidance.
-
New York Stock Exchange U-Turn on China Telecom Delistings May Reverse Again
The New York Stock Exchange is reconsidering its plan to allow three Chinese telecom giants to remain listed, the latest twist amid confusion over rules set by the Trump administration and tension within Washington on China policy.
-
New York Stock Exchange Scraps Plan to Delist China Telecom Firms Over Security Risks
The New York Stock Exchange abandoned plans to delist three state-owned Chinese telecom companies, reversing a decision that further dented already strained relations between the world's two superpowers.
-
China Says It Will Take Action Against US Delisting Of Its Telecom Firms
China will take "necessary measures" to safeguard the interests of its companies after the New York Stock Exchange began delisting three Chinese telecom firms that Washington says have military ties, the country's commerce ministry said on Saturday.
-
New York Stock Exchange Starts Process of Delisting Three Chinese Telecom Companies Over Security Risks
The New York Stock Exchange is starting the process of delisting securities of three Chinese telecom companies, after President Donald Trump last month barred US investments in Chinese firms Washington says are owned or controlled by the military.
-
New York Stock Exchange Starts Delisting Chinese Telecom Firms
The New York stock exchange has begun the process of delisting three Chinese telecoms companies as it seeks to comply with an order by the Trump administration barring investment in firms with ties to the Chinese military.
