Aditya Birla Group firms see sharp drop in Q4 profit

Two other listed firms of the group – Vodafone Idea and Aditya Birla Fashion and Retail – are also going through their fair share of pains.

published on : 28th May 2023

Delhi HC dismisses Vodafone Idea’s plea against Rs 2,000 crore penalty 

As per the reports, a division bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad reserved its order on the matter for April 24 after hearing the parties.

published on : 25th May 2023

Vodafone's new CEO axes 11,000 jobs in fresh tech cull

At 11,000 positions, Vodafone is seen axing more than 10 percent of its global workforce, which stood at 104,000 staff last year.

published on : 16th May 2023

'Performance not good enough': Vodafone's new CEO says to axe 11,000 jobs

"Our performance has not been good enough. To consistently deliver, Vodafone must change," Della Valle said in a statement.

published on : 16th May 2023

Vodafone Idea likely to raise funds, launch 5G in June

Discussion to raise funds is in final stage, telco to deploy 5G network in same month after receiving fund

published on : 16th May 2023

KM Birla back to Vi board as non-executive director

The move comes at a time when the company is struggling to raise funds and losing subscribers rapidly to its competitors.

published on : 21st April 2023

Jio, Airtel gain users; VIL, BSNL lose in Nov 2022

Cash-strapped and India’s third-largest telecom operator Vodafone Idea (VIL) lost a whopping 1.82 million mobile users in November, shrinking its user base to 243.79 million. 

published on : 28th January 2023

Tariff hike-led revenue growth, 5G key events for telecom, decisive year for Vodafone-Idea

According to CLSA's outlook, 2023 will have three trends to watch out for when it comes to India's mobile market.

published on : 10th January 2023

Vodafone Idea Limited equity conversion likely to take longer

Currently, the company is reeling under a debt burden of over Rs 2 lakh crore.  

published on : 6th January 2023

Capital infusion in Vodafone Idea under discussion: Telecom Minister Ashwini Vaishnaw

VIL has offered a stake to the government at a par value of Rs 10 per share and the government is waiting for the company's shares to stabilise at Rs 10 apiece.

published on : 5th January 2023

Government may further reduce base price of 5G spectrum 

TRAI recommended price cut  by nearly 39% as against the previously fixed price

published on : 29th April 2022

Reliance Jio adds over 79 lakh mobile subscribers, extends lead in net mobile user additions: TRAI data

Bharti Airtel added 40.5 lakh wireless users, and interestingly Vodafone Idea gained 10.8 lakh customers during March (compared to the previous month).

published on : 19th June 2021

Showcause notice issue: Vodafone Idea makes full payment to telecom department with interest

After receiving DoT's showcause notice dated April 7, Vodafone Idea had recently said any payment not made on March 25, would be paid on April 15 with interest.

published on : 16th April 2021

Telecom companies to report subdued fourth quarter numbers as Reliance Jio pressure continues

Kotak Securities said the March quarter performance will mark a weak end to what has been a challenging year.

published on : 15th April 2018

IUC cut disastrous, incumbent telcos may move court: COAI

The new rate will be applicable from October 1, 2017, and will be completely eliminated from January 1, 2020.

published on : 19th September 2017

Idea, Vodafone lose customers, Airtel adds users in July

Total mobile customer base of five COAI members that include Aircel and Telenor declined by 37.74 lakh to 82.6 crore in July from 83 crore at the end of June.

published on : 22nd August 2017

Idea Cellular-Vodafone India merger gets conditional go-ahead from Sebi

Sebi and exchanges have given a conditional go-ahead to the USD 23 billion merger deal between Idea Cellular and Vodafone India, subject to the outcome of an ongoing probe.

published on : 7th August 2017

No Aadhaar card? Forget new mobile connection 

Your existing cellphone connection could be deactivated after Feb 6 next year if it is not linked to the 12-digit unique number.

published on : 26th June 2017