Vodafone too has undervaluing its shares by Rs 1,308.91 crore.
In the course of the investigations, CBI has found irregular allocation of additional spectrum beyond 6.2 MHz to 10 MHz to GSM operators, including Bharti and Vodafone during Mahajan's rule.
Piramal owns an 11 per cent stake in Vodafone India.
SC directs CBI to take action over extra spectrum allocation during NDA rule.
Taking the pole position among other operators, Reliance Jio logged download speed of 19.12 mbps during April, even bettering its own performance of 18.48 mbps demonstrated in the previous month
DoT's data is based on inputs from the Telecom Regulatory Authority of India and service providers.
The Supreme Court had ruled in Vodafone's favour in 2012.
Anil Ambani has interests in power, telecom and other infrastructure sectors.
According to the agreement with the government, the operator can ask 10-year extension if the request is made during the 19th year.
After Finance Minister P Chidambaram's indication the tax department would not act rashly on the issue, the company on Thursday said it was ready to discuss a solution with the government.
Interview with MD and CEO, Vodafone India.
A presentation by the CBI to a Joint Parliamentary Committee last week said the decision led to a loss of Rs 508 crore to the exchequer.
Vodafone on Thursday launched a new facility for its postpaid customers across the country enabling them to get a new number when they relocate to different state.
Vodafone India in association with BIG Cinemas has launched a unique initiative to make its customers feel special. From August 12 to August 26, 2012, any Vodafone customer, who goes to see a movie in BIG Cinemas at Ahmedabad, Rajkot, Jamnagar, Palanpur , Patan and Vapi, will get a Birthday surprise that will be a true delight!
The letter was written on February 20, two weeks after the Cabinet Committee of Economic Affairs had approved the 100 per cent ownership proposal of Vodafone Plc in Vodafone India, at a proposed investment of Rs 10,141 crore (Rs 101.41 billion).
The foreign investment regulator cleared a decision on Vodafone Group Plc's $1.6 billion plan to take full ownership of its local unit.
The DoT estimates that it will receive Rs 29,524 cr in revenue from the telecom industry in FY18, which is 38% less than the Budget revenue target of Rs 47,300 cr for FY18
The Bombay High Court on Thursday stayed a new income tax demand of Rs 3,000 crore (Rs 30 billion) on Vodafone India Services in an alleged transfer-pricing case from 2010-11.
The investment was committed to by Vittorio Colao, CEO of Vodafone Group Plc.
The world's largest mobile operator by revenue has begun the year on a bold note, backing the initial public offer plans of its Indian unit and sources say the ball has already been set rolling.
A total of 41 companies had applied for the permit
Active subscriber base declined by 2.2 million on a month-on-month (MoM) basis to 970.2 million in August 2019, on the back of Bharti Airtel and Vodafone Idea losing customers. Jio was the only operator to add 7.2 million active subscribers in the same month.
India's largest telecom operator in terms of subscriber numbers has been struggling to raise its share of subscribers in the market for fourth-generation technology services.
The brand integration not only marks the completion of the largest telecom merger in the world, but will also set the company on its future journey to offer strong digital experiences to 1 billion Indians on its 4G network.
The chief of the British telco's Indian subsidiary, which is the second largest cellular operator in India, also said the recent decisions by telecom authorities have disappointed the sector.
The company at present provides monthly mobile services at starting price of Rs 24 without data, and plans with data service starts from Rs 33 onward. It did not disclose the quantum of hike.
Jio says it has completed mobile number portability testing and is certified MNP-compliant
The petition was mentioned on Tuesday by Income Tax counsel Beni Chatterjee and Vodafone lawyer Fereshte Sethna before a bench headed by Chief Justice Mohit Shah.
Do a straw poll of any business friends and you will laugh and weep at what they go through, points out Rahul Jacob.
According to a list of UK's 100 most powerful people in technology and telecom sector, published today by the Daily Telegraph newspaper, Sarin won the top slot. Nikesh Arora, internet search giant Google's Indian-origin president for Europe, Mid-East and Africa, is ranked fourth.
Vodafone, according to sources, in its response to the Finance Ministry's offer for conciliation, had expressed keenness to settle the long-pending capital gains tax dispute.
Bharti Airtel and Vodafone, India's leading cellular service providers, in collaboration with Research In Motion, on Friday launched the new BlackBerry Pearl 8110 smartphone with built-in global positioning system in the Indian market.
American technology giant Apple's chief executive Tim Cook on Wednesday met ICICI Bank's top brass at the country's largest private sector lender's corporate headquarters in Mumbai.
"As someone who was born and raised in India, I recognise the urgent need for our youth to be empowered from a knowledge perspective. We believe the Foundation will become an effective catalyst in this regard, Vodafone Chief Executive Officer Arun Sarin said.
BSE Midcap and BSE Smallcap indices settled the day 0.7% and 0.9% higher
A new board has been constituted for the merged entity 'Vodafone Idea Ltd' with 12 directors (including six independent directors) and Kumar Mangalam Birla as its Chairman. The board has appointed Balesh Sharma as the CEO, the companies said in a joint statement. The combination will have an all-India revenue market share of 32.2 per cent and take the numero uno slot in nine telecom circles, it said adding that both Vodafone and Idea brands will continue.
The number of telephone subscribers in India increased from 1,183.15 million at the end of May to 1,186.63 million at the end of June.
However, the number of transactions declined to 76 in January-March this year from 110 in the year-ago quarter.
With telecom disruptor Reliance Jio not raising tariffs, incumbents Bharti Airtel and Vodafone Idea are focusing on the minimum monthly recharge and higher first recharge offers to ensure they retain only loyal and revenue-incremental subscribers, reports Romita Majumdar.
The two companies were earlier expecting to complete the merger formalities and regulatory approvals by June 30 and to start operating as one entity from July 1.
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