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Day: January 20, 2025

Telecom Shares

Indus Towers Share Price- 20 January 2025

Indus Towers is witnessing notable momentum in the market, currently trading 3.12% higher at ₹374 compared to its previous closing price. The stock has demonstrated strong performance, delivering a return of 8.74% year-to-date, reflecting investor confidence in its growth prospects. Furthermore, its impressive 13.71% surge over the last five days highlights a recent spike in […]

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Telecom Shares

Vodafone Idea Share Price- 20 January 2025

Vodafone Idea shares surged 15% today, reaching an intraday high of ₹10.47 on the NSE. The rally followed reports suggesting that the government may consider waiving 50% of the interest and 100% of penalties, along with their associated interest, on adjusted gross revenue (AGR) dues. This potential move could provide significant financial relief to telecom […]

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223 Mobile Towers to be Installed in Tamil Nadu
Telecom Infrastructure

223 Mobile Towers to be Installed in Tamil Nadu

Tamil Nadu is making significant strides in improving rural connectivity through the establishment of 223 mobile towers under the Digital Bharat Nidhi (DBN) scheme. According to a senior official from the Department of Telecom, 197 mobile towers have already been completed, with the remaining 26, located in remote areas, set to be operational by March […]

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AGR Dues Relief Will Budget 2025 Deliver ₹1 Lakh Crore Boost for Vodafone Idea and Bharti Airtel
Telecom Industry

AGR Dues Relief: Will Budget 2025 Deliver ₹1 Lakh Crore Boost for Vodafone Idea and Bharti Airtel?

In a significant move for the cash-strapped telecom companies Vodafone Idea and Bharti Airtel, the Indian government is reportedly considering a proposal to waive a portion of their Adjusted Gross Revenue (AGR) dues. If implemented, this measure could counter the prevailing duopoly of Mukesh Ambani’s Reliance Jio and Sunil Bharti Mittal-led Airtel.  AGR, or Adjusted […]

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