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The terms of the deal were not disclosed. The Aditya Birla Group owns a 45.96% stake in Idea Cellular Ltd.–India’s fourth biggest mobile telephone company by subscribers. The group also has interests in financial services and insurance ...
May 21, 2012 at 10:10 | Source: Wall Street Journal
Idea Cellular Ltd. (532822.BY) said Tuesday it reduced its third-generation Internet browsing prices by up to 70%, following Indian market leader Bharti Airtel Ltd. (532454.BY) that last week announced a similar cut to increase usage of the high-speed service.
May 22, 2012 at 14:27 | Source: 4-traders (press release)
The development comes after third-ranked Idea Cellular Ltd. Tuesday joined market leader Bharti Airtel Ltd. in cutting 3G rates by 70%. Both companies now offer the high-speed data service at INR0.03 per 10 kilobytes -- nearly 15 times Reliance's price.
May 25, 2012 at 13:48 | Source: 4-traders (press release)
According Rajat Mukarji, chief operating officer of Idea Cellular Ltd: “While Indian operators have absorbed cost increases in the past, including after the 3G auctions of 2010, due to erosion of margins in the past few years we do not believe the ...
May 23, 2012 at 18:51 | Source: Business Standard
The poor performance of these businesses was offset to an extent by the telecom, and fashion and lifestyle categories. Idea Cellular Ltd, in which ABNL has a 25.3% stake, contributed Rs 171 crore to Ebit, 57% more than a year ago. Price hikes and store ...
May 15, 2012 at 16:51 | Source: Livemint.com
IDEA CELLULAR LIMITED 81.1 IFCI LTD 33.95 THE INDIAN HOTELS CO. LTD 58.85 INDUSIND BANK LIMITED 310.6 INDIAN OVERSEAS BANK 79.05 JSW STEEL LIMITED 619.75 LIC HOUSING FINANCE LTD 236.15 LUPIN LIMITED 540.65 UNITED SPIRITS LIMITED 630.3 MPHASIS LIMITED 404 ...
May 14, 2012 at 22:07 | Source: in.com
Shares of billionaire Sunil Mittal’s Bharti Airtel Ltd. (BHARTI), India’s biggest operator, have dropped 8.2 percent this year. Idea Cellular Ltd. (IDEA), controlled by billionaire Kumar Mangalam Birla, has fallen 4.1 percent. India’s ...
May 9, 2012 at 03:08 | Source: Businessweek
According Rajat Mukarji, chief operating officer of Idea Cellular Ltd: "While Indian operators have absorbed cost increases in the past, including after the 3G auctions of 2010, due to erosion of margins in the past few years we do not believe the industry ...
May 23, 2012 at 00:50 | Source: afaqs.com
The auctions are crucial for companies such as Telenor ASA (TEL.OS), Sistema JSFC (AFKS.RS) and also for local operators such as Idea Cellular Ltd. (532822.BY), whose licenses have been ordered to be cancelled. -By R.Jai Krishna, Dow Jones ...
May 26, 2012 at 12:06 | Source: Smart Money
The Supreme Court in February canceled 122 licenses awarded in the sale to companies including Idea Cellular Ltd., and local partners of Norway’s Telenor ASA and Russia’s AFK Sistema. Scrapping the wireless permits, the nation’s top court ...
May 15, 2012 at 15:32 | Source: Businessweek