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VODAFONE GROUP NEWS

Vodafone CEO Nick Read to step down after four years

December 05, 2022 2:18 pm

Read led the former mobile telecoms market leader through the pandemic and also sold assets to increase its focus on Europe and Africa while spinning off its towers infrastructure business into a separate unit.

Vodafone Idea board meeting on Wednesday to consider up to Rs 500 crore fundraising from Voda Group

June 21, 2022 7:14 am

As the Indian telecom market prepares for the 5G spectrum auction, the VIL board will explore funding up to Rs 500 crore from Voda Group.

UK’s Vodafone to cut Indus Towers stake

February 24, 2022 9:03 am

Vodafone said it is also in advanced discussions with one of the largest shareholders in Indus for the purchase of up to 127.1m Indus shares from Vodafone, or 4.7 per cent of Indus’ outstanding share capital, which represents the remaining balance of primary shares.

Retro tax: Vodafone moves to resolve dispute

December 04, 2021 12:36 am

🔴 The government had brought in The Taxation Laws (Amendment) Act stating that no tax demand shall be raised for any indirect transfer of Indian assets if the transaction was undertaken before May 28, 2012.

17 cases on tax table, Centre reaches out to companies for closure

August 12, 2021 7:04 am

These negotiations could be wrapped up within the next month, sources said, adding that any formal statement by either the Government or the companies would be issued only after that.

Vodafone Idea shares jump 15% as Vodafone Group makes about Rs 1,530 crore accelerated payment

April 23, 2020 1:20 pm

The scrip advanced 14.89 per cent to Rs 4.55 on the BSE. At the National Stock Exchange, it climbed 13.92 per cent to Rs 4.50.

Piramal sells its 11% stake in Vodafone India for R8,900 cr

April 11, 2014 1:33 am

Vodafone will be the first foreign carrier to take full control of an Indian telecom firm since the government removed a 74% cap on foreign ownership in the industry last year.

No plans to sell stake in Bharti holding firm: Vodafone Group CEO

December 06, 2013 3:22 am

In a letter to the telecom ministry in July,Vodafone had said it holds 4.4 per cent stake indirectly in Bharti.

Court refers Vodafone share sale dispute to tax panel

November 30, 2013 2:29 am

Transfer pricing is the value at which companies trade products,services or assets between units.

Vodafone revenue grows 17% in first-half

November 13, 2013 3:40 am

Investment will be part of Project Spring under which Vodafone Group will invest £7 billion by March 2016.

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