Disinvestment: As part of this disinvestment, Sunil Mittal-led Bharti Airtel would get Rs 4.5 crore from the transaction. KM Birla-led Vodafone Idea also informed that it would get the same amount as ...
The deal is expected to close within 30 business days from the date of execution of the agreement between the firms.
Firefly, which contributed minimally to Airtel’s revenue and net worth in FY24, will no longer be a joint venture after the deal is finalised. 03 Jan 2025 Bharti Airtel is set to acquire a 26 ...
Firefly’s contribution to Airtel’s turnover and net worth in fiscal 2024 stood at 0.0065% and 0.0007%, respectively. The Wi-Fi infrastructure company contributed Rs 5.5 crore to Vi’s losses ...
Stocks of Indo Farm Equipment, RIL, Adani Power, Mobikwik, BPCL, RIL, Bharti Airtel, Coal India, among others, are expected to remain in focus as trading resumes today, January 7, 2025.
The deal, expected to close within 30 business days, marks Vodafone Idea’s exit from this joint venture with Bharti Airtel Ltd. Post-transaction, Firefly Networks will cease to be a joint ...