Idea Cellular to offer free incoming calls on domestic roaming
Roaming value packs introduced for international travellers12-03-2017
12-03-2017
Pan-India Roll-Out Of Recharge Privacy Service This Month: Idea Cellular
The service will allow its customers to recharge their mobile phone on retail outlets without sharing their numbers.07-03-2017
Allotment Of 1,807,859 Equity Shares Of Rs.10/- Each Under Employee Stock Option Scheme, 2006 And Employee Stock Option Scheme, 2013
With reference to the captioned subject, we wish to inform you that the Nomination and Remuneration Committee of Idea Cellular Limited has vide its circular resolution dated 28th February, 2017 allotted 1,807,859 Equity Shares of Rs.10/- each to the Option/RSU's Grantees, pursuant to the exercise of Stock Options/RSU's granted under the Company's Employee Stock Option Scheme, 2006 (ESOS-2006) and Employee Stock Option Scheme,...01-03-2017
Providence Equity exits Idea Cellular
US-based private equity (PE) player Providence Equity Partners sold 3.3 per cent of its stake in telecom provider Idea Cellular through block deal on Tuesday. The total value of the deal was Rs 1,278 crore and multiple investors including Goldman Sachs picked up the stake, BSE data showed. This stake sale marks complete exit of Providence from Idea Cellular. Shares of Idea closed at Rs 115.45 apiece in the BSE, up by Rs 0.85 or 0.74 per cent. The deal has taken place at a time when Idea is in talks with its peer Vodafone on a possible merger. The news of possible merger led to spiraling of Idea stock. The scrips have surged nearly 65 per cent since its low in January.Providence had bought 15 per cent in Idea Cellular in 2006 for around Rs 1,800 crore through its investment arm - P5 Asia Investment (Mauritius). Since then, it has diluted its stake in tranches. The last tranche was in June 2016, when the PE investor sold 3.3 per cent stake through a block deal worth Rs 1,375 crore....01-03-2017
Idea Cellular shares gain 5.5%
Idea Cellular shares gained as much as 5.5 per cent to Rs 111.75, posting their biggest intraday percentage gain in over two weeks. Vodafone Group and Idea are likely to seal a merger pact within...20-02-2017
Idea Cellular pulls down Aditya Birla Nuvo net by 21%
Aditya Birla Nuvo net profit was down 21 per cent in the December quarter at 206 crore against 262 crore logged in the same period last year, largely due to lower contribution by its subsidiary...14-02-2017
Idea puts up a weak show, owing to growing competition
The stock of Idea cellular fell over 3 per cent on Monday, owing to its weak December quarter results. Reliance Jio's launch, intensifying competition, impacted Idea's voice and data business...13-02-2017
Clarifies on News Item
With reference to news flashed on CNBC TV 18 dated February 13, 2017. "Providence likely to sell stake and exit Investments in Idea Cellular", Idea Cellular Ltd has submitted to BSE a copy of Clarification is enclosed.13-02-2017
Clarification sought from Idea Cellular Ltd
The Exchange has sought clarification from Idea Cellular Ltd on February 13, 2017, with reference to news flashed on CNBC TV 18 dated February 13, 2017. "Providence likely to sell stake and exit Investments in Idea Cellular"The reply is awaited.13-02-2017
Proposal to issue Unsecured Redeemable Non-Convertible Debentures
Idea Cellular Ltd has informed BSE that the Company is proposing to issue Unsecured Redeemable Non-Convertible Debentures ("NCDs") amounting to Rs. 500 crores on private placement basis.13-02-2017