idea cellular

Unitech sells stake in telecom arm, reasonable valuations in competitive market

29 oct 2008

After taking a battering in its share price, India’s second larget real estate players, Unitech has sold off 60% stake via fresh share issue in Unitech Wireless to Norwegian company, Telenor for Rs.6120 crore valuing the company at Rs.10200 crore.

Another telecom merger on cards – but a passive one

07 oct 2007

In the run up to unlocking value in the tower business by telecom companies, there is now talk of a possibility of a merger of the tower business of three GSM mobile operators – Bharti Airtel, Vodafone and Idea Cellular which would create a mega tower company.

Tough times for Vodafone in India, Essar playing spoilsport

07 sep 2007

India is not an easy place to work with. With just months before formally launching the ‘Vodafone’ brand in India, the company is getting to face several legal and corporate issues.

Betting on Bio-fuel – rewarding for investors and producers

25 jun 2007

In a bid to substitute use of greenhouse gas-emitting fossil fuels, biofuels or fuel processed from plants is catching attention of producers as well as investors. There are two kinds of biofuel – ethanol, processed from sugarcane or corn, and biodiesel, made from biomass.

Spice Telecom IPO, merger the only investment driver

19 jun 2007

India’s eighth largest GSM operator offering services in Punjab and Karnataka, Spice Communications, is coming out of its IPO from June 25-27 with a price band of Rs.41-46 per share. It becomes the fifth telecom company to be listed after Bharti Airtel, Idea Cellular, Reliance Communications and Tata Tele (Mah).