News: Idea Cellular Ltd (IDEA.NS)
24 May 2013
* Revenue rises 13 percent to 60.6 bln rupees (Adds details)
April 25 - Indian mobile phone operator Idea Cellular plans to spend 35 billion rupees ($643.66 million) as capital expenditure in the fiscal year that started this month, it said on Thursday.
April 25 - Indian mobile phone operator Idea Cellular reported a better-than-expected 30 percent rise in quarterly profit on Thursday, continuing to win market share through strong subscriber additions.
MUMBAI, April 6 - Idea Cellular Ltd, India's third-largest mobile carrier by revenue, and one of its subsidiaries have been issued with tax demands totalling 39 billion rupees ($710 million) by Indian authorities, media reported on Saturday.
NEW DELHI, April 5 - India's telecommunications ministry has asked Vodafone Group Plc's local unit and Idea Cellular to stop 3G services outside their licensed zones and imposed penalty on both carriers, a senior government official said, in a dispute that has dragged on for more than a year.
NEW DELHI, April 5 - Idea Cellular Ltd, India's third-largest cellular carrier by revenue, said the company and a unit had received tax demands from authorities over a restructuring exercise approved by courts more than three years ago.
NEW DELHI, March 13 - India has asked the country's top five telecommunication carriers to pay a combined 18.42 billion rupees ($339 million) in additional fees after a government audit found they had under-reported revenues over two financial years, a minister said, although the companies have disputed the demand.
* Sistema Shyam: court to issue separate order on its case
MUMBAI, Jan 29 - Indian mobile phone carrier Idea Cellular Ltd expects capital expenditure of 30 billion rupees ($557 million) for the fiscal year ending in March, finance chief Akshaya Moondra said, 5 billion rupees lower than its earlier guidance.