The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Vodafone takes full control of Indian unit

Fri, 11th Apr 2014 07:01

LONDON, April 11 (Reuters) - Britain's Vodafone saidon Friday it had taken full ownership of Vodafone India bybuying the 11 percent it did not already own from PiramalEnterprises Limited.

In March 2014, Vodafone increased its stake in the unit to89 percent by buying out Analjit Singh and Neelu Analjit Singh.It said the combined cost for both the deals in March and onFriday was 101.418 billion rupees, or 1 billion pounds. ($1 = 0.5961 British Pounds) (Reporting by Paul Sandle; editing by Kate Holton)

Related Shares

More News
27 May 2024 09:49

Vodafone to wire 120,000 flats in Germany for fibre optic service

(Alliance News) - Telecommunications firm Vodafone Group PLC has signed an infrastructure contract with one of Germany's largest housing companies to ...

16 May 2024 11:26

Deutsche Telekom's strong Europe growth helps core earnings rise

May 16 (Reuters) - Deutsche Telekom reported first-quarter adjusted core earnings of 10.5 billion euros ($11.43 billion) on Thursday, with Europe a ...

16 May 2024 09:57

LONDON BROKER RATINGS: Barclays raises Travis Perkins to 'overweight'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday:

15 May 2024 10:09

TOP NEWS: Vodafone commences EUR500 million share buyback programme

(Alliance News) - Vodafone Group PLC on Wednesday said it began a share buyback programme of up to EUR500 million, a day after saying it would begin a...

15 May 2024 09:22

LONDON BROKER RATINGS: JPMorgan puts B&M on 'negative catalyst watch'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.