Is Idea owned by Birla?

Is Idea owned by Birla?

Vodafone Group owns 45% of Vodafone Idea, and the Indian promoter group, which includes Kumar Mangalam Birla and Aditya Birla Group firms, holds a 26% stake. Vodafone Idea’s current market valuation is ₹31,000 crore.

Is Idea part of Aditya Birla Group?

Vodafone Idea Limited is an Aditya Birla Group and Vodafone Group partnership. It is India’s leading telecom service provider. The Company provides pan India Voice and Data services across 2G, 3G and 4G platforms.

Who is the real owner of Idea?

Idea was a pan-India integrated GSM operator and had 220.00 million subscribers as of June 2018….

Type Public
Successor Vodafone Idea Limited
Headquarters Gandhinagar, Gujarat, India
Key people Kumar Mangalam Birla (Chairman) Himanshu Kapania (Managing Director)

Will govt bail out Vodafone Idea?

The equity shares will be issued to the Government at par value of ₹10 per share. Both are subject to confirmation by the Department of Telecommunications (DoT). Following the conversion, the Government will likely hold 35.8% in the company.

What is the full form of Idea SIM?

In cryptography, the International Data Encryption Algorithm (IDEA), originally called Improved Proposed Encryption Standard (IPES), is a symmetric-key block cipher designed by James Massey of ETH Zurich and Xuejia Lai and was first described in 1991. …

Can Vodafone Idea survive in India?

The company will not have the immediate risk of insolvency or shutting down, but at the same time, because 20% ARPU increase, which most of the companies have taken, is not enough to help Vodafone in a major way given the fact that their annual commitments in terms of the interest and the repayment are almost about Rs …

What is the future Plan of Vodafone Idea?

Vodafone Idea plans to invest Rs 27,000 crore in FY20 The debt-ridden company has advanced its target date to complete integration of Vodafone and Idea Cellular business to financial year 2021 from fiscal 2023.

Is Vi and Idea same?

On 7 September 2020, Vodafone Idea unveiled its new brand identity, ‘Vi’ which involves the integration of the company’s erstwhile separate brands ‘Vodafone’ and ‘Idea’ into one unified brand.

Who is Vodafone CEO?

Nick Read (Oct 1, 2018–)Vodafone Group / CEO

Who signed the IDEA act?

President Gerald Ford
On November 29, 1975, President Gerald Ford signed into law the Education for All Handicapped Children Act (Public Law 94-142), now known as the Individuals with Disabilities Education Act (IDEA).

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