ATC to buy Voda, Idea towers for Rs 7,850 cr: What this means for industry
A subsidiary of American Tower Corporation (ATC) on Monday signed an agreement to buy 20,000 mobile towers owned by Vodafone India and Idea Cellular for $1.2 billion (Rs 7,850 crore at the current exchange rate), kicking off a phase of consolidation. Read More...
Arun Jaitley rules out single GST rate
Finance Minister Arun Jaitley on Monday ruled out a single rate for the goods and services tax (GST), adding any further rationalisation of tariffs would be contingent on revenues.