Madanmohan Rao

BREAKING: Vodafone Idea names Abhijit Kishore as CEO amid funding, AGR uncertainty #VodafoneIdea Ltd (Vi) has appointed Abhijit Kishore as Chief Executive Officer and Key Managerial Personnel for a three-year term, effective August 19, 2025. The appointment follows the completion of current CEO Akshaya Moondra’s three-year term, which ends at the close of business on August 18, 2025. Kishore steps into the top role at a critical juncture for the debt-laden telecom operator, which is struggling to secure fresh debt financing amid uncertainty over adjusted gross revenue (AGR) liabilities. The company remains in talks with the Department of Telecommunications (DoT) and the government for clarity and potential relief on the matter, a key factor in enabling future fund-raising. Currently serving as Vi’s Chief Operating Officer, Kishore has been with the company since March 2015, holding multiple senior leadership positions at both circle operations and corporate levels. Before becoming COO, he led the enterprise business as Chief Enterprise Business Officer. Earlier, he was Circle Business Head for Gujarat and Kerala, where he oversaw the launch of India’s first 4G services. With over 27 years of experience in the Indian telecom industry across functions and geographies, Kishore brings deep operational and strategic expertise to the role.

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Elev8 Venture Partners marks final close of maiden fund at Rs 1,400 crore “Broadly, the optimism among investors (limited partners) continues to remain high. There is a lot of capital waiting to be deployed in India. There is enough money waiting for the right companies and opportunities,” Navin Honagudi, Managing Partner at Elev8 Venture Partners, told Moneycontrol. By Tushar Goenka and Aryaman Gupta https://lnkd.in/g4mNYauG

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IN-SPACe has selected Pixxel India-led consortium-- PierSight , SatSure Analytics India, and Dhruva Space, to design, build, & operate India’s first indigenous commercial Earth Observation (EO) satellite under the Public Private Partnership model. This is big news for India, aiming to take a ₹1,200-crore leap into high-resolution, homegrown satellite data for the world. https://lnkd.in/gFumx9sC ETtech

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Two good corporate stories in Mint today. 1. BluSmart’s bankruptcy case has run into a maze—the court-appointed resolution professional says the electric taxi operator’s most valuable assets, its cars and technology, are locked in subsidiaries outside the insolvency process, making it harder to get a fair valuation for creditors. By Ayaan Kartik https://lnkd.in/gDpfr87H 2. India’s midsize information technology outsourcers, having grown faster than their larger peers for two consecutive years, are now publicly stating that India’s top tech service providers are losing their mojo. Coforge Ltd, Mphasis Ltd, Persistent Systems Ltd, and Firstsource Solutions Ltd have also stated that they are better poised for growth against larger IT services companies, including Tata Consultancy Services Ltd, Infosys Ltd, HCL Technologies Ltd, Wipro Ltd, and Tech Mahindra Ltd. By Jas Bardia https://lnkd.in/gpM5yzbh

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