SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

RBI permits FIIs to acquire up to 49% stake in Idea Cellular

14 Jun 2014 Evaluate

Reserve Bank of India (RBI) has allowed foreign institutional investors (FIIs) to buy up to 49% stake in telecom operator Idea Cellular. The FII limit in the company was 24% earlier.

The decision to increase the FII limit in the company has come after passage of resolution at the board of directors’ level and a special resolution by the shareholders for enhancing the limit from 24% to 49%. FIIs held 19.51% share in the company as of quarter ended March 2014.

Idea Cellular, an AV Birla group company, provides Global System for Mobile communications (GSM)-based wireless service at the pan-India level, it is present in all 22 telecom circles.

Vodafone Idea Share Price

11.22 -0.08 (-0.71%)
07-May-2026 11:09 View Price Chart
Peers
Company Name CMP
Bharti Airtel 1829.20
Vodafone Idea 11.22
Indus Towers 404.95
Tata Communications 1596.65
Bharti Hexacom Ltd. 1513.95
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×