MAY 20249KIA & MAP MY INDIA JOIN HANDS TO OFFER NAVIGATION SOLUTIONSKia India has teamed up with Map My India to of-fer navigation solutions to its customers across the country, as reported by PTI on Thursday. The partnership aims to integrate Map My India's nav-igation solutions into Kia vehicles, providing drivers with easy access to essential services and amenities.With Map My India's extensive database covering over 450 categories of four-wheeler-specific points of interest, drivers can seamlessly discover crucial lo-cations such as dealerships, service centers, fuel sta-tions, hospitals, hotels, and restaurants.Moreover, drivers will benefit from advanced fea-tures including speed limit alerts, real-time incident updates, and voice-guided navigation support, en-hancing the overall driving experience and ensuring safety on the road, according to the company.Kia India's Chief Sales Officer, Myung-sik Sohn, emphasized the significance of the collaboration with Map My India, highlighting Kia's commitment to offer-ing innovative experiences to its customers, particu-larly those who value technological advancements. TOPSTORIESATC TELECOM SELLS ITS ENTIRE STAKE IN VODAFONE-IDEAATC Telecom Infrastructure made a significant move in the telecom sector by selling its entire 2.87 percent stake in Vodafone Idea for 1,840 crore through an open market transaction. As one of the largest infrastructure service providers for Vodafone Idea, this sale marks a notable development in the tele-com landscape.The transaction involved the sale of 144 crore shares of Vodafone Idea by ATC Telecom Infrastructure at an av-erage price of 12.78 per share, resulting in a total deal size of 1,840.32 crore. ATC Telecom Infrastructure pre-viously held a 2.87 percent stake in Vodafone Idea, which it converted from debentures into equities.Additionally, Citigroup Global Markets Mauritius acquired over 49.12 crore shares of Vodafone Idea, rep-resenting a 0.98 percent stake, at an average price of 12.70 per share, amounting to a deal value of 623.88 crore. However, Citigroup Global Markets Mauritius also sold 98.74 lakh shares of Vodafone Idea at an aver-age price of 13.47 per share, resulting in a deal size of 13.30 crore.While the identity of other buyers of the shares re-mains undisclosed, these transactions underscore the dynamic nature of the telecom sector in India. Vodafone Idea's shares closed at 13.85 apiece on the National Stock Exchange (NSE), experiencing a slight decline of 0.36 percent.
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