On Friday, Vodafone Idea decided to raise up to 25 billion rupees through the sale of shares and debt from new investors, even as its UK parent has planned to stay away. A spokesperson for Vodafone plc said: “Our position has not changed. Vodafone Group does not intend to invest …
Read More »Vodafone idea to raise up to ₹ 25,000 crore
Vodafone Idea Ltd said on Friday that it will increase to ₹25,000 crore. The board of the Birla group’s telecom operator approved the fundraising after obtaining clarity from the Supreme Court on the staggered payment of government fees earlier this week. The board approved fundraising through two methods: by issuing …
Read More »Vodafone Idea board approves fundraising plan of up to Rs 25 billion
Vodafone Idea board on Friday approved until ₹Rs 25 billion fundraising plan through the sale of shares and debt, according to a statement issued by the telecommunications giant. The board of directors of the indebted telecommunications company approved increasing to ₹15,000 crore through the issuance of shares, global certificates of …
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