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 …
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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 …
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(Representative image) NEW DELHI: telco operator with liquidity problems Vodafone idea on Friday it said its board has approved a fundraising plan of up to 25 billion rupees as the company tries to pay off the high debts it owes to the government. In a regulatory filing, the company said: …
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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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