Tag Archives: Vodafone Idea fundraising plan

(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: …

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 …