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 »
(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: …
Read More »
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 …
Read More »
By: Tech Desk | New Delhi | Published: September 4, 2020 11:51:45 am A look at all the new prepaid plans that Jio, Vodafone Idea and Airtel recently launched. (Photo Express) Airtel, Vodafone Idea and Reliance Jio are the top three telecommunications service providers in India. In order to remain …
Read More »
(Representative image) NEW DELHI: Amid reports suggesting Verizon and Amazon may invest more than $ 4 billion in the company, Vodafone idea on Thursday he said that while he constantly evaluates various opportunities as part of corporate strategy, there is no such proposal currently before his board. As the board …
Read More »
Indian markets fluctuated between small gains and losses on Thursday, as gains in IT and pharmaceutical stocks offset weakness in private banks. The S&P BSE Sensex was trading flat at around 39,100 levels. The index has reached intraday highs and lows of 39,236 and 38,943, respectively. The Nifty50 index hovered …
Read More »
US wireless provider Verizon Communications Inc and Amazon.com Inc can invest more than $ 4 billion in a stake in India’s Vodafone Idea Ltd, Peppermint newspaper reported Thursday, sending shares in the struggling Indian telecoms company up 10 percent. Vodafone Idea stake sale talks had been halted pending the outcome …
Read More »
MUMBAI : Vodafone Idea shares rose as much as 13.61% on Wednesday after the telecom operator said its board of directors will meet on Friday to consider fundraising proposals. At 02:44 pm, Vodafone Idea was trading at ₹9.75 to 9.67% from its previous close, while the benchmark Sensex index advanced …
Read More »
Here is a list of the top ten stocks that may appear in the news on Wednesday: Telecommunications companies: Operators must make an advance payment of 10% of the total fees before March 31. Thereafter, they must pay the balance in equal annual installments for 10 years at an interest …
Read More »
NEW DELHI: Bharti Infratel’s board approved Tuesday the long-pending merger with Indus Towers Ltd, first announced in April 2018, to create the world’s largest mobile tower operator outside of China. The deal will allow the cash-hungry Vodafone Idea Ltd to sell its 11.15% stake in Indus Towers for ₹4,000 crore, …
Read More »