Vodafone Idea shares gain 2% as Kumar Mangalam Birla buys additional stake
Kumar Mangalam Birla, the chairman of the Aditya Birla Group, picked up an additional 1.86 crore shares in Vi on September 6.
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Vi board approves raising ₹2,458 cr via share sale to Nokia, Ericsson
Vi says preferential allotment of 166 cr shares will be done for around ₹2,458 crore to two of its key vendors – Nokia Solutions and Networks India, and Ericsson India
Aditya Birla Group to infuse ₹2075 crore in Vodafone Idea; telecom stock reacts
The board of Vi has approved an issuance of up to 139.5 crore equity shares at an issue price of ₹14.87 per equity share to Oriana Investments, an entity under the Aditya Birla Group.
Vodafone Idea stock tanks 12% as board approves ₹20,000 cr equity fundraise
Through a combination of equity and debt, the company plans to raise around ₹45,000 crore.
Vodafone Idea share zooms 23%, hits 52-week high; here’s why
Vi is facing capital constraints, but is in a much better position than telcos that went defunct in the not-so-distant past, says ICICI Securities
Airtel, Vodafone Idea shares fall after Reliance launches 'JioBharat' phone at ₹999
This disruptive move can halt incremental tariff increases for 2G and help Reliance Jio gain share in that segment, say analysts.
Vi stock tanks 4% after Vodafone Group says telco needs liquidity support
Shares of Vodafone Idea plunged 4% to ₹7 apiece on the NSE.
Vodafone Idea shares jump 10% as Kumar Mangalam Birla returns to board
KM Birla has returned to the board of Vi as an additional director (non-executive and non-independent) with effect from April 20, 2023.
Tariff rejig to drive postpaid share to 12% in FY24
The telecom sector's postpaid ARPU is estimated to have declined to around ₹245 in FY23 from around ₹275 in fiscal FY21.
Vodafone Idea allots ₹1,200 cr debentures to ATC Telecom Infra; stock up 2%
Vi has issued 1,200 debentures of the face value of ₹10 lakh each to ATC Telecom Infrastructure, while the balance 400 securities will be allotted later.
