SC rejects telcos' pleas on AGR dues; Vi shares plunge 20%
Following the Supreme Court’s dismissal, Vodafone-Idea shares plummeted nearly 20% to a 52-week low of ₹10.36 from ₹12.90.
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Vi narrows losses by 18% amid modest subscriber growth
This was driven by a modest 3% year-on-year growth in its 4G subscriber base, which increased to 12.67 crore last quarter from 12.29 crore in Q1 FY24.
Vi gets shareholders' nod for ₹2,458 cr preferential issue to Nokia, Ericsson
Vodafone Idea informed about the shareholders’ nod to issue preferential shares to Nokia & Ericsson worth ₹2,458 cr & conversion of ₹160 cr worth optionally converted debentures issued to ATC Telecom.
EPC Deals Drive Vindhya Tele Profits
The company goes big on water supply and irrigation turnkey projects to rise 208 ranks in The Next 500 list.
Vodafone to trim 11,000 jobs; forecasts 'no growth' in new financial year
According to Valle, a significant investment has been reallocated in FY24 towards customer experience and brand.
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.
Will government rescue Vodafone Idea turning as its largest shareholder?
Shares of the company jumped more than 13% in the intraday trade on Wednesday expecting a positive response from the government.
Will delay in Govt equity affect Voda's 5G plans?
Vodafone Idea wants to complete ₹20,000 crore fundraising from the lenders and new investors before 5G auctions begin in July.
Airtel to purchase 4.7% of Vodafone’s stake in Indus Towers
The deal comes with a stipulation that the proceeds shall be used to induce fresh equity in Vodafone Idea and simultaneously remitted to Indus Towers.
Can Vodafone Idea die to live?
The government has to choose either a collapse or a possible bailout by BSNL. Either of the outcomes is good for Jio and Airtel.
