Tue, Dec 17, 2024
Leading telecom operator Vodafone Idea (Vi) on Tuesday outlined its strategy to consolidate its position in the Kolkata and Rest of Bengal (RoB) circles by enhancing its 4G network footprint, focusing on digitalisation, and expanding its retail presence.
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Tue, Dec 10, 2024
Vodafone Idea shares rose by 2% after the company's board approved a Rs 1,980 crore preferential issue. This decision aims to strengthen the company’s financial position. Watch to learn more about Vodafone Idea’s latest move and its impact on the stock.
Mon, Dec 09, 2024
Private sector telecom operator Vodafone Idea's board on Monday cleared a proposal to raise Rs 1,980 crore through preferential shares.
Thu, May 02, 2024
Without naming Vodafone Idea (VIL), Indus Towers in its financial report said it has "doubtful receivables of Rs 5,385.3 crore, comprising all overdue from the debt-ridden telecom firm as of March 31, 2024".
Fri, Apr 26, 2024
Citigroup Global Markets Mauritius acquired more than 49.12 crore shares, amounting to a 0.98 per cent stake in VIL. The shares were bought at an average price of Rs 12.70, taking the deal value to Rs 623.88 crore.
Thu, Apr 25, 2024
Technical problem in Voda-Idea shares, #traders faced difficulty in placing buy orders in pre-open, buy orders above the cut off price were not completed: Dealers, orders canceled even before completion, exchange on ZeeBusiness's mail. no answer to
Wed, Apr 24, 2024
Bharti Airtel currently holds a 47.95 per cent stake in Indus Towers. Airtel wants to acquire Indus Towers stake at a valuation of Rs 210 to 212 per share.
Tue, Apr 23, 2024
Vodafone Idea can join MSCI? Company may be included in MSCI India Review of August'24, see complete details in this video
The prospectus has been filed with the Registrar of Companies, Gujarat at Ahmedabad, and submitted to the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, it added.
CLSA wrote that Indus Towers should be the key beneficiary of Vodafone Idea's Rs 18,000 crore FPO. Indus Towers is India’s leading provider passive telecom infrastructure and it deploys, owns and manages telecom towers and communication structures.
Mon, Apr 22, 2024
The Vodafone Idea follow on public offer (FPO) is subscribed by 6.99 times as of 5:27 pm on April 22. It has been subscribed by 1.01 times in the retail category, 19.31 times in the QIB category, and 4.54 times in the NII category. The stock of the telecom giant that slipped to the day's low of Rs 12.23 on Monday morning recovered to end the session at Rs 12.89.
Thu, Apr 18, 2024
CEO of Vodafone Idea, Akshay Mundra said - There has been a significant reduction in the bank loan on the company... The loan will be repaid with the increase in cash from operations... Watch the discussion with the management on Vodafone Idea's FPO, which opens from today, with Anil Singhvi.
Wed, Apr 17, 2024
Vodafone Idea raised Rs 5,400 crore from 74 anchor investors including GQG Partners, Fidelity, and Motilal Oswal. This comes ahead of India's largest follow-on public offering (FPO) by Vodafone Idea, aiming to raise Rs 18,000 crore. Funds will be used for network expansion (4G and 5G) and spectrum payment deferral.
Vodafone Idea FPO: Vodafone Idea said its Capital Raising Committee has approved the allocation of 490.9 crore equity shares of the company to the anchor investors.
Mon, Apr 15, 2024
The 5G rollout will cover 40 per cent of the company's overall revenue base in the next 24-30 months, Moondra said, without sharing a specific target on when the rollout will happen.
Fri, Apr 12, 2024
Vodafone Idea FPO: Vodafone Idea share price NSE BSE: Vodafone Idea plans to use the funds to expand its 4G network, set up 5G networks, and pay taxes and dues.
The fundraise, which comes close on the heels of a Rs 2,075 crore fund infusion by Aditya Birla Group via a preferential share issue earlier this month, would give the ailing telco the firepower to improve its positioning in the Indian telecom market, where it currently trails larger rivals such as Reliance Jio and Bharti Airtel by a wide margin.
Vodafone Idea share price, Vodafone Idea FPO: The board will meet today to consider the price band and discount for the FPO, and the roadshow for the FPO will begin on April 15.
Mon, Apr 08, 2024
Informing about decisions taken in its Board of Directors meeting on April 6, Vodafone Idea said- issuance of up to 1,395,427,034 Equity Shares of face value of Rs. 10/- each at an issue price of Rs. 14.87 per equity share (including a premium of Rs. 4.87 per equity share), aggregating to Rs. 2,075 crores to Oriana Investments Pte. Ltd (Aditya Birla Group entity forming part of the promoter group), on a preferential basis in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (‘ICDR Regulations’). The relevant date, in terms of provision of ICDR Regulations for determining the floor price of the Preferential Issue, is April 8, 2024.
Thu, Apr 04, 2024
Vodafone Idea plans to raise ₹2075 crore... Meeting on April 6 on raising funds from promoters... What is positive, what is negative in tomorrow's board meeting? Which fear regarding Vodafone Idea is over? When and how is re-rating of Vodafone Idea possible? What to do now in Vodafone Idea? Vodafone Idea investors must watch this video of Anil Singhvi
Wed, Apr 03, 2024
The fund raised of Rs 20,000 crore is expected to to allow Vodafone Idea to expand its 4G network as well as rolling out 5G services. The fund raise is part of the company's programme of raising Rs 45,000 crore funds.
Wed, Mar 13, 2024
Vodafone received a "soft commitment" from investors, which also includes funds committed from promoters as well, as per reports on Tuesday. The telecom company wants to use the funds to pay vendors and meeting 4G and 5G capital expenditures.
Tue, Mar 12, 2024
Vodafone Idea's promoters include Aditya Birla Group and Vodafone Group, which hold 18.1 per cent and 32.3 per cent stakes, respectively.
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