Vodafone Idea Shares Jump Nearly 14 Percent after Arbitration Win, Market Valuation Zooms Rs 3,563.86 Crore
4 years, 2 months ago

Vodafone Idea Shares Jump Nearly 14 Percent after Arbitration Win, Market Valuation Zooms Rs 3,563.86 Crore

News 18  

Shares of Vodafone Idea Ltd zoomed nearly 14 per cent on Friday after Vodafone won the arbitration case against India over Rs 20,000 crore retrospective tax dispute. The company's market valuation rose by Rs 3,563.86 crore to Rs 29,769.86 crore on the BSE. Vodafone has won the arbitration against the Indian government over a demand for Rs 22,100 crore in taxes using retrospective legislation. An international arbitration tribunal ruled that India's demand in past taxes were in breach of fair treatment under a bilateral investment protection pact.

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History of this topic

Vodafone Idea share price climbs over 2%; here’s why
2 weeks ago

Vodafone Idea share price climbs over 2%; here’s why

Live Mint  

Vodafone Idea share price climbed over 2 per cent in early trade on Tuesday, December 10, a day after the company announced its board of directors had approved the issuance of up to 175.53 crore shares on a preferential basis to two Vodafone Group entities to raise up to ₹1,980 crore. Vodafone Idea share price opened at ₹8.25 against its …

Vodafone Idea board to meet today and decide on ₹2,000 crore fundraise
Trending News
2 weeks, 1 day ago

Vodafone Idea board to meet today and decide on ₹2,000 crore fundraise

Hindustan Times  

Vodafone Idea’s board will reportedly meet on Monday, December 9, 2024 to consider raising up to ₹2,000 crore through equity shares or convertible securities on a preferential basis to clear its debts with Indus Towers. Vodafone Idea said it will use the remaining proceeds towards a new issue of equity shares after the board decides the terms of capital Paying …

Vodafone Idea to consider raising funds worth ₹2,000-crore on Dec 9 via preferential issue to promoter group
2 weeks, 5 days ago

Vodafone Idea to consider raising funds worth ₹2,000-crore on Dec 9 via preferential issue to promoter group

Live Mint  

Vodafone Idea announced on Thursday, December 5, that its board will consider a proposal to raise ₹2,000 crore via preferential equity issuance belonging to Vodafone Group, one of its promoters. “A meeting of the Board of Directors of the company is scheduled to be held on Monday, 9 December 2024, inter-alia, to consider a proposal for raising of funds not …

Vodafone Idea share price gains 4.5%: To consider raising funds on 9 December
2 weeks, 5 days ago

Vodafone Idea share price gains 4.5%: To consider raising funds on 9 December

Live Mint  

Stock Market Today: Vodafone Idea share price saw sharp gains of 4.5% in the morning trades on Thursday. The board meeting is scheduled for 9 December to consider raising funds The Vodafone Idea share price opened at ₹8.79 on the BSE on Thursday, 4.5% higher than the previous close of ₹8.41 on Wednesday. Vodafone Group Plc announces that it has …

Vodafone UK to sell remaining 3% stake in Indus Towers via book build offering for repaying debt
2 weeks, 6 days ago

Vodafone UK to sell remaining 3% stake in Indus Towers via book build offering for repaying debt

Live Mint  

Vodafone Group Plc will sell its remaining 3% stake in telecom infrastructure developer Indus Towers. The UK firm said on Wednesday that its remaining 79.2 million shares in Indus Towers will be sold through an accelerated book build offering. Pledge released “As per the terms of the security package provided by Vodafone promoters to secure the payment obligation of Vodafone …

Voda Idea's revenue market share at all-time low in Q2FY25
3 weeks ago

Voda Idea's revenue market share at all-time low in Q2FY25

Live Mint  

NEW DELHI : Vodafone Idea Ltd’s revenue market share declined to an all-time low of 14.5% for the quarter ended 30 September 2024, as it lost share in all circles despite having reported revenue growth for consistent quarters. Vodafone Idea's investments in networks may be able to arrest the rapid decline in the market share in the coming quarters, but …

Vodafone Idea Share Price Today on 27-11-2024: Vodafone Idea share price are up by 2.79%, Nifty up by 0.05%
3 weeks, 6 days ago

Vodafone Idea Share Price Today on 27-11-2024: Vodafone Idea share price are up by 2.79%, Nifty up by 0.05%

Live Mint  

Vodafone Idea Share Price Today on 27-11-2024: At 27 Nov 11:20 today, Vodafone Idea shares are trading at price ₹7.74, 2.79% up from the previous closing price. The stock will have support at 5,10,20 days SMA & face resistance at 50,100,300 days SMA The SMA values for the stock are given below : Days Simple Moving Average 5 7.06 10 …

Vodafone Idea Share Price Today on 26-11-2024: Vodafone Idea share price are up by 13.47%, Nifty down by -0.09%
4 weeks ago

Vodafone Idea Share Price Today on 26-11-2024: Vodafone Idea share price are up by 13.47%, Nifty down by -0.09%

Live Mint  

Vodafone Idea Share Price Today on 26-11-2024: At 26 Nov 11:04 today, Vodafone Idea shares are trading at price ₹7.92, 13.47% up from the previous closing price. The stock will have support at 5,10,20 days SMA & face resistance at 50,100,300 days SMA The SMA values for the stock are given below : Days Simple Moving Average 5 7.06 10 …

Explained: Why Vodafone Idea shares jumped 18% today
4 weeks ago

Explained: Why Vodafone Idea shares jumped 18% today

India Today  

Shares of Vodafone Idea saw a huge jump on Tuesday in early trade as its stock jumped 18.08% on the BSE, reaching Rs 8.23, following a positive update from the Union Cabinet. Vodafone Idea currently has outstanding BG requirements totalling Rs 24,700 crore. While Vodafone Idea had sought a BG waiver, citing financial constraints, the relief announced by the government …

Vodafone Idea Share Price Today on 25-11-2024: Vodafone Idea share price are up by 1.65%, Nifty up by 1.82%
4 weeks, 1 day ago

Vodafone Idea Share Price Today on 25-11-2024: Vodafone Idea share price are up by 1.65%, Nifty up by 1.82%

Live Mint  

Vodafone Idea Share Price Today on 25-11-2024: At 25 Nov 11:24 today, Vodafone Idea shares are trading at price ₹6.78, 1.65% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Vodafone Idea Share Price Today on 22-11-2024: Vodafone Idea share price are down by -2.75%, Nifty up by 0.71%
1 month ago

Vodafone Idea Share Price Today on 22-11-2024: Vodafone Idea share price are down by -2.75%, Nifty up by 0.71%

Live Mint  

Vodafone Idea Share Price Today on 22-11-2024: At 22 Nov 11:47 today, Vodafone Idea shares are trading at price ₹6.73, -2.75% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

91% upside potential! Nomura is bullish on telecom stock Vodafone Idea post Q2 results, retains ’buy’ call
1 month, 1 week ago

91% upside potential! Nomura is bullish on telecom stock Vodafone Idea post Q2 results, retains ’buy’ call

Live Mint  

Following better-than-expected September quarter results, global brokerage firm Nomura India has reaffirmed its 'Buy' rating on Vodafone Idea, setting a target price of ₹14. Q2 Earnings Performance Vodafone Idea's financials for the September quarter showed a narrowing of losses to ₹7,175 crore from ₹8,746 crore in the same period the previous year. Investment Rationale and Strategic Outlook Nomura India outlined …

Vodafone Idea Q2 net loss narrows to ₹7,175 crore, Arpu rises to ₹156
1 month, 1 week ago

Vodafone Idea Q2 net loss narrows to ₹7,175 crore, Arpu rises to ₹156

Live Mint  

Vodafone Idea Ltd’s losses narrowed to ₹7,175 crore in the September quarter, down from ₹8,746 crore a year earlier, as revenues edged up to ₹10,932 crore from ₹10,716 crore. Funding and capex plans Backed by the Aditya Birla Group, Vodafone Idea is currently in discussions with lenders to secure ₹35,000 crore in debt funding to fuel its network expansion. Earlier …

Vodafone Idea Share Price Today on 13-11-2024: Vodafone Idea share price are down by -3.91%, Nifty down by -1.36%
1 month, 1 week ago

Vodafone Idea Share Price Today on 13-11-2024: Vodafone Idea share price are down by -3.91%, Nifty down by -1.36%

Live Mint  

Vodafone Idea Share Price Today on 13-11-2024: At 13 Nov 16:01 today, Vodafone Idea shares are trading at price ₹7.37, -3.91% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Vodafone Idea Share Price Today on 12-11-2024: Vodafone Idea share price are down by -2.04%, Nifty down by -1.07%
1 month, 1 week ago

Vodafone Idea Share Price Today on 12-11-2024: Vodafone Idea share price are down by -2.04%, Nifty down by -1.07%

Live Mint  

Vodafone Idea Share Price Today on 12-11-2024: At 12 Nov 16:00 today, Vodafone Idea shares are trading at price ₹7.67, -2.04% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Vodafone Idea Share Price Today on 11-11-2024: Vodafone Idea share price are down by -0.63%, Nifty down by -0.03%
1 month, 1 week ago

Vodafone Idea Share Price Today on 11-11-2024: Vodafone Idea share price are down by -0.63%, Nifty down by -0.03%

Live Mint  

Vodafone Idea Share Price Today on 11-11-2024: At 11 Nov 16:01 today, Vodafone Idea shares are trading at price ₹7.83, -0.63% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Vodafone Idea Share Price Today on 05-11-2024: Vodafone Idea share price are up by 3.17%, Nifty up by 0.91%
1 month, 2 weeks ago

Vodafone Idea Share Price Today on 05-11-2024: Vodafone Idea share price are up by 3.17%, Nifty up by 0.91%

Live Mint  

Vodafone Idea Share Price Today on 05-11-2024: At 05 Nov 16:00 today, Vodafone Idea shares are trading at price ₹8.14, 3.17% up from the previous closing price. The stock will have support at 5,10 days SMA & face resistance at 20,50,100,300 days SMA The SMA values for the stock are given below : Days Simple Moving Average 5 8.09 10 …

Vodafone Idea Share Price Today: Up 5.85%, Nifty Down by -0.3%
1 month, 3 weeks ago

Vodafone Idea Share Price Today: Up 5.85%, Nifty Down by -0.3%

Live Mint  

Vodafone Idea share price has seen a significant increase today, with the stock price up by 5.85%. The stock has also seen a slight decline in the Nifty, down by -0.3%. The price of Vodafone Idea is currently trading at ₹8.14, with a high of ₹8.17 and a low of ₹7.72. The stock has also seen support at 5 days …

Vodafone Idea Share Price Today: A Downward Trend with Technical Indicators
1 month, 3 weeks ago

Vodafone Idea Share Price Today: A Downward Trend with Technical Indicators

Live Mint  

Vodafone Idea share price has seen a slight increase today, trading at ₹7.99. The stock has gained 0.38% from the previous closing price. However, it has lost -0.16% on the Nifty index. The stock has reached a high of ₹8.04 and a low of ₹7.82 during the day. The technical analysis suggests a downtrend, with key resistance at ₹8.27, ₹8.59, …

Vodafone Idea's stock plummets 14 per cent after Goldman Sachs' bleak forecast
3 months, 2 weeks ago

Vodafone Idea's stock plummets 14 per cent after Goldman Sachs' bleak forecast

New Indian Express  

NEW DELHI: Vodafone Idea's share price plummeted by as much as 14 per cent on Friday after Goldman Sachs predicted a potential downside of over 80 per cent from the stock's last closing level. The global brokerage firm set a target price of Rs 2.5 per share, triggering a sell-off in the telecom service provider's stock. According to Goldman Sachs, …

Vodafone Idea shares jump 7.5% on global broking firm UBS upgrade
7 months ago

Vodafone Idea shares jump 7.5% on global broking firm UBS upgrade

Business Standard  

A 'likely' relief on the government dues front for Vodafone Idea and expectations of telecom tariff hikes could drive the share prices up by 70-80 per cent, global broking firm UBS said in a report. "Assuming AGR dues are completely waived off, our DCF value could increase to Rs 24 per share, versus Rs 12 when there is no waiver. …

Vodafone Idea stock jumps 9%, UBS says ‘buy’ stock as 70-80% upside likely
7 months ago

Vodafone Idea stock jumps 9%, UBS says ‘buy’ stock as 70-80% upside likely

Hindustan Times  

Vodafone Idea share price: Shares of Vodafone Idea rose almost 10 per cent today after UBS upgraded the stock to a 'Buy' rating from ‘Neutral’. The international brokerage also revised target price of the stock to ₹18 from ₹13.10 earlier and said that there is a scope of a 70-80 percent rally as relief in the form of AGR reduction …

Vodafone Idea share price jumps 10% as focus shifts on FPO allotment, listing date
8 months ago

Vodafone Idea share price jumps 10% as focus shifts on FPO allotment, listing date

Live Mint  

Vodafone Idea share price: After the end of bidding for the Vodafone Idea FPO on Monday, Vodafone Idea share price today witnessed strong buying that lifted the telecom stock to the tune of 10 percent during Tuesday deals. We believe that the company’s focus on 5G rollout, upgradation of 2G sites to 4G sites, and the recent promoter fund infusion …

Vodafone Idea Rs 18,000-crore FPO Anchor Book Opens Today, Stock Falls 4%
8 months, 1 week ago

Vodafone Idea Rs 18,000-crore FPO Anchor Book Opens Today, Stock Falls 4%

News 18  

Shares of Vodafone Idea dropped as much as 3.95 per cent to hit an intraday low of Rs 12.64 per share. Vodafone Idea’s FPO will open for subscription on April 18 and close on April 22, 2024 with the price band of the issue fixed at Rs 10-11 per share. Foreign institutional investors such as Rajiv Jain-led GQG Partners, Fidelity, …

Vodafone Idea to raise ₹2075 crore from Aditya Birla Group, gets board nod
8 months, 2 weeks ago

Vodafone Idea to raise ₹2075 crore from Aditya Birla Group, gets board nod

Hindustan Times  

The board of debt-ridden Vodafone Idea has approved a proposal to raise ₹2075 crore from promoter Aditya Birla Group, the telecom operator informed in a regulatory filing on Saturday. Vodafone Idea board has approved issuance of up to 1,395,427,034 equity shares to Oriana Investments, an entity of the Aditya Birla Group “The Vodafone Idea board has approved issuance of up …

Voda Idea gets board nod to raise Rs 2,075 cr from Aditya Birla group
8 months, 2 weeks ago

Voda Idea gets board nod to raise Rs 2,075 cr from Aditya Birla group

India TV News  

Debt-ridden telecom firm Vodafone Idea on Saturday said its board has approved raising Rs 2,075 crore from promoter Aditya Birla group and increasing its authorised share capital to Rs 1 lakh crore. The Vodafone Idea board has approved "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 …

Govt will look at right opportunity to pare its stake in Vi: Telecom dept secy
9 months, 3 weeks ago

Govt will look at right opportunity to pare its stake in Vi: Telecom dept secy

Live Mint  

Barcelona: The government will look at the right opportunity to pare its stake in Vodafone Idea, Neeraj Mittal, secretary in the department of telecommunications, said as he welcomed the approval given by the cash-strapped carrier's board to a fund-raise proposal. Mittal said the department of telecom was likely to bring out the first set of rules and regulations under the …

Vodafone Idea plans to raise ₹45,000 crore to match rivals Jio and Airtel
9 months, 3 weeks ago

Vodafone Idea plans to raise ₹45,000 crore to match rivals Jio and Airtel

Hindustan Times  

Struggling telecom firm Vodafone Idea on Tuesday said its board has approved raising up to ₹20,000 crore in equity from promoters and other investors by June as it looks to shore up finances for much delayed 5G roll out and strengthening 4G services. The debt-laden firm, where the government also holds just over 33 per cent equity stake, plans to …

Vodafone Idea to contest ₹10.76 crore penalty order under CGST Act
11 months, 2 weeks ago

Vodafone Idea to contest ₹10.76 crore penalty order under CGST Act

Live Mint  

Vodafone Idea Limited on 4 January announced that it will take appropriate legal action for rectification and reversal of an order it received under the Central Goods and Services Tax Act, 2017, entailing a penalty of ₹10.76 crore. "The company does not agree with the order and will take appropriate action for rectification/ reversal of the same," Vodafone Idea said …

Vodafone Idea clears air on talks with Elon Musk's Starlink
11 months, 3 weeks ago

Vodafone Idea clears air on talks with Elon Musk's Starlink

Hindustan Times  

Vodafone Idea on Tuesday said it is not in talks to tie up with Elon Musk's satellite internet firm Starlink, Reuters reported. Vodafone Idea on Tuesday said it is not in talks to tie up with Elon Musk's satellite internet firm Starlink The telecom firm's clarification comes after the shares had surged in the past two sessions, this after business …

Vodafone Idea Stocks Soar 23% Amidst Buzz Of Equity Infusion
11 months, 3 weeks ago

Vodafone Idea Stocks Soar 23% Amidst Buzz Of Equity Infusion

News 18  

Vodafone Idea Share News Update: On the final trading day of the year, Vodafone Idea shares hit a new 52-week peak, surging nearly 23% on December 29. Over the last six months, Vodafone Idea shares have more than doubled investors’ wealth, marking a substantial gain of 116.78 percent. On December 29, the trading volume for Vodafone Idea was notably elevated …

Vodafone Idea shares jump 17% to 52-week high
11 months, 3 weeks ago

Vodafone Idea shares jump 17% to 52-week high

Live Mint  

Vodafone Idea share price jumped over 17% to 52-week high on Friday amid high volumes traded on stock exchanges. Vodafone Idea shares surged as much as 17.37% to a fresh high of ₹15.54 apiece on the BSE. The traded volumes of Vodafone Idea shares on December 29 was 84 crore. Vodafone Idea shares have jumped 30% in the past three …

Bombay HC orders tax refund of ₹1,128 crore to Vodafone Idea
1 year, 1 month ago

Bombay HC orders tax refund of ₹1,128 crore to Vodafone Idea

Live Mint  

The Bombay High Court has directed the Income Tax department to refund ₹1,128 crore to Vodafone Idea paid by the telecom operator in taxes for the assessment year 2016-2017. In its judgement passed on Wednesday, the Bombay HC ruled that the assessment order passed by the department in August this year against the beleaguered telecom operator was “time barred and …

Vodafone Idea Removes 25,000 Retail Partners In India To Cut Costs: Report
1 year, 6 months ago

Vodafone Idea Removes 25,000 Retail Partners In India To Cut Costs: Report

News 18  

Cash-strapped Vodafone Idea has removed about 25,000 or about 5-7 per cent of its retail partners in India to cut costs, according to an ET report. It said Vodafone Idea has purged the partners from the multi-brand retailer segment and the company has also stopped paying commissions. In the quarter ended on March 31, 2023, Vodafone Idea’s consolidated loss narrowed …

Vodafone Idea In Talks With Lenders For Refinancing Rs 40,000 Crore Loans: Report
1 year, 10 months ago

Vodafone Idea In Talks With Lenders For Refinancing Rs 40,000 Crore Loans: Report

News 18  

Vodafone Idea has started discussions with major banks, including State Bank of India, Punjab National Bank and HDFC Bank, to refinance Rs 30,000-40,000 crore loans, according to an ET report quoting bankers familiar with the matter. It added that refinancing of some debt will help free up cash for Vodafone Idea, which needs to pay substantial vendor dues – to …

Govt to become largest shareholder in Vi post conversion of AGR dues to equities
1 year, 10 months ago

Govt to become largest shareholder in Vi post conversion of AGR dues to equities

Live Mint  

The government has passed an order to convert adjusted gross revenue dues of telecom services provider, Vodafone Idea into equities for nearly ₹16,133.2 crore. Joshi added, "Classifying the proposed stake by the government as public shareholding, the regulator in its then order, had stated that the acquisition by the government is proposed with the sole intent of saving the larger …

After Birlas commit to invest, Centre agrees to take equity in Vodafone Idea
1 year, 10 months ago

After Birlas commit to invest, Centre agrees to take equity in Vodafone Idea

Live Mint  

The Union government on Friday directed Vodafone Idea Ltd to issue equity shares against interest on deferred adjusted gross revenue and spectrum dues totalling ₹16,133 crore that India’s No.3 telco owes it. 3 February, 2023 under section 62 of the Companies Act, 2013, directing the company to convert the NPV of the interest related to deferment of spectrum auction instalments …

Govt clears converting Rs 16,133 crore interest dues of Vodafone Idea into equity
1 year, 10 months ago

Govt clears converting Rs 16,133 crore interest dues of Vodafone Idea into equity

Deccan Chronicle  

NEW DELHI: The government cleared conversion of Rs 16,133 crore interest dues of debt-ridden Vodafone Idea into equity after receiving a firm commitment from Aditya Birla Group to run the company and bring necessary investment, telecom minister Ashwini Vaishnaw said on Friday. Throwing a lifeline to the troubled telco, the government has approved conversion of over Rs 16,133 crore interest …

Centre Clears Converting Vodafone Idea's Rs 16,133-Cr Dues into Equity
1 year, 10 months ago

Centre Clears Converting Vodafone Idea's Rs 16,133-Cr Dues into Equity

News 18  

The government has approved the conversion of over Rs 16,133 crore interest dues of debt-ridden Vodafone Idea into equity, the company said in a regulatory filing on Friday. “Ministry of Communications…passed an order today ie 3 February, 2023…directing the Company to convert the NPV of the interest related to deferment of spectrum auction instalments and AGR Dues into equity shares …

Vodafone Idea | Centre approves conversion of ₹16,133 crore interest dues into equity
1 year, 10 months ago

Vodafone Idea | Centre approves conversion of ₹16,133 crore interest dues into equity

The Hindu  

The government has approved conversion of over ₹16,133 crore interest dues of debt-ridden Vodafone Idea into equity, the company said in a regulatory filing on Friday. passed an order today ie 3 February, 2023. directing the Company to convert the NPV of the interest related to deferment of spectrum auction instalments and AGR Dues into equity shares to be issued …

Data | Vodafone out of ideas: With Airtel and Jio going strong, duopoly concerns emerge in telecom sector
1 year, 11 months ago

Data | Vodafone out of ideas: With Airtel and Jio going strong, duopoly concerns emerge in telecom sector

The Hindu  

The fate of India’s third-largest telecom, Vodafone-Idea, is hanging in the balance. Click to subscribe to our Data newsletter Apart from losing subscribers, Vodafone-Idea’s average revenue per user per month has also failed to keep pace with that of its rivals. Chart 3 shows the average revenue earned per user per month by private service providers in wireless services. The …

Vodafone Idea Approaches Banks For Rs 7,000-Crore Loans, Says Report; Shares Down 1.14%
1 year, 11 months ago

Vodafone Idea Approaches Banks For Rs 7,000-Crore Loans, Says Report; Shares Down 1.14%

News 18  

Vodafone Idea has approached lenders including SBI, PNB, HDFC Bank and IDFC First for loans aggregating upward of Rs 7,000 crore, according to an Economic Times report quoting three people aware of the matter. Shares of Vodafone Idea on Friday were trading lower by Rs 0.10 or 1.14 per cent at Rs 7.78 apiece on the BSE during the day. …

Vodafone Idea Shares Dip as Loss Widens on Higher Expenses; Should Investors Do Now?
2 years, 1 month ago

Vodafone Idea Shares Dip as Loss Widens on Higher Expenses; Should Investors Do Now?

News 18  

Vodafone Idea Share Price: Vodafone Idea shares were trading at Rs 8.40 on the NSE and were down nearly 2 per cent on Friday after the company’s September quarter results failed to impress the street. The company reported a net loss of Rs 7,595.50 crore for July-September which was up 4 per cent sequentially. Operating profit in the quarter declined …

Govt set to become largest shareholder in Vodafone Idea: Report
2 years, 6 months ago

Govt set to become largest shareholder in Vodafone Idea: Report

Live Mint  

The Central government is reportedly going to become the biggest shareholder of debt-ridden Vodafone Idea Limited, according to CNBT-TV18. Yesterday, Vodafone Idea said that the company has sought shareholders' nod to raise ₹436 crore from its promoter group Vodafone in an extraordinary general meeting. Earlier, Livemint reported that the government would hire a transaction adviser to help manage the conversion …

VIL board to mull raising up to ₹500-cr. from Vodafone Group
2 years, 6 months ago

VIL board to mull raising up to ₹500-cr. from Vodafone Group

The Hindu  

Debt-ridden Vodafone Idea's board is scheduled to meet on June 22 to consider a proposal for raising funds to the tune of ₹500 crore from Vodafone Group. A meeting of the Board of Directors of the company is scheduled to be held on Wednesday, 22nd June 2022. to consider proposal for raising of funds aggregating up to ₹500 crore, by …

Vodafone Idea share price rises as Amazon pledges whopping investment - Details
2 years, 6 months ago

Vodafone Idea share price rises as Amazon pledges whopping investment - Details

India TV News  

Vodafone Idea reportedly witnessed a hike in the share prices after Amazon, the e-commerce giant set to invest in the company by up to Rs 20,000 crore, with the struggling telecom operator with a huge network in the country. However, the telecom company has witnessed a persistent loss of subscribers which did affect the company even as the telecom sector …

Vodafone Idea share price today drops: Here is why
2 years, 9 months ago

Vodafone Idea share price today drops: Here is why

India Today  

Vodafone Idea Ltd share price fell by over four per cent in early morning trade on Friday. Vodafone Idea's share price tanked 4.42 per cent to Rs 10.59 on the Sensex and 4.50 per cent to Rs 10.60 on the NSE Nifty 50, according to data on BSE India and NSE websites. Vodafone Idea's share price on sensex can be …

Vodafone Idea Losses Continue in Its Third Quarter of 2021
2 years, 11 months ago

Vodafone Idea Losses Continue in Its Third Quarter of 2021

News 18  

New Delhi, Jan 21: Debt-ridden telecom operator Vodafone Idea on Friday reported widening of its consolidated loss to Rs 7,230.9 crore for the third quarter ended December 2021. Its subscriber base declined to 24.72 crore from 26.98 crore in the same quarter a year ago because of tariff hikes by the company. Despite tariff hikes, average revenue per user during …

The 'pretend nationalisation' of Vodafone India
2 years, 11 months ago

The 'pretend nationalisation' of Vodafone India

The Hindu  

I N what is seen as paradoxical by many, the National Democratic Alliance government which accelerated privatisation, pledging to sell as much of public sector equity as it can and monetise a bunch of public assets, has decided to acquire a stake in private telecom player Vodafone India. At the end of that competitive battle, there were principally three private …

Why is the government stake in Voda Idea puzzling markets?
2 years, 11 months ago

Why is the government stake in Voda Idea puzzling markets?

Business Standard  

The government taking a 35.8% holding in Vodafone Idea has surprised many. Against this backdrop, the government of India is set to become the single largest shareholder in struggling Vodafone Idea after the telco opted to convert interest worth Rs 16,000 crore on deferred spectrum liabilities and Adjusted Gross Revenue dues into equity. It had previously accepted a four year …

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