Vodafone, Indus Towers
Vodafone Idea, Indus Towers shares jump up to 5% around market closing time. Here's why
Vodafone PLC will sell its remaining 3% stake in Indus Towers to repay Vodafone Idea's debt. The proceeds may also be used to invest in Vi's new equity issue. This news boosted shares of both Vodafone Idea and Indus Towers.
Vodafone to sell 3 pc stake in Indus Towers for ₹2,841 cr to clear debt, part payment of Vi dues
New Delhi, Dec 4 (PTI) British telecom company Vodafone will sell 3 per cent stake in Indus Towers to clear its debt of USD 101 or about ₹ 856 crore and use the residual amount to pay outstanding dues of its Indian venture Vodafone Idea.
The shares of Voda Idea will be in focus after Vodafone Plc announced plans to offload shares worth Rs 2,700 crore in a block trade on December 5.
Vodafone Idea has announced plans to raise Rs 2,000 crore through the issuance of equity shares or convertible securities on ...
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PG Electroplast launched a qualified institutional placement to raise up to Rs 1,500 crore. The indicative issue price is at ...
British telecom company Vodafone will sell 3 per cent stake in Indus Towers to clear its debt of $101 million or about Rs 856 ...
Vodafone Idea’s revenue market share dropped to an all-time low of 14.5 percent in the second quarter, losing ground across all 22 telecom circles, Jefferies has said, analysing TRAI data. The ...
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With the new AI system, Vi says it will continuously analyse incoming SMS to identify potential threats, including fraudulent ...
GIFT Nifty was trading up 23.5 points or 0.10% at 24,522 indicating a negative start for domestic indices. Here are the top ...
JM said for Vodafone Idea to turn around into a sustainable telco, it might need multiple significant tariff hikes that can ...
Vodafone Idea has launched new AI-powered spam detection tech which marks messages as 'Suspected Spam' to alert users.
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