Vodafone Idea Ltd News

FSIB recommends Rama Mohan Rao Amara for Managing Director of SBI

He will fill the vacancy created due to elevation of C S Setty as chairman of the country's largest lender

CARE upgrades outlook on Vodafone Idea to positive; reaffirms ratings

The ratings, however, remains underpinned by VIL's deteriorated financial risk profile, wherein, the tangible net-worth has eroded

DoT to approve Vodafone Idea's third quarter payment plan soon: Report

Vi had earlier submitted a payment plan as it has paid only 10 per cent of the dues for the period

Vodafone Idea to give 5G roll-out a push after securing funds: CEO Moondra

The telco currently owes Rs 41,300 cr in license fees and spectrum usage charges to govt

Aditya Birla Group looking to raise funds for Vi at promoter level: Report

The group is reportedly looking to raise long-term debt for ailing telco Vodafone Idea (Vi) and use preferential share allotment as the route

Vodafone Idea Q3 results: Net loss widens 10.5% to Rs 7,990 crore

The company lost 5.8 million subscribers sequentially and its user base stood at 228.6 million at the end of the second quarter

Top headlines: Adani hires Grant Thornton, Jio aims 100% 5G coverage

Business Standard brings you the top headlines at this hour

Vodafone Idea may get 60 days to raise funds before govt asks for Q3 dues

The company has paid about 10% of the charges and fees it owes govt for the October-December quarter

Vodafone Idea in talks with banks to refinance Rs 3-4k crore loans

This is expected to free up some cash for Vodafone Idea which needs to pay urgently to Indus Towers, Nokia and Ericsson

Centre now largest Vodafone Idea shareholder as firm gives it 33.4% stake

Operational and management control of the company will remain with existing promoters

Technical chart: Is this the right time to buy Vodafone Idea shares?

Back in 2012, when the stock climbed over the same average, the stock price doubled in three years. The 50-MMA has become a decisive indicator for the shares of Vodafone Idea.

Vodafone Idea, Indus Towers shares skyrocket on govt's stake move

Stake issuance coupled with potential capital infusion by promoters should help Vi clear pending dues and invest in 5G; Indus Towers' receivables set to reduce

Vodafone Idea plans to get back in the game but fundraising a challenge

The estimate for what it needs to tackle now is Rs 40,000 crore

Government to convert Vodafone Idea's dues into equity; stock zooms 24%

Shares of Indus Towers, too, surged 15 per cent to Rs 164.80 on the BSE

Equity delay left Vodafone Idea with fewer users and higher debt

16-mnth hold-up: User base down by a tenth, Ebitda margins squeezed, losses pile up

Govt gets 33% stake in Vodafone Idea, promoters to invest as well

Centre clears Rs 16,133-crore dues conversion into equity

Vi to issue debentures worth Rs 1,600 cr to ATC after condition waiver

OCDs to be converted into equity for preferential allotment to ATC, will carry 11.2% coupon rate and have a tenure of 18 months

Vodafone Idea approves debentures worth Rs 1,600 crore to ATC Telecom Infra

The fresh approval was necessitated as the nod granted by the shareholders had lapsed

Adani Green, Adani Ports and 31 other BSE500 stocks hit 52-week lows

Shares of Indus Tower, Vodafone Idea, Aurobindo Pharma, TV18 Broadcast, Voltas and Whirlpool of India were among total 33 stocks from the S&P BSE 500 index that hit their respective 52-week lows

Vi targeting tier 3 cities to protect rural customer base: Report

Vi is losing customers every month and it has been unable to raise funds