Page 36 - Vodafone Idea
Vodafone Idea, Britannia: Stocks of MNCs zoom up to 144% in two months
The outperformance of MNCs has seen 19 such stocks grab a spot in the top 100 list of companies by m-cap, compared to 14 firms as on Jan 20, 2020, when the benchmark indices hit their all-time high.
 "Vodafone Idea, Britannia: Stocks of MNCs zoom up to 144% in two months")
Paytm claims telcos not preventing phishing; HC seeks Centre, Trai response
A bench of Chief Justice D N Patel and Justice Prateek Jalan issued notice to the Ministry of Communication, Telecom Regulatory Authority of India and major mobile service providers
 "Paytm claims telcos not preventing phishing; HC seeks Centre, Trai response")
Vodafone Idea soars 20% on heavy volumes, hits 6-month high
The stock has rallied 35 per cent in the past three days.
 "Vodafone Idea soars 20% on heavy volumes, hits 6-month high")
Vodafone Idea stock jumps 35% on report of possible stake sale to Google
Analysts, however, say a 5 per cent sale will not help much given the cash burn and rising debt
 "Vodafone Idea stock jumps 35% on report of possible stake sale to Google")
No proposal before board now, says Voda Idea on Google picking stake in co
The clarification to the BSE by Vodafone Idea comes a day after reports that Alphabet Inc's Google is eyeing about 5% stake in the telecom company.
 "No proposal before board now, says Voda Idea on Google picking stake in co")
Sensex recovers 600 pts from day's low, ends 223 pts up; FMCG, pharma rally
All that happened in the markets today
 "Sensex recovers 600 pts from day's low, ends 223 pts up; FMCG, pharma rally")
Vodafone Idea surges 35% on report Google eyeing 5% stake, trims gain later
The stock has been more-than-doubled from Rs 3.04 on April 1, as compared to a 13.4 per cent rise in the S&P BSE Sensex during the same period.
Google's interest positive but may not help solve Voda Idea's debt woes
Acquisition of a controlling stake by an outsider or a sizable equity infusion by current promoters remains the need of the hour, Credit Suisse said in its latest note
 "Google's interest positive but may not help solve Voda Idea's debt woes")
Market Ahead, May 29: All you need to know before the opening bell
Today, a total of 31 companies including Voltas, Jubilant Life Sciences, and Metropolis Healthcare, are scheduled to announce their March quarter results
 "Market Ahead, May 29: All you need to know before the opening bell")
Google eyes 5% stake in Vodafone Idea, multiple India investments: Report
Analysts say deal will be a lifeline for Vodafone Idea, which has been ordered by SC to pay Rs 53,000 crore AGR dues
 "Google eyes 5% stake in Vodafone Idea, multiple India investments: Report")
Amphan: Telecom network in West Bengal could be back to normal by weekend
A senior government official told Business Standard that nearly 50% of Bharat Sanchar Nigam Ltd's base transceiver stations were damaged by the cyclone and would take a week to be fully restored.
 "Amphan: Telecom network in West Bengal could be back to normal by weekend")
Voda Idea clubs 22 telecom circles into 10 clusters; move may hit jobs
"...... In the past also, we have seen that over time, it is possible to accommodate most of the people against natural voluntary attrition that keeps happening," Voda said downplaying likely job cuts
Vodafone Idea surges 9%, hits 2-month high; stock zooms 51% in a month
Management commentary after Q4 results may help better understand further funding plan in view of AGR penalty and its future operational strategy, analysts said
 "Vodafone Idea surges 9%, hits 2-month high; stock zooms 51% in a month")
Vodafone PLC liability for AGR capped at Rs 8,400 cr, blames SC order
Vodafone says its share in Vodafone Idea is worth zero
 "Vodafone PLC liability for AGR capped at Rs 8,400 cr, blames SC order")
Vodafone Idea jumps 15% intra-day on heavy volume; gains 46% in a month
The trading volume more than doubled on Monday with a combined 832 million equity shares, representing 10.4 per cent of total free-float equity of Vodafone Idea, changing hands on the NSE and BSE
 "Vodafone Idea jumps 15% intra-day on heavy volume; gains 46% in a month")
Relief to Vodafone Idea as SC orders Rs 733-crore income tax refund
Vodafone Idea, which is facing a financial crisis after the apex court ordered it to pay AGR dues and penalties totalling Rs 53,000 crore, will, however, have to wait for other refunds
Voda Idea's viability remains clouded despite near-term liquidity support
'Longer term viability of VIL continues to remain under cloud,' noted Credit Suisse in a report
Voda, Airtel may go the Jio way, scout for tech giants looking for tie-ups
Telcos could explore equity tie-ups with tech majors
 "Voda, Airtel may go the Jio way, scout for tech giants looking for tie-ups")
Vodafone Idea surges 15% on $200 mn advance payment from parent company
The UK-based group accelerated the payment mainly to tide over any liquidity crisis arising out of the Covid-19 pandemic
 "Vodafone Idea surges 15% on $200 mn advance payment from parent company")
Market Ahead, April 23: All You Need To Know Before The Opening Bell
In the earnings department, a total of seven companies including Britannia, Bharti Infratel, and Hathway Cable are scheduled to announce their March quarter results today
 "Market Ahead, April 23: All You Need To Know Before The Opening Bell")
