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Vi stock rises on Rs 1980 cr fund raise approval
Indian telco Vodafone Idea to raise $234 mln via share issue
Vodafone Idea will raise up to 19.80 billion rupees ($233.8 million) through the issue of preferential shares, the Indian telecom company said on Monday.
Vodafone Idea share: Vi stock rises on Rs 1980 cr fund raise approval
Shares of Vodafone Idea surged 2.6% after the debt-ridden telecom company's Board gave its approval for raising Rs 1980 crore from its promoter Vodafone Group Plc. The funds will likely be used by the company to clear a portion of its dues to Indus Towers.
Vodafone Idea shares climb 2% as board approves Rs 1,980 crore preferential issue
Vodafone Idea shares rise over two percent as the company secures board approval to raise Rs 1,980 crore via preferential issue, marking a positive move amid ongoing financial challenges.
Indian telco Vodafone Idea to raise $234 million via share issue
Vodafone Idea will raise up to 19.80 billion rupees ($233.8 million) through the issue of preferential shares, the Indian telecom company said on Monday. Vodafone Idea said it will issue shares to Vodafone Group entities Omega Telecom Holdings and Usha Martin Telematics worth up to 12.
Vodafone Idea share price likely to be in focus today; here's why
Vodafone Idea share price could be in focus today as the company announced raising funds up to ₹1,980 crore by issuing 175.53 crore shares at ₹11.28 each to Vodafone Group entities. This move is expected to boost the company's financial standing amidst ongoing challenges.
Vodafone Idea to raise Rs 1,980 crore via share issue to Vodafone group
Ailing telecom operator Vodafone Idea on Monday said its board has approved the issuance of up to 175.5 crore shares on a preferential basis to Vodafone Group entities to raise up to Rs 1,980 crore. The debt-ridden telcom company pegged the issue price at Rs 11.
Big worry for Mukesh Ambani as Vodafone Idea plans to raise Rs 20000000000 in order to...
Vodafone Idea is seeking to stabilize its financial position, improve operational liquidity, and set the stage for long-term growth in the competitive telecom sector.
Vodafone Idea share: Vi stock in focus as board to consider Rs 2,000 crore fundraise today
Vodafone Idea will consider a proposal today (December 9) to raise up to Rs 2,000 crore through a preferential equity issuance to one of its promoter entities.
Vodafone Idea shares in focus as board to consider ₹2000 crore fundraise proposal today
Vodafone Idea Limited announced on December 4, 2024, that its board will meet on December 9 to consider a ₹2,000 crore fundraising proposal through preferential issuance of equity shares or convertible securities.
RCR Wireless News
13h
Vodafone, AST SpaceMobile strike long-term deal
The agreement, which extends through 2034, will enable Vodafone to offer space-based cellular broadband connectivity in its ...
16h
AST SpaceMobile Secures Long-Term Vodafone Deal To Boost Global Coverage
AST SpaceMobile shares up on Vodafone's long-term commercial agreement. Partnership aims to expand global broadband ...
47m
Tejas Networks secures major three-year contract with Vodafone Idea for 4G and 5G infrastructure
Tejas Networks secures 3-year contract with Vodafone Idea for critical network infrastructure products, enhancing 4G and 5G ...
SpaceNews
6h
AST SpaceMobile locks in 10-year Vodafone commercial agreement
AST SpaceMobile’s shares soared more than 16% Dec. 9 after the direct-to-smartphone satellite operator announced a 10-year commercial arrangement with Vodafone, one of Europe’s ...
20h
Vodafone downgraded to Neutral from Buy at Goldman Sachs
Goldman Sachs downgraded Vodafone (VOD) to Neutral from Buy with a $10.45 price target The firm says that at it waits for an inflection in ...
3d
Vodafone: Three UK Merger Approval May Be An Important Catalyst For Re-Rating The Stock
Vodafone (VOD) has been restructuring, selling its towers segment and merging its U.K. operations with Three. Check out the ...
2h
Tejas Networks to help Vodafone Idea ramp up 4G and 5G rollouts
Anand Athreya, CEO and MD, Tejas Networks said its products can help Vodafone Idea 'drastically lowering the cost and energy ...
fbcnews
1h
Vodafone Fiji donates $10,000 to Fiji Cancer Society
Vodafone Fiji has presented a cheque worth $10,000 to the Fiji Cancer Society, marking the successful conclusion of its ...
4d
on MSN
Vodafone-Three £15 Billion Merger Wins UK Antitrust Approval
Vodafone Group Plc’s £15 billion ($19.1 billion) merger Three won the UK’s antitrust watchdog’s approval, paving the way to ...
22h
Vodafone Idea’s enterprise arm launches solution for corporate postpaid users to buy services for personal needs
In today’s connected world, employees look for an effortless experience that offers them a greater choice on services like ...
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