Business Standard

Top biz headlines: Voda-Idea loss spillover, Maruti stock downgrade & more

From banks raising funds to grab NBFCs' share to Comcast-led group's offer to Zee promoters, here are the top business headlines on Tuesday

Voda Idea, Vodafone Idea

BS Web Team New Delhi
1) Voda Idea losses spill over to other AB Birla group firms; m-cap down 6.2%

The continued losses at Vodafone Idea are spilling over into other AB Birla group firms, led by Chairman Kumar Mangalam Birla. The combined m-cap of the AB Birla group firms was down 6.2 per cent on Monday, led by losses at Vodafone Idea. In all, group firms lost nearly Rs 18,000 crore m-cap on Monday. The telecom major has lost 44.3 per cent of its m-cap in July, wiping out most of the gains it made after it raised Rs 25,000 crore by way of

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First Published: Jul 30 2019 | 8:22 AM IST

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