The relaunch, coming two years after the August 2018 merger of Vodafone and Idea Cellular, is to have a combined brand identity and advertising around it
UK telecom giant has invested over $16.4 billion in the country, but hardly made any returns for its UK shareholders
The company posted a 76 per cent growth in 2019-20 while the premium income rose by 70 per cent in the first two months of the current fiscal, Bathwal said in an interview
Leading business houses report pre-tax loss of Rs 19,342 crore in Q4
Vodafone Idea will have to cough up an additional Rs 5,235 crore every year till 2040 to pay its remaining portion of the AGR dues.
The Bajaj group is the only one on the list of 12 conglomerates to be down - 1 per cent - since the lockdown came into effect, thanks to the hammering of stocks of non-banking financial companies.
Rs 1,000-cr rights issue, lower costs to help pare Rs 2,500-cr debt
Manufacturers in India and China were anticipating growth on the back of an infrastructure splurge. The pandemic has forced them to cut back, and revival this year looks tough
The proceeds were used to on-lend to IGH and prune its borrowings by 40% by March 2020
Top company executives said the firm had earlier planned to invest about Rs 3,880 crore in the present financial year.
Universal Cables announced that operations at its manufacturing units in Satna had been temporarily suspended with effect from the midnight of March 24
Bigger companies in general performed better than their smaller peers
Cumulatively, the company has lost nearly Rs 45,000 crore in the last four quarters, eroding its net worth to its lowest level in three-year
While Novelis raised $1.6 billion at a lower rate than the previous loan, SKI Carbon Black has hired 16 banks to raise $1.5 billion by selling bonds
Chairman of Aditya Birla Group says tensions between nationalism and globalisation will reshape world
On India's ranking, Birla praised the current government and said that the country can do even better
"We have for the longest time had separation of MD and chairman, as two separate roles… I can't imagine how it would be like to have both of those roles combined into one…" says Kumar Mangalam Birla
Vodafone Idea is now squeezed between high debt and poor revenue realisations
Bankers said that at present, both operators are current in their repayments. However, the concern is over the future debt repayment capacity
Its overall lending book grew 4 per cent year on year to Rs 60,477 crore as against Rs 57,945 crore