Page 19 - Vodafone Idea

Stocks to Watch today: RIL, Voda Idea, SBI, Adani, TTML, Jaiprakash Power

Stocks to Watch on Friday, October 27, 2023: Tata Sons, the holding company of the Tata group, will have to infuse an additional Rs 2,055 crore in its loss-making subsidiary Tata Teleservices

Vodafone Idea Q2 results: Net loss surges 15.2% to Rs 8,746 crore

Company incurred higher expenses on rising finance cost, slow revenue growth

Vodafone Idea Q2 results: Consolidated net loss widens to Rs 8,738 crore

Debt-ridden telecom operator Vodafone Idea on Thursday said its consolidated net loss widened to Rs 8,737.9 crore in the second quarter ended September 30. The company had posted a net loss of Rs 7,595.5 crore a year ago. Its consolidated revenue from operations was almost flat at Rs 10,716.3 crore during the reported quarter against Rs 10,655.5 crore in the September 2022 quarter.

Delhi HC directs govt to refund Rs 7.12 crore IGST to Vodafone-Idea

On the issue of limitation, the court said the controversy whether the petitioner had made the claims within the period of limitation is no longer a contentious issue

License fee by telecoms to be treated as capex not revenue expenditure: SC

This decision overturns previous rulings by the Delhi, Bombay, and Karnataka High Courts, which had favoured the telecom firms

Jio-Airtel battle for home Wi-Fi connections as they aim for higher Arpu

The mobile Arpu for Airtel stood at Rs 200 at the end of the first quarter of FY24. On the other hand, Airtels's Arpu for home services stood at Rs 608

Vodafone Idea files plea in Supreme Court seeking correction of AGR dues

When the CJI asked Salve how long the arguments would take, he said it would only take a day

DoT disposes VIL objections over license fee demand of Rs 3,273 crore

The telecom department has disposed-off Vodafone Idea's (VIL) representation and objections related to license fee demand of Rs 1,749 crore and Rs 1,524 crore, respectively, for FY2016 and FY2017, the troubled telco said. The company further said it is studying the communication to decide the next course of action. "Department of Telecommunication (DoT) vide its communication dated 04.10.2023 has disposed-off the company's representation and objections in respect of license fee demand of Rs 1,749 crore and Rs 1,524 crore respectively (including Interest till 31.03.2023) for financial Year(s) 2015-16 and 2016-17," VIL said in a regulatory filing. The company said in the past it has written to the DoT to correct the errors in demands up to FY 2016-17 "which DoT has not acted upon so far". "If, however, it is permissible for DoT to modify the demands for the period covered by the Judgment of the Supreme Court, then in that event there are various errors which need to be corrected and

May restrict services to Vodafone Idea if dues unpaid: Indus Towers to Trai

Indus Towers has also criticised the telco for 'wilful and continuous' failure to make the due payments

IT shares, RIL, F&O expiry send Sensex 610 pts down, Nifty near 19,500

Closing Bell on September 28, 2023: Tech M, which sank 4 per cent, was the top laggard on the benchmarks after Morgan Stanley downgraded the stock to 'underweight'

Reliance Jio gains 3.9 mn users in July, Vodafone loses ground: Trai

Trai data revealed that 11.7 million subscribers had submitted requests for Mobile Number Portability (MNP), signalling a sustained trend of Vi users migrating to other operators

Not acquiring Vodafone Idea: Verizon executive denies media reports

Denying that it was in discussions with Vodafone Idea with Verizon, Amazon, or Starlink, Vodafone Idea said that India is an important part of the company's growth plans

Stocks to Watch on Sept 18: L&T, Voda Idea, Vedanta, BEL, Dhanlaxmi Bank,

Stocks to Watch today, September 18, 2023: L&T's Rs 10,000-crore buyback will open on Monday, September 18, at Rs 3,200 per share

Trai directs annual audit for telcos, asks to refund overcharged tariff

The audit has to be conducted by a panel of auditors notified by Trai. Non-compliance or failure to submit the report can result in monetary penalties that can go up to Rs 50 lakh

Airtel's contingent liabilities jump from Rs 4,100 cr to Rs 11,500 crore

Troubled Vodafone Idea (VI) has around Rs 7,000 crore in the form of one-time spectrum charge (OTSC) dues

VI pays 50% of spectrum usage, licence charges; struggles to raise funds

Vodafone Idea has found it difficult to raise funds in the past two years which has hurt its ability to expand its 4G network and begin the 5G rollout

TMS Ep515: One election, Hindi box office, Vodafone Idea, revised NCF

Why is consensus key to 'one nation, one election'? How has SRK revived the Hindi box office? Does the rally in Vodafone Idea stock have more legs? What is National Curriculum Framework? Answers here

With 'Choice' initiative Vi allows postpaid users to modify plans

'Choice' initiative allows users to opt for lifestyle benefits across entertainment, food, travel and mobile security

Franklin Templeton Asset Management gets Rs 1,398 cr from Vodafone Idea

Franklin Templeton Mutual Fund on Friday said it has received Rs 1,398 crore as payment from Vodafone Idea for investment in its debt instruments, which will be distributed among investors of the segregated portfolios. The amount will be given to unitholders in proportion to their holdings in the plans of the segregated portfolio. "We have received the annual interest amounting to Rs 148.34 crore and the full value of the principal due on maturity amounting to Rs 1,250 crore from Vodafone Idea Ltd for the security (non-convertible debenture) on September 1, 2023, and held in the five segregated portfolios," the fund house said in a statement. The five segregated portfolios are -- Franklin India Low Duration, Franklin India Short Term Income Plan, Franklin India Credit Risk, Franklin India Dynamic Accrual, and Franklin India Income Opportunities Fund. These schemes had made investments in Vodafone Idea.. Franklin Templeton MF side-pocketed its exposure in the telecom player and in .

Vodafone Idea hits 10-month high on heavy volumes; gains 24% in six days

Last week, Care Ratings reaffirmed its rating and revised the outlook assigned to the long term bank facilities and non-convertible debentures of Vodafone Idea from 'Positive' to 'Stable'.