Page 36 - Vodafone Idea

Govt has no intention to run Vodafone Idea, says telecom firm's CEO

The government will own 35.8 per cent in the financially-stressed firm that has agreed to convert interest on deferred statutory dues.

Vodafone Idea gains 14% on heavy volumes after crashing 21% a day before

On Tuesday, the stock of the telecom services provider had tanked 21 per cent to Rs 11.80 after the company said it agreed to convert interest on deferred statutory dues into equity.

Why is the government stake in Voda Idea puzzling markets?

The government gave a lifeline to Vodafone Idea, saving it from an imminent collapse. What does this move mean for the company, for the markets and for the government? This report finds out

TMS Ep84: Vodafone Idea, Community buying, markets, Covid-vaccine

Why is govt stake in Voda Idea puzzling markets? Is 'community buying' key to reaching 'Bharat'? What factors will guide the markets today? What is the booster dose of Covid-vaccine? All answers here

Infosys, TCS & Wipro Q3 results; trading strategy for Vodafone Idea

The third quarter is generally a low season for Indian IT companies due to furloughs in its markets. What factors will guide the markets today and how should you trade Voda Idea? This report answers

Vodafone Idea dues conversion will free up money to pay lenders

A top executive at a private bank said the money that was going towards paying government dues would stay in the books and should be used for loan payment

Vodafone Idea lives to see new day, ending Jio-Airtel duopoly fears

With no duopoly, Airtel and Jio will now concentrate on improving their bottom lines rather than playing the pricing game to target Vi customers or ensure its demise

Govt set to become largest shareholder of Vi, to own 35.8% stake

Currently, the Aditya Birla group holds around 27.7 per cent while Vodafone Group holds 44.3 per cent in the telco

Tata Teleservices opts for equity conversion; govt may get 9.5% stake

The announcement of Tata Teleservices (Maharashtra) came within hours of Voda Idea also deciding to opt for converting the interest amount on AGR dues into government equity

Top headlines: Govt becomes Vi's largest shareholder; IPL gets new sponsor

Business Standard brings you the top headlines on Tuesday

Sensex rises for 3rd straight day; ends 221 pts up; Voda Idea plunges 21%

The broader markets were quiet today with the BSE MidCap and SmallCap indices ending little changed

Vodafone Idea, Paytm: Trading strategies for buzzing stocks of the day

Vodafone Idea continues to attract risky traders as medium-term outlook remains robust

Voda Idea slumps 19% as board approves conversion of govt dues into equity

Vodafone Idea said the equity shares will be issued to the Government at par value of Rs 10 per share, subject to final confirmation by the DoT.

Govt to own 35.8% in Vodafone Idea after converting dues, says company

This will result in dilution for all the existing shareholders of the company, including the founders

Vodafone Idea unlikely to convert interest on govt dues to equity: IIFL

The telecom company has to take a call on the issue by Wednesday

Vodafone Idea stock can deliver more returns if debt overhang subsides

Bharti Airtel, however, is the safer bet fundamentally among the two companies.

The Telecom Churn: Vodafone Idea loses rural connect, Jio is urban king

Vodafone lost out, not so much in the immediate years after Jio's entry, as much after the pandemic

The Telecom Churn: Requests for mobile number portability peak again

Indian mobile consumers have made close to 30 million MNP requests each quarter in the last three, or in other words, close to 90 million requests in the January - September 2021 period

Lenders relieved as Vodafone Idea repays bondholders Rs 1,500 cr on time

Firm is now in the process of extinguishing bonds with the depositories; Next tranche of forex bonds worth Rs 1,055 cr are maturing on Dec 31, and another Indian currency bond matures Jan 4

Vodafone-Idea ties up with Hungama to roll out music streaming service

Move to drive digital adoption and monetisation