Page 41 - Vodafone Idea

Big breather for Voda Idea as govt clears relief package for telecom sector

The government also accepted taking equity as payment for dues

Cabinet approves 4-year moratorium on payment of all govt dues by telcos

Cabinet rationalises AGR definition, excludes non-telecom revenue of telcos from payment of statutory levies, allows 100% automatic FDI in telecom sector with safeguards

Stocks to watch: Shree Cement, ZEEL, Voda Idea, Srei Infra Finance, ONGC

Ace investor Rakesh Jhunjhunwala's Rare Enterprises Ltd and BofA Securities Europe SA on Tuesday bought shares of Zee Entertainment Enterprises worth over Rs 225 crore

Banks call on government to ease pressure on debt-laden Vodafone Idea

Banks led by State Bank of India have called on the Indian government to give debt-laden Vodafone Idea more time to clear its tax dues and spectrum fees

'Policy support, fundraise may give VIL relief but sizable hike must'

A moratorium on AGR and spectrum payments, and reduction in spectrum usage charge (SUC) and Licence Fee (LF) are reportedly among the key relief measures being lined up.

Telecom package: Discussions between DoT and FinMin at an advanced stage

Matters are also a bit complicated since Telecom Secretary Anshu Prakash is due to retire at the end of September

Stocks to watch: DRL, TVS Motor, PSP Projects, EID Parry India, Voda Idea

The recovery officer of Debt Recovery Tribunal (DRT) on Tuesday offloaded shares worth Rs 50 lakh of McDowell Holdings Ltd through an open market transaction

Vodafone Idea shares surge 35% in 6 days in hope of govt support

As the industry continues to remain under unsustainable financial duress, the company is hopeful that the government will provide the necessary support to address all structural issues

'Hopeful of govt support': Vodafone Idea chairperson tells shareholders

The telecom company's operational performance has been impacted by intense competition, low tariffs and a debt of Rs 1.9 trillion leaving it with little surplus for network upgrade.

Cabinet likely to consider relief package for stressed telecom sector

In what may come as a major relief for the telecom sector, the Union Cabinet is likely to consider and discuss a relief package for the sector on Wednesday, sources said

VIL flags industry's unsustainable financial duress; hopes for govt support

Ailing telecom operator Vodafone Idea has flagged the industry's "unsustainable financial duress" in its latest annual report and hoped that the government would provide the necessary support

Vodafone Idea rallies for 6th day in a row, jumps 11%; here's why

As the sector continues to remain under unsustainable financial duress, Voda Idea is hoping that the government will provide the necessary support to address all structural issues faced by the sector

Telecom tower companies to face 180,000 tenancy losses if VIL exits: Icra

Vodafone Idea's financial stress underlined by mounting losses and rising debt is likely to impact its financial lenders and have a bearing on employees and subscribers, ICRA said on Monday

Franklin Templeton Mutual Fund gets Rs 149-cr from Vodafone Idea

Franklin Templeton Mutual Fund has said it received a payment of nearly Rs 149 crore from Vodafone Idea Ltd as interest on its securities investment

Airtel's Rs 21k-cr rights issue may open exit door for Voda Idea: Analysts

Bharti Airtel's staggered equity capital raise may also create adequate headroom to prepare for a scenario of plausible exit of Vodafone Idea in the medium term, fear analysts

Stocks to watch: CarTrade Tech, HDFC Bank, Vodafone Idea, Airtel, Indostar

MD and CEO Nitin Chugh of Ujjivan Small Finance Bank has resigned from the bank and his tenure will come to an end on September 30

DoT to serve show-cause notice on Vodafone Idea over licence fee delay

Telco claims dues paid for first quarter

Paid licence fee dues for first quarter of FY22, says Vodafone Idea

VIL is in the grip of an existential crisis, and the debt-ridden telco's Q1 earnings and June quarter operational metrics, announced on Saturday, had left analysts disappointed

BS Number Wise: Can user experience deliver Voda-Idea from its mess?

While Vi has lagged in spectrum addition and infrastructure augmentation, its 4G data experience has performed well at times

IT, FMCG stocks lift Sensex 210 pts up, Nifty tops 16,600; metals drag

The Nifty Metal index skidded 2.5 per cent