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Page 47 - Vodafone Idea

Voda Plc offers Vodafone Idea stake to lenders and BSNL for free

Vi shares plunge 18% after ABG's offer to hand over 27% stake gratis

Voda Plc offers Vodafone Idea stake to lenders and BSNL for free
Updated On : 05 Aug 2021 | 6:01 AM IST

Banks to discuss next course of action on debt-laden Vodafone Idea

Lenders to Vodafone Idea (VIL) are expected to hold talks to decide on the future course of action with regard to their exposure to the debt-laden telecom player which is struggling to stay afloat

Banks to discuss next course of action on debt-laden Vodafone Idea
Updated On : 04 Aug 2021 | 9:25 PM IST

Kumar Mangalam Birla steps down as non-executive chairman of Vodafone Idea

Himanshu Kapania, currently a non-executive director, has been appointed as non-executive chairman

Kumar Mangalam Birla steps down as non-executive chairman of Vodafone Idea
Updated On : 04 Aug 2021 | 7:28 PM IST

Sensex up 546 pts, ends above 54K; Nifty tops 16,250; financial stocks gain

The broader market, however, saw profit booking as, both, the BSE Mid and SmallCap indices declined 1 per cent each.

Sensex up 546 pts, ends above 54K; Nifty tops 16,250; financial stocks gain
Updated On : 04 Aug 2021 | 3:43 PM IST

Indus Towers hits over 8-month low on growth concerns

Indus' share price has underperformed the market owing to concerns over its key tenant Vodafone Idea's survival

Indus Towers hits over 8-month low on growth concerns
Updated On : 04 Aug 2021 | 2:03 PM IST

Voda Idea slips 26% in 2 days as Vodafone Plc rules out fresh fund infusion

Shares of the telecom services provider tanked 8.5 per cent at Rs 6.03, hitting a fresh 52-week low on the BSE in the intra-day trade

Voda Idea slips 26% in 2 days as Vodafone Plc rules out fresh fund infusion
Updated On : 04 Aug 2021 | 12:52 PM IST

Bankers to discuss impact as Birla offers to give up stake in Voda Idea

Some issues beyond its control - spectrum payment and adjusted gross revenue dues - have created pressure, which the government is attempting to address

Bankers to discuss impact as Birla offers to give up stake in Voda Idea
Updated On : 04 Aug 2021 | 6:01 AM IST

Vodafone Group CEO Nick Read rules out fresh fund infusion in Vi

Vi has a debt of about Rs 1.8 trillion, including deferred spectrum obligations and AGR dues

Vodafone Group CEO Nick Read rules out fresh fund infusion in Vi
Updated On : 03 Aug 2021 | 11:22 PM IST

Vodafone Idea tanks 12%, hits 52-week low

Industrialist Kumar Mangalam Birla has expressed willingness to offer his group's 27% stake in VIL to any government or domestic financial entity in order to keep the stressed telecom company alive

Vodafone Idea tanks 12%, hits 52-week low
Updated On : 03 Aug 2021 | 11:06 AM IST

Birla tells govt he is willing to give up promoter stake in Vodafone Idea

Analysts say that VIL losses could potentially swamp the group finances making Birla wary of making additional investments in the company

Birla tells govt he is willing to give up promoter stake in Vodafone Idea
Updated On : 03 Aug 2021 | 12:22 AM IST

K M Birla offers to hand over his Vodafone Idea stake to government

Aditya Birla group Chairman KM Birla has offered to hand over his stake in debt-laden Vodafone Idea Ltd to govt or any other entity that govt may consider worthy to keep company operational.

K M Birla offers to hand over his Vodafone Idea stake to government
Updated On : 02 Aug 2021 | 4:27 PM IST

India should nationalise Vodafone Idea, head off Jio-dominated duopoly

Merging state-run telcos with a nationalised Vodafone Idea could save jobs and capital. Managed professionally, it could be a credible third player.

India should nationalise Vodafone Idea, head off Jio-dominated duopoly
Updated On : 30 Jul 2021 | 10:05 PM IST

Reliance Jio adds 3.5 million users in May, Vodafone Idea & Airtel lose big

Both Airtel and Vi lost 4.6 million and 4.3 million subscribers, respectively

Reliance Jio adds 3.5 million users in May, Vodafone Idea & Airtel lose big
Updated On : 29 Jul 2021 | 10:34 PM IST

Govt should take control of Vodafone Idea, says Deutsche Bank report

The telecom company has sought an extension of the moratorium till April 2023 to pay over Rs 8,000 crore dues related to spectrum purchase

Govt should take control of Vodafone Idea, says Deutsche Bank report
Updated On : 26 Jul 2021 | 11:02 PM IST

Eye on revenue growth, Vodafone Idea revises plans for corporate customers

The new plans are aligned with those of Bharti Airtel, which tweaked its tariff last week

Eye on revenue growth, Vodafone Idea revises plans for corporate customers
Updated On : 26 Jul 2021 | 10:55 PM IST

SC dismisses Vi, Airtel pleas seeking correction of AGR due calculation

The Supreme Court observed that it has said not just once, but twice and thrice that AGR demand can't be recomputed

SC dismisses Vi, Airtel pleas seeking correction of AGR due calculation
Updated On : 24 Jul 2021 | 12:25 AM IST

Analysts dump Voda Idea for Airtel post AGR re-calculation case verdict

With sufficient assets and a healthy financial condition, Bharti Airtel can clear their dues with DoT, analysts said

Analysts dump Voda Idea for Airtel post AGR re-calculation case verdict
Updated On : 23 Jul 2021 | 11:06 PM IST

Does Vodafone Idea have a cushion to sail through the current year?

Much would depend on whether the govt gives it yet another year's moratorium on Rs 8,200 cr spectrum payment due next March, and its ability to raise Rs 25,000 cr more from investors

Does Vodafone Idea have a cushion to sail through the current year?
Updated On : 23 Jul 2021 | 11:03 PM IST

Sensex adds 138 pts; Zomato ends 65% up over issue price at Rs 126 on BSE

The BSE MidCap and SmallCap indices, however, underperformed the benchmarks

Sensex adds 138 pts; Zomato ends 65% up over issue price at Rs 126 on BSE
Updated On : 23 Jul 2021 | 4:02 PM IST

SC rejects telcos plea on AGR re-computation; Vodafone Idea tanks 15%

Three telecom firms - Bharti Airtel, Vodafone Idea and Tata Teleservices - had moved the apex court seeking correction in calculation errors in the DoT's AGR demand

SC rejects telcos plea on AGR re-computation; Vodafone Idea tanks 15%
Updated On : 23 Jul 2021 | 2:53 PM IST