Mumbai: Aditya Birla Group Chairman Kumar Mangalam Birla on Thursday said Vodafone Idea's Rs 18,000 crore fund raising is a "fresh lease of life" for the company and claimed the telco will make a smart comeback.The company, which is struggling to retain customers amid the aggressive play of...
Mumbai: Aditya Birla Group Chairman Kumar Mangalam Birla on Thursday said Vodafone Idea's Rs 18,000 crore fund raising is a "new lease of life" for the company.The company, which is struggling to retain customers amid very heavy competition in the sector, will focus on growing its network and...
Mumbai (Maharashtra) [India], The successful completion of the Rs 18,000 crore follow-on public offer (FPO) marks the beginning of Vodafone Idea 2.0 that will stage a "smart turnaround", Aditya Birla Group Chairman Kumar Mangala Birla said. Said praised PM Modi and Telecom Minister Ashwini...
New Delhi: Telecom operator Bharti Airtel on Wednesday said it is not discussing acquiring British telecom giant Vodafone Group's approximately 21 per cent stake in Indus Towers.In a BSE filing, Airtel claimed that it has no desire to increase its stake in the company beyond that required for...
New Delhi: Shares of Vodafone Idea Ltd rose nearly 12 per cent on Tuesday, a day after the telecom operator raised Rs 18,000 crore in India's biggest eve follow-on offering (FPO).The stock jumped 11.64 percent to Rs 14.39 on BSE. During the day, I gained 14.42 per cent to Rs 14.75.It rose...
New Delhi: Shares of Vodafone Idea Ltd rose nearly 8 per cent on Tuesday, a day after the telecom operator raised Rs 18,000 crore in India's biggest eve follow-on offering (FPO).The stock jumped 7.83 per cent to Rs 13.98 on BSE.It rose 7.75 percent to Rs 13.90 on NSE.At the close of the...
New Delhi: Telecom operator Vodafone Idea (VIL) board has fixed the FPO offer price at Rs 11 per equity share, according to a regulatory filing.The anchor investor's offer price of Rs 11 per equity share has also been approved by the board."...the following resolutions were also passed...the...
New Delhi: Debt-laden telecom operator Vodafone Idea Ltd has raised Rs 18,00 crore in India's biggest-ever follow-on offering (FPO), as stock exchange data showed that institutional investors are raising money. The issue has been subscribed approximately seven times.At the end of the offer...
New Delhi: Debt-ridden telecom operator Vodafone Idea Ltd's Rs 18,000 crore follow-on offering (FPO) was subscribed more than 3.3 times on Monday as institutional investors poured in money but the retail sector lagged behind.According to stock exchange information, 4,212.56 crore shares were...
New Delhi [India], Vodafone Idea's follow-on public offer (FPO) was fully subscribed on Monday, the last day of bidding, data shows. Qualified Institutional Buyers (QIBs) have taken the lead by getting subscription of almost 3 times the portion reserved for them. Non-institutional investors...
New Delhi: Debt-laden telecom operator Vodafone Idea Ltd's Rs 18,000 crore follow-on offering (FPO) gathered momentum on Friday with nearly half the issue subscribed, largely from institutional investors.According to stock market information, more than Rs 12,000 crore, including Rs 5,400 crore...
New Delhi: Debt-laden telecom operator Vodafone Idea Ltd's Rs 18,000 crore follow-on offer (FPO) opened to a modest response on Thursday, with only 2 per cent of shares sought by investors.According to information given on BSE, out of 1,260 crore shares on offer, 331.24 crore shares were...
New Delhi [India], Subscription to Vodafone Idea's follow-on public offer (FPO date started on Thursday and will close on Monday (April 22)) Follow-on Public Offer (FPO) Issue of shares by the listed company to investors. To do. A stock exchange has set the FPO price band of Vodafone Idea in the...
NEW DELHI: Buoyed by investors like GQG picking up shares reserved for anchor investors, Vodafone Idea CEO Akshay Mundra on Wednesday expressed confidence that the FPO will make the loss-making telco funds available for network expansion, giving them Hopefully this will help curb the losses. Of...
New Delhi, Just ahead of the opening of its mega FPO to public investors, Vodafone Idea (VIL) has announced the closing of its anchor book allotment, raising around Rs 5,400 crore from leading global as well as domestic investors. , as per the statutory filing by the telco.This could be the...
New Delhi, Just ahead of the opening of its mega FPO to public investors, Vodafone Idea (VIL) has announced the closing of its anchor book allotment, raising around Rs 5,400 crore from leading global as well as domestic investors. , as per the statutory filing by the telco.Major investors...
Mumbai, Ahead of its Rs 18,000 crore additional public offer (FPO), Vodafone Idea on Monday said it expects to launch 5G services in select areas within 6 months of the issue.Its chief executive Akshay Mundra said that launching 5G services is one of the objectives of raising capital from the...
NEW DELHI: Shares of Vodafone Idea fell nearly 6 per cent in intra-day trade on Friday after the floor price of its follow-on public offer was set at a discount to the previous closing price, but the stock steadied back.Struggling telecom operator Vodafone Idea on Friday said it plans to raise...
New Delhi: Struggling telecom operator Vodafone Idea on Friday said it plans to raise up to Rs 18,000 crore through share sale in the biggest follow-on public offer as it tries to raise resources to stay afloat. Has been.Under the FPO, Voda-Idea shares will be issued in the price band of Rs...
New Delhi: Cash-strapped Vodafone Idea on Friday announced a follow-on public offer of up to Rs 18,000 crore at a price band of Rs 10-11 per share, the country's largest FPO.The fundraising – which comes close to the Rs 2,075 crore investment by Aditya Birla Group through a preferential share...