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AIRTEL FUNDRAISE
Vodafone Idea shares rally 80% in less than 3 months. Time to buy or avoid?Vodafone Idea shares have seen a dramatic surge, climbing nearly 80% in under three months. This rally, fueled by reduced dues and promoter...- Stocks in news: HCL Tech, Bharti Airtel, SBI, Adani Enterprises, GMR AirportsIndian equities opened the week strong, with the Sensex and Nifty gaining nearly 1% each on positive global sentiment. Key stocks in focus ...
- AB Group reaffirms bet on Voda Idea with ₹4,730 Cr infusionVodafone Idea shareholders approved a ₹4,730-crore investment from the Aditya Birla Group via preferential allotment of warrants, increasin...
- Vi shares double investments in 1 year. Here’s what analysts from Macquarie, JPMorgan, other global brokerages sayVodafone Idea shares have surged over 100% in a year. Analysts from Macquarie, JPMorgan, and other global brokerages offer mixed views. Whi...
- Airtel plans Rs 28,000 crore share swap: Deal with ICIL to raise parent’s stake in Airtel Africa & Mittal family’s stake in AirtelBharti Airtel's board approved a ₹28,220 crore share-swap deal with ICIL, a Mittal family entity, to increase its stake in Airtel Africa to...
- Stocks in news: Airtel, Tata Motors, Dr Reddy's, NTPC, Dixon TechnologiesMarkets faced selling pressure on Tuesday due to weak global cues and macroeconomic concerns, with the Nifty approaching support at 23,150....
- Voda Idea may consider raising fresh funds to bolster its booksVodafone Idea's board will meet on May 16 to discuss a significant fundraising plan, aiming to secure fresh capital through equity and warr...
- Vodafone Idea board to weigh fundraise through equity after AGR reliefVodafone Idea board will consider raising funds via equity shares and warrants as sentiment improves after AGR relief and regulatory clarit...
- Ambani's Reliance Jio: Businesses and investors of the IPO-bound firmReliance Jio Platforms, owned by billionaire Mukesh Ambani, is preparing to seek approvals for a Mumbai IPO that could become India’s bigge...
- Is the AGR overhang over? Here's why Citi has turned bullish on Vodafone Idea with a buy callAccording to Citi, this creates positive implications for both minority shareholders and potential debt providers. The brokerage expects th...
- In big relief to Vodafone Idea, govt pares its AGR liabilities by 27%The Department of Telecommunications (DoT) has reduced Vodafone Idea’s adjusted gross revenue (AGR) liabilities by about 27%, providing sig...
- Bharti Airtel-owned Nxtra to raise $1 billion amid data center boomIndia's Bharti Airtel-owned Nxtra Data will raise $1 billion from Alpha Wave Global, Carlyle Global, Anchorage Capital, as well as its pare...
- Sentimentally positive but completion key: Experts on VIL's mega fundraise plansStating that the VIL's announcement of the fundraise was similar to its declaration in September 2020, CLSA said, "VIL has been in talks wi...
- Airtel looks at $1-billion fundraise in move to repay spectrum dues, eyes offshore bonds issueIndia's second-largest telco is likely to engage with top global banks including Barclays and Citi later this month to decide on the prefer...
- Airtel shares rise 4% as firm to consider fund raisingThe second largest telco’s decision has flummoxed the market watchers. According to brokerage firm Jefferies, it has “come as a surprise as...
- Airtel to take final call on foreign currency bonds issuance post meet with investorsThe Bharti Airtel board had earlier this month approved fundraising plan of up to Rs 7,500 crore via debt instruments such as debentures an...
- Fund-raising to boost Bharti Airtel's books: AnalystsBharti Airtel’s application for permission to increase its foreign shareholding limit to 100 per cent is still pending with the government.
- Airtel fixes April 24 as record date for Rs 25,000 crore rights issueBharti Airtel's rights issue is priced at Rs 220 per share, a discount of over 30% from the February 28 closing price.
- Airtel's proposed rights issue credit positive: Moody'sAirtel's fund-raising plans entail rights issuance of up to Rs 25,000 crore and Perpetual Bond with equity credit of up to Rs 7,000 crore.
- Bharti Airtel board to okay mega fundraising todayIn India, Airtel is navigating a brutal price war triggered by Jio that has seen the number of telecom operators shrink.
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