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VI GOVT STAKE
Govt not looking to raise stake in Vodafone Idea: Telecom miniser Jyotiraditya ScindiaIndia's government will not increase its stake in Vodafone Idea. Union telecom minister Jyotiraditya Scindia confirmed this. He stated that...
Duopoly is not good: Chidambaram backs VI revival while warning against govt takeoverP Chidambaram has backed revival efforts for Vodafone Idea, cautioning against a telecom duopoly that could harm consumers and the market. ...
Govt raises stake in Vodafone Idea to 48.99% after converting Rs 36,950 AGR dues; shares riseThe Indian government has increased its stake in Vodafone Idea to 48.99% by converting spectrum payment dues into equity shares, valued at ...
Vodafone Idea debt at Rs 2.17 lakh cr in Dec 2024 quarter, govt stake up at 48.99 pcVodafone Idea's debt grew by 7% to Rs 2.17 lakh crore in the December 2024 quarter, primarily due to higher statutory liabilities. Of this,...
Sebi exempts govt from making open offer in Vodafone Idea stake acquisition; GoI holding to rise to 48.99%Sebi granted an exemption to the Government of India from open offer compliance for a direct equity acquisition in Vodafone Idea. This move...
Vodafone Idea nearing PSU stock status. What's in store for 60 lakh shareholders?Vodafone Idea share price: The conversion, set at Rs 10 per share, represents a 47% premium over the stock's most recent closing price. As ...
Citi sees 76% upside in Vodafone Idea as govt hikes stake, also bullish on Indus TowersCiti Research reaffirmed its buy/high-risk rating on Vodafone Idea after the government raised its stake to 48.99%, easing financial strain...
Voda Idea shares surge 10% on AGR relief newsVodafone Idea share price surged 10% amid reports of a government proposal to waive 50% of interest and 100% of penalties on AGR dues. This...
Govt selling stake in Vodafone Idea? Here's what the telco has to sayVodafone Idea (VIL) has denied that it has received any communication from the government regarding its stake in the telco, despite reports...
Dial Vi for victory: Cash-strapped telco pulls off biggest FPOThe allotment for qualified institutional buyers (QIBs) was subscribed 19.3 times, of which 82% bids came from foreign institutional invest...
Govt becomes single largest shareholder in VI with 33.44%The board, at its meeting today, approved allotment of 16,133,184,899 equity shares of face value of Rs 10 each at an issue price of Rs 10 ...
Indus removes Q2 quarterly report para on Govt equity conversion in Vodafone IdeaVi had in a late evening statement on Monday said that there is no such rule barring the government from taking equity in the telco even if...
No bar on govt taking equity in company even if shares below par value: Vodafone IdeaIn a statement, the loss-making telco said that the quarterly report of tower company Indus Towers has “erroneous reported” that there is s...
Govt wants to check Vi funding progress before owning stakeThe DoT is taking a cautious approach as it feels that Vi will find it difficult to compete against financially stronger rivals Reliance Ji...
5G Explainer: All you wanted to know about this new telecom technologyIndian telecom sector's most awaited event- First 5G spectrum auction carriers bidders like Reliance Jio, Bharti Airtel and Vodafone Idea t...
Vodafone Idea may tap FCCB route to raise $750 mn-$1 bnThe move comes after the company on Tuesday decided to convert its interest on deferred spectrum and adjusted gross revenue (AGR) payments ...
Centre may pick up token stake in Vodafone Idea to allay investor concernsThe government is open to picking up a token stake in Vodafone Idea by converting a part of the dues the company owes as part of the Centre...