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VI TURNAROUND PLAN
Vodafone Idea shares surge 30% in a month. Should you buy or wait for consolidation?Vodafone Idea shares have surged 30% in a month, driven by a reduction in AGR dues and the return of Kumar Mangalam Birla as chairman. Rece...- Vodafone Idea attracts steady MF buying, promoter ups stake. Time to buy, sell or hold?Vodafone Idea is witnessing steady accumulation by domestic mutual funds and promoter Kumar Mangalam Birla, even as it reports continued lo...
- Vi lines up ₹45,000-crore capex over 3 years in turnaround bidVodafone Idea is gearing up for a game-changing transformation with a whopping investment of ₹45,000 crore over the next three years. This ...
- Vodafone Idea losses decline in Q3 as revenues inch upVodafone Idea has shared promising news by reporting a narrowed net loss for its fiscal third quarter. Enhanced subscriber diversity and in...
- US PE firm TGH in talks to pump up to $6 billion into Vodafone IdeaThe New York-based investment firm is not seeking a waiver of all dues, but a restructuring of the liabilities that will give some breathin...
- Vodafone Idea raises retailer commissions to boost customer connect and regain market shareVodafone Idea increases retailer commissions. The company offers highest incentives for recharges and new SIM additions. This strategy aims...
- Bank guarantee waiver removes key impediment to Vi’s pending debt-raise: Axis CapitalVodafone Idea (Vi) is set for a major boost after the Indian government waived bank guarantees for spectrum purchases. This move is expecte...
- Vi's turnaround at risk after plan to raise ₹25,000 crore debt hits a snagVodafone Idea's financial turnaround is in jeopardy as its ₹25,000 cr debt-funding plan faces delays following the Supreme Court's AGR ruli...
- Vi to raise its marketing budget ahead of 5G launchVodafone Idea is increasing its marketing budget for the next two months to boost awareness for its upcoming 5G services launch and regain ...
- Vodafone Idea inks $3.6 billion gear deal with Nokia, Ericsson and SamsungWhile experts have termed the deal, which is the largest by any telco this year, as a significant step in terms of network capex, they feel...
- Cash-strapped Vodafone Idea snags $3.6 bn network gear deal with Nokia, Ericsson & SamsungVodafone Idea has finalized a $3.6 billion deal with Nokia, Ericsson, and Samsung to supply network equipment over the next three years. Th...
- Maximl joins hands with Indian Oil to digitise last-mile operations in refineriesThe platform has previously configured the needs of IOCL across two deployments at Panipat and Haldia Refineries
- First user gain in 15 months lifts Voda stock, but analysts cut price targets to Rs 5Analysts advise caution as they feel not everything is hunky dory for the beleaguered telecom service provider.
- Fundraising plans of Vodafone Idea hit hurdlesWhile talks between the two sides have not fallen through completely, the telecom JV between UK’s Vodafone Group and Aditya Birla Group is ...
- Telecom industry headed for strong growth: Ind-RaThe rating company said the sector turnaround is being driven by a mix of “moderation in competition intensity between the big telcos, resu...
- Hero MotoCorp Q3 results: Profit rises 14% to Rs 880 crore; firm announces Rs 65 dividendAnalysts in an ET NOW poll had projected the number at Rs 700 crore.
- Hero MotoCorp Q3 profit beats projections: Key takeawaysHero MotoCorp reported a profit of Rs 880.41 crore for December quarter compared with a profit of Rs 769.10 crore last year.
- Auto industry drives into 2020 with hope after a forgettable 2019The hope is that buyers will be back in 2020. But the challenges still appear too many or too steep, or both.
- India MRPL to shut crude unit, other facilities for from mid-Apr - sourceMRPL will be commissioning gasoline treating units to maximise production of Euro-VI compliant petrol.
- Looking at financial turnaround of SsangYong: Pawan Goenka, M&M"Now, focus will be on financial turnaround. That would require for us to continue to invest for the future. "
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