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VODAFONE IDEA CRISIS
Small & midcaps rally! Coforge, Ola Electric, FirstCry & other stocks jump up to 7%Small and midcap stocks rose sharply on Tuesday, lifting broader markets and outperforming benchmarks. Coforge led midcap gains, while Ola ...- Market under pressure: IT stocks face long-term headwinds as oil crisis and AI shift weigh on sentiment: Vinit BolinjkarVinit Bolinjkar of Ventura Securities advises selling IT stocks. He highlights market risks from the Hormuz Strait crisis, foreign investor...
- Vodafone Idea board to consider fundraising options on May 30Vodafone Idea's board is scheduled to convene on May 30 to deliberate on various fundraising avenues, including rights issues, public offer...
- Vodafone Idea moves SC for Rs 30,000 crore AGR dues waiver, hearing set for May 19Vodafone Idea has filed a fresh plea in the Supreme Court seeking a waiver of over Rs 30,000 crore in AGR-related dues. The telco argued it...
- Vodafone Idea moves SC seeking Rs 30,000 crore waiver on AGR dues; hearing set for May 19Vodafone Idea has approached the Supreme Court for a waiver on its Adjusted Gross Revenue dues. The company seeks relief of over Rs 30,000 ...
- Why the government is against the merger of Vodafone Idea and BSNL -MTNLVodafone Idea's shareholders would be heavily diluted since the debt owed to the government is six times the (telco’s) current market-cap, ...
- Paid licence fee dues for first quarter of 2021-22: Vodafone IdeaVIL posted a lower consolidated loss of Rs 7,319 crore for the first quarter ended June 30, 2021, against a Rs 25,460 crore loss a year ago...
- Tariff hike key to sector revival; Birla, ABG, Voda committed to supporting telco: VIL CEO"The Vodafone group are committing to providing support and guidance to the company, in line with the stated positions of both the groups,"...
- Crisis deepens: Can Vodafone Idea share price reach zero?Analysts say theoretically it is not possible, but there are some scenarios in which investors may be left with nothing in their hand. The ...
- Vodafone Idea shares tank 24% after KM Birla steps down as chairmanShares of Vodafone Idea have tanked about 45 per cent in just four days. The scrip was trading at Rs 8.35 on Friday, July 30. The counter h...
- Vodafone Idea headed for a financial crisis, needs urgent cash infusion: AnalystsThe telecom JV between UK’s Vodafone Plc and Aditya Birla Group had announced a Rs 25,000-crore fundraising plan last September via a mix o...
- Nokia, Voda Idea complete 1st phase of DSR deployment in IndiaAs part of the contract, Nokia has also deployed more than 5,500 TD-LTE massive Mimo (an advance 4G technology) cells in the 2500 Mhz spect...
- Vodafone Group flags cash flow challenges for Voda Idea, may pay Rs 285 crore by SeptemberThe second tranche will help the telco meet some of its opex or capex needs. The carrier also faces AGR based dues to the government. The c...
- DoT focuses on Covid, AGR on backburner for now“There have been no notices sent to telcos on their AGR payments or any discussions on it. Now, the focus of the Department of Telecommunic...
- Vodafone Idea may survive if AGR payment spread over minimum 15 years: AnalystsEven if payments are spread over 20 years, the telco will have to pay over Rs 5,200 crore in annual payouts.
- Vodafone Group CEO meets Telecom Minister as AGR crisis loomsVodafone Idea Ltd has said its self assessment pegs AGR liabilities at Rs 21,533 crore, which is just 41 per cent of what the government ha...
- Bharti Infratel extends Indus merger deadline to April 24Bharti Infratel's Board said that the final decision to implement the deal will take into account the impact of the current AGR crisis. The...
- Telecom biz broken, Voda Idea on brink: Former finance secretary Subhash Chandra GargOn AGR, the former secy has advised the govt to offer telcos a one-time settlement scheme to pay the principal due amount as per the AGR de...
- Voda Idea to raise mobile call, data charges from Dec 3 by up to 42%The company has announced new plans for prepaid product and services with 2 days, 28 days, 84 days, 365 days validity. A rough calculation ...
- UK's Vodafone denies any plans to exit India, says backing JV in 'çhallenging times'“Vodafone is aware of the unfounded and baseless rumours circulating in some of the Indian media that we have decided to exit the market. W...
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