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Vodafone Idea Stake to Be Acquired by Government When Share Price Reaches Rs. 10 or Higher: Report
The government is set to acquire a stake in Vodafone Idea but only after the company s stock has settled at Rs. 10 or a higher value, according to a report citing an official source. The proposal to acquire a stake in Vodafone Idea was reportedly cleared by the finance ministry in July, and is expected to give the government a 33 percent stake in ...
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Sebi Exempts Centre From Making Open Offer To Vodafone Idea Shareholders
Sebi on Wednesday exempted the government from making an open offer to the shareholders of Vodafone Idea Ltd (VIL) pursuant to its proposed acquisition of over 33 per cent stake in the telecom operator on conversion of dues into equity.
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RCB vs CSK: Lot At Stake For Faf Du Plessis And MS Dhoni In Crucial Clash
Dhoni's return as CSK skipper replacing an out-of-sorts and more so bereft of ideas Ravindra Jadeja, proved beneficial as they outscored a formidable Sunrisers Hyderabad, keeping their campaign alive with six points from nine games.
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Vodafone Raises Stake in Vodafone Idea to 47.61 Percent
Vodafone has raised its stake in debt-ridden Vodafone Idea Limited to 47.61 percent through its subsidiary Prime Metals, a regulatory filing said on Monday. Vodafone Idea in March had announced a Rs. 14,500-crore fundraising plan, where promoters would inject Rs. 4,500 crore.
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Vi Approves Up to Rs. 14,500-Crore Fundraising, Promoters to Inject Rs. 4,500 Crore
Vi (Vodafone Idea) said its board has approved raising up to Rs. 14,500 crore, including Rs. 4,500 crore from promoter entities — Vodafone and Aditya Birla Group.
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Airtel to Acquire Vodafone’s 4.7 Percent Indus Towers Stake if Funds Are Used for Vi
Airtel said it has signed an agreement to buy Vodafone's 4.7 percent stake in Indus Towers on the condition that the proceeds will be used for investment in Vi and clearing dues of the mobile tower company.
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Vodafone Idea's Debt to Equity Conversion to Make Government Largest Shareholder With 36 Percent Stake
The government is set to become the largest shareholder of Vodafone Idea (Vi) as the company's board has approved the conversion of interest on deferred spectrum and Adjusted Gross Revenue (AGR) dues into equity.
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Kumar Mangalam Birla Offers To Hand Over Vodafone Idea Stake To Government
Aditya Birla group Chairman Kumar Mangalam Birla has offered to hand over his stake in debt-laden Vodafone Idea Ltd (VIL) to the government or any other entity that the government may consider worthy to keep the company operational.
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Vodafone Idea May Get $4 Billion Investment From Amazon, Verizon: Report
US wireless carrier Verizon Communications and Amazon.com may invest more than $4 billion for a stake in India's Vodafone Idea, the Mint newspaper reported on Thursday.
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Vodafone Idea Says ‘No Proposal’ Before Board on Stake Sale to Google
Vodafone Idea today released a clarification about a media report suggesting an investment from Google. The operator said that “no proposal as reported by the media” has been considered by the board.
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Vodafone Idea: Google Reportedly Eyeing Stake in Struggling Operator, Share Price Jumps 30 Percent
Google is exploring an investment in Vodafone Group’s struggling India business, the Financial Times reported on Thursday, citing people familiar with the matter.
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Toyota Takes Stake In Mazda, Links Up For $1.6 Billion U.S. Plant
Toyota and Mazda will be collaborating to put up a $ 1.6 billion plant in USA. The idea will be work together on electric vehicles.
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Vodafone-Idea Merger Explained in 10 Simple Points
The Vodafone-Idea merger is now official. Here's what you need to know about it right now.
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High Stakes for India's $84 Billion Airwave Auction After Vodafone Play
Many carriers struggle under debt piles left by past auctions, prompting industry bodies to caution that high prices could dampen future investment.
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Buy A Brick For Andhra's Capital: Chandrababu Naidu's Message To Children
Children should have a stake in the state's new capital: With this idea, Chief Minister Chandrababu Naidu has asked each of the state's 70 lakh students to buy a brick for Amravati. The 3 lakh teachers have also been roped into the project.
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Vodafone Idea Stake to Be Acquired by Government When Share Price Reaches Rs. 10 or Higher: Report
The government is set to acquire a stake in Vodafone Idea but only after the company s stock has settled at Rs. 10 or a higher value, according to a report citing an official source. The proposal to acquire a stake in Vodafone Idea was reportedly cleared by the finance ministry in July, and is expected to give the government a 33 percent stake in ...
-
Sebi Exempts Centre From Making Open Offer To Vodafone Idea Shareholders
Sebi on Wednesday exempted the government from making an open offer to the shareholders of Vodafone Idea Ltd (VIL) pursuant to its proposed acquisition of over 33 per cent stake in the telecom operator on conversion of dues into equity.
-
RCB vs CSK: Lot At Stake For Faf Du Plessis And MS Dhoni In Crucial Clash
Dhoni's return as CSK skipper replacing an out-of-sorts and more so bereft of ideas Ravindra Jadeja, proved beneficial as they outscored a formidable Sunrisers Hyderabad, keeping their campaign alive with six points from nine games.
-
Vodafone Raises Stake in Vodafone Idea to 47.61 Percent
Vodafone has raised its stake in debt-ridden Vodafone Idea Limited to 47.61 percent through its subsidiary Prime Metals, a regulatory filing said on Monday. Vodafone Idea in March had announced a Rs. 14,500-crore fundraising plan, where promoters would inject Rs. 4,500 crore.
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Vi Approves Up to Rs. 14,500-Crore Fundraising, Promoters to Inject Rs. 4,500 Crore
Vi (Vodafone Idea) said its board has approved raising up to Rs. 14,500 crore, including Rs. 4,500 crore from promoter entities — Vodafone and Aditya Birla Group.
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Airtel to Acquire Vodafone’s 4.7 Percent Indus Towers Stake if Funds Are Used for Vi
Airtel said it has signed an agreement to buy Vodafone's 4.7 percent stake in Indus Towers on the condition that the proceeds will be used for investment in Vi and clearing dues of the mobile tower company.
-
Vodafone Idea's Debt to Equity Conversion to Make Government Largest Shareholder With 36 Percent Stake
The government is set to become the largest shareholder of Vodafone Idea (Vi) as the company's board has approved the conversion of interest on deferred spectrum and Adjusted Gross Revenue (AGR) dues into equity.
-
Kumar Mangalam Birla Offers To Hand Over Vodafone Idea Stake To Government
Aditya Birla group Chairman Kumar Mangalam Birla has offered to hand over his stake in debt-laden Vodafone Idea Ltd (VIL) to the government or any other entity that the government may consider worthy to keep the company operational.
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Vodafone Idea May Get $4 Billion Investment From Amazon, Verizon: Report
US wireless carrier Verizon Communications and Amazon.com may invest more than $4 billion for a stake in India's Vodafone Idea, the Mint newspaper reported on Thursday.
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Vodafone Idea Says ‘No Proposal’ Before Board on Stake Sale to Google
Vodafone Idea today released a clarification about a media report suggesting an investment from Google. The operator said that “no proposal as reported by the media” has been considered by the board.
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Vodafone Idea: Google Reportedly Eyeing Stake in Struggling Operator, Share Price Jumps 30 Percent
Google is exploring an investment in Vodafone Group’s struggling India business, the Financial Times reported on Thursday, citing people familiar with the matter.
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Toyota Takes Stake In Mazda, Links Up For $1.6 Billion U.S. Plant
Toyota and Mazda will be collaborating to put up a $ 1.6 billion plant in USA. The idea will be work together on electric vehicles.
-
Vodafone-Idea Merger Explained in 10 Simple Points
The Vodafone-Idea merger is now official. Here's what you need to know about it right now.
-
High Stakes for India's $84 Billion Airwave Auction After Vodafone Play
Many carriers struggle under debt piles left by past auctions, prompting industry bodies to caution that high prices could dampen future investment.
-
Buy A Brick For Andhra's Capital: Chandrababu Naidu's Message To Children
Children should have a stake in the state's new capital: With this idea, Chief Minister Chandrababu Naidu has asked each of the state's 70 lakh students to buy a brick for Amravati. The 3 lakh teachers have also been roped into the project.
