Vodafone Concept has acquired in-principle approval for ₹14,000 crore from a consortium of banks led by the State Financial institution of India. Sources within the know instructed businessline {that a} consortium of assorted PSU banks and two main non-public sector banks has given in-principle approval of those funds. Earlier within the yr, Vodafone Concept instructed its shareholders … Read more
With the intention to help competitors within the telecom sector, the federal government is extending its help to Vodafone Thought’s fund elevating by comply with on public providing (FPO), Finance Secretary TV Somanathan mentioned on Tuesday. The FPO is opening on April 18. With over 32 per cent stake, the federal government is the most … Read more
As we had talked about in our replace on Vodafone Thought FPO in bl.portfolio final week, a profitable conclusion of the ₹18,000-crore FPO that opened on April 18, and closes on April 22, will guarantee it survives comfortably for the subsequent two years not less than. The subsequent two years will likely be a part … Read more
In an effort to assist competitors within the telecom sector, the federal government is extending its assist to Vodafone Concept’s fund elevating by means of observe on public providing (FPO), Finance Secretary TV Somanathan stated on Tuesday. The FPO is opening on April 18. With over 32 per cent stake, the federal government is the … Read more
Vodafone Thought Restricted authorized an extra public providing (FPO) of fairness shares, aggregating as much as ₹18,000 crore. The capital elevating committee has additionally authorized the value band for the FPO issuance. In accordance with the corporate, at ₹11, the upper finish of the value band, represents a reduction of roughly 26 per cent in … Read more