On the again of the ₹18,000 crore fundraise by means of a observe on supply, Vodafone Thought will stage a wise turnaround, based on Kumar Mangalam Birla, Chairman, Aditya Birla Group. Talking on the FPO itemizing ceremony, Birla stated, “This second in some methods, marks the start of Vodafone Thought 2.0. I consider {that a} … 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
Vodafone Thought’s follow-on public supply (FPO) is off to a cautious begin on day one, with simply 26 per cent of the shares on supply being subscribed. Additionally learn:Institutional traders warming as much as Voda Thought FPO? In accordance with the Bombay Inventory Change information, on the finish of day 1, the quota for certified … Read more
Vodafone Concept has raised ₹5,400 crore from near 74 anchor traders, together with GQG Companions, The Grasp Belief Financial institution of Japan, UBS, Morgan Stanley Funding Administration, Citigroup World Markets, Australian Tremendous, Constancy, Quant and Motilal Oswal. Among the many traders, GQG has taken near 26 per cent of the whole shares allotted to anchor … 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
The variety of phone subscribers in India elevated to 1,197.75 million on the finish of February, from 1,193.25 million January, thereby exhibiting a month-to-month progress charge of 0.38 per cent, Telecom Regulatory Authority of India (TRAI) stated on Monday. Additionally learn:Vodafone Thought’s ₹20,000 crore share sale to hit market quickly, roadshows garner investor curiosity The … Read more
Telecom operator Vodafone Thought’s share sale of ₹20,000 crore by means of a follow-on public supply is predicted to hit the market inside a month, sources stated. Roadshows have already drummed up assist from institutional buyers. Regardless of the large measurement of the problem, which might be contemporary fairness for the reason that firm wants … Read more
Bharti Airtel, Reliance Jio and Vodafone Concept have opposed the telecom regulator’s proposal to permit digital community operators (VNOs) to hyperlink up with a number of telecom firms in a circle. The telecom operators have argued that the regulator itself had dominated out such an association earlier. “On wanting on the final 15 years of … Read more
Vodafone Thought Ltd (VIL) knowledgeable the exchanges that American Tower Corp (ATC) has requested VIL for conversion of 14,400 OCDs amounting to ₹1,440 crore into 144 crore absolutely paid-up fairness shares of face worth of ₹10 every. “VIL will take needed actions to allot the fairness shares to ATC pursuant to the conversion of the … Read more