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2 mins read
Ahead of FPO, Vodafone Idea garners Rs 5,400 cr from anchor investors
Just ahead of its mega FPO opening to public investors, Vodafone Idea (VIL) has announced closure o…
PTI
4 mins read
After relief from Indian government, Vodafone Idea reportedly turns to banks for a loan recast
By opting for the moratorium, Vodafone Idea was able to free up its cash-flow by up to ₹60,000 c…
4 mins read
Vodafone Idea shares hit 25% upper circuit after govt agrees to convert ₹16,133 cr dues into equity
Vodafone Idea’s shares zoomed by 25% on Monday hitting an upper circuit, after the government agree…
2 mins read
Airtel and Vodafone surge after reports that government may defer AGR payments
The Indian government has reportedly approved the highly-awaited telecom relief package, offering a…
2 mins read
TRAI’s push to make mobile banking services via USSD free faces stiff opposition from Airtel, Vodafone Idea
Airtel and Vodafone Idea, India’s two leading telecom players, do not want feature phone users to u…
1 min read
About 27K employees lost jobs at Indian startups to date, over 8K this year
Chennai-based edtech startup Skill-Lync laid off employees as it consolidates operations across Che…
3 mins read
Vodafone Idea stock surges on reports of government’s telecom relief package extending AGR payment timeframe to 20 years
Shareholders of Vodafone Idea may yet get to breathe a sigh of relief as the Indian government is p…
4 mins read
Telecom companies’ Q4 revenue likely to moderate due to lack of significant tariff hikes
Indian telecom companies are likely to report a moderation in Q4 earnings amidst a lack of signific…
3 mins read
Vodafone Idea says it’s ‘barely afloat’, appeals Supreme Court to stagger spectrum payments over 20 years
During the adjusted gross revenue (AGR) spectrum dues case hearing in the Supreme Court today (June…
5 mins read
The AGR verdict could lead to a Reliance Jio and Airtel duopoly in the Indian telecom sector
“With the verdict removing a key uncertainty around the Airtel stock, the mobile market moving…
3 mins read
Vodafone Idea reportedly wants the government to release ₹15,000 crore bank guarantees ahead of its fundraising plan
With the telco opting for the four-year deferment of AGR dues, it now believes there's no need for …
3 mins read
Vodafone Idea has lost nearly a billion dollars every three months this year
Over the past nine months, Vodafone Idea posted net loss of ₹21,474 crore – that’s nearly ₹80 cr…
1 min read
Vodafone Idea posts Rs 6,439 crore loss - and half of that is interest payments
Finance costs of the company surged almost 30 per cent to ₹3,722.2 crore, while depreciation wen…
PTI
2 mins read
A survey suggests that 2 out 3 Indians are facing digital payment issues due to poor network connectivity
We have all been victims of digital payment issues at some point, from UPI apps constantly loading …
9 mins read
What if Vodafone Idea dies?
Vodafone Idea’s dire situation continues to haunt the company, its subscribers and to an extent, th…