Vodafone latest news

Vodafone Idea in Spotlight: Board Weighs ₹2,000 Crore Lifeline from Vodafone Group!

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Vodafone Idea in Spotlight: Board Weighs ₹2,000 Crore Lifeline from Vodafone Group!

Vodafone Idea said Wednesday that its board will meet on December 9 to explore a plan to raise up to Rs 2,000 crore by giving preference to Vodafone Group companies when issuing convertible instruments or equity shares. A notification to the exchanges said that this proposed fundraising will be a part of the board’s routine … Read more

Vodafone Idea Shares Climb 2% as Q2 Loss Narrows to ₹7,176 Crore

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Vodafone Idea Shares Climb 2% as Q2 Loss Narrows to ₹7,176 Crore

Vodafone Idea Ltd’s profits increased marginally to ₹10,932 crore from ₹10,716 crore in the September quarter, while losses decreased to ₹7,175 crore from ₹8,746 crore in the same period last year. But the beleaguered telecom provider persisted in calling for additional industry-wide tariff simplification, pointing to the necessity of paying capital expenses. Due to rate … Read more