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Vodafone, Indus Towers
Vodafone Idea, Indus Towers shares jumped up to 5% in fag-end trade today; here's why
VIL stock surged 5 per cent to hit an intraday high of Rs 8.62. It eventually settled 2.44 per cent up at Rs 8.41. Indus Towers, on its part, rose 2.19 per cent to hit a high of Rs 361.35. The scrip finally closed with 1.
Vodafone to sell 3% stake in Indus Towers to clear debt
British telecom company Vodafone will sell 3 per cent stake in Indus Towers to clear its debt of $101 million or about Rs 856 crore and use the residual amount to pay outstanding dues of its Indian venture Vodafone Idea.
Vodafone Idea, Indus Towers shares jump up to 5% around market closing time. Here's why
Vodafone PLC will sell its remaining 3% stake in Indus Towers to repay Vodafone Idea's debt. The proceeds may also be used to invest in Vi's new equity issue. This news boosted shares of both Vodafone Idea and Indus Towers.
Vodafone to sell 3 pc stake in Indus Towers for ₹2,841 cr to clear debt, part payment of Vi dues
New Delhi, Dec 4 (PTI) British telecom company Vodafone will sell 3 per cent stake in Indus Towers to clear its debt of USD 101 or about ₹ 856 crore and use the residual amount to pay outstanding dues of its Indian venture Vodafone Idea.
Vodafone to sell 3% stake in Indus Towers
Vodafone Group Plc announces that it has launched a placing of its remaining 79.2 million shares in Indus Towers Limited representing 3.0% of Indus' outstanding share capital through an accelerated book build offering.
UK's Vodafone to sell remaining 3% stake in India's Indus Towers
Vodafone Group will sell its remaining 3% stake in Indian telecom infrastructure developer Indus Towers, the British telecom group said on Wednesday. The British firm said it has launched a placing of its remaining 79.
Vodafone Group to Sell 3.0% of Indus Towers
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client relationships and build investor experiences. Learn More. Back To Top
Vodafone To Sell 3% Stake In Indus Towers; To Use Proceeds For... - Details
British telecom company Vodafone will sell 3 per cent stake in Indus Towers to clear its debt of USD 101 million or about Rs 856 crore and use the residual amount to pay outstanding dues of its Indian venture Vodafone Idea.
moneycontrol.com
15m
Vodafone Idea to consider up to Rs 2,000 crore fund raise on December 9 through a preferential issue to promoter group
Vodafone
Idea
will on Monday, December 9, consider a proposal to raise up to Rs 2,000 crore through a preferential equity ...
11m
on MSN
Stocks in news: Vodafone Idea, Indus Towers, Torrent Pharma, Bharat Forge, Indraprastha Gas
PG Electroplast launched a qualified institutional placement to raise up to Rs 1,500 crore. The indicative issue price is at ...
indianweb2.com
4h
Vodafone Idea Plans Rs 2,000 Crore Fundraising via Equity Shares or Convertible Securities
Vodafone Idea has announced plans to raise Rs 2,000 crore through the issuance of equity shares or convertible securities on ...
moneycontrol.com
15h
Vodafone Idea's revenue market share dropped to record low in Q2: Analysts
Vodafone
Idea
’s revenue market share dropped to an all-time low of 14.5 percent in the second quarter, losing ground across all 22 telecom circles, Jefferies has said, analysing TRAI data. The ...
MediaNama
1d
After Airtel, Vodafone Idea launches AI-Powered Spam Filter
Vodafone Idea has launched new AI-powered spam detection tech which marks messages as 'Suspected Spam' to alert users.
1d
Vodafone Idea (Vi) Introduces AI-Powered Spam SMS Identification System to Protect Users from Scams
With the new AI system, Vi says it will continuously analyse incoming SMS to identify potential threats, including fraudulent ...
2d
on MSN
Vodafone Idea, Bharti Airtel shares: Ratings, stock price targets & outlook
JM said for Vodafone Idea to turn around into a sustainable telco, it might need multiple significant tariff hikes that can ...
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