Tag: Vodafone Idea
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Vodafone Idea Secures Lifeline: Government Converts Rs 36,950 Crore Dues Into Equity
Of this, 36,950 crore rupees of the dues accrued by Vodafone Idea (Vi) have been converted into equity by the Indian government. As a result, the stake has jumped from 23% to nearly 49%. Vodafone Idea will now issue 369.5 crore shares at the price of Rs 10 per share. This will be close to ... -
Vodafone Idea Share Price Soars 15% as AGR Relief Hopes Boost Investor Sentiment
The Vodafone Idea share price touched ₹14 for the first time intraday on Monday, rising 15 percent on speculation that telecom operators may get relief on adjusted gross revenue (AGR) payments. The market rumor that the central government could defer or write off the penalty and interest components of the AGR amounted to an injected ... -
5G Spectrum Auction Begins: Reliance Jio, Bharti Airtel, and Vodafone Idea Are The Three Major Bidders
From 10 a.m. today, the Department of Telecommunications has started the auction of 10,500 megahertz of mobile service radio waves in eight bands to telecom giants. Frequencies on auction across the spectrum include 900 MHz, 800 MHz, 1,800 MHz, 2,100 MHz, 2,300 MHz, 2,500 MHz, 3,300 MHz, and the 26 gigahertz (GHz) bands. Big private ... -
Vodafone Idea Shares Jump 23%, 52-Week High, After Getting Time To Repay ATC
Telecom company Vodafone Idea’s shares continued to rise for the fifth day in a row on Monday. The stock has gained 22.75% in the past five days. On this day, the stock surged by 6.79% to reach a high of ₹9.28 from its previous close of ₹8.69. 6.72 crore shares of shares were traded which ...