Vodafone Idea (Vi) has requested the Department of Telecommunications (DoT) to reduce its securitization or bank guarantee ...

The Indian government will increase its stake in Vodafone Idea to approximately 48.99% by converting 369.5 billion rupees ($4 ...

The government has directed Vodafone Idea to issue 3,695 crore equity shares of the face value of ₹10 each. Debt-ridden Vodafone Idea Ltd received another lifeline as the government decided to ...

It may be better to declare Vodafone Idea bankrupt and find a new owner through the resolution process, writes Deepak Shenoy ...

(Reuters) - The Indian government will increase its stake in Vodafone Idea to approximately 48.99% by converting 369.5 billion rupees ($4.3 billion) in outstanding spectrum auction dues into ...

The government will convert Vodafone Idea's outstanding spectrum auction dues into equity shares worth Rs 36,950 crore, ...

Though the move will help improve Vi's cash flows, it needs to halt its subscriber base erosion, raise debt funding quickly ...

The regulatory filing stated that the Ministry of Communications has directed Vodafone Idea to issue 3,695 crore shares with ...

The company has been directed to issue 3,695 crore equity shares of the face value of ₹10 each at an issue price of ₹10 each within a period of 30 days. Vodafone Idea’s shares had closed ...

The government is already the largest shareholder in the telecom company, according to LSEG data. Vodafone Idea - formed by a merger between the Indian arm of the UK's Vodafone Group and Aditya Birla ...

calculated on a net present value (NPV) protected basis. This conversion would potentially increase the government's stake in Vodafone-Idea from the current 22.6% to 49%, including a proposed ...

Vodafone Idea - formed by a merger between the Indian arm of the UK's Vodafone Group and Aditya Birla Group's Idea Cellular in 2018 - said its initial investors will continue to have operational ...