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NEW DELHI (Reuters) -Vodafone Idea's shares fell to their lowest level in over a year, a day after its billionaire non-executive chairman stepped down, fuelling concerns that the Indian wireless ...
The issue will increase the number of Vodafone Idea shares by 229 percent, diluting it to 28.74 billion outstanding shares. Promoters Vodafone Group PLC of Britain and India's Aditya Birla Group ...
Shares of Vodafone Idea fell by more than 23% on Friday after India’s apex court ordered the country’s second-largest telecom operator and Airtel, the third-largest telecom network, to arrange ...
Vodafone Idea, in acronym Vi, is an Indian telecommunications company, headquartered in Mumbai and Gandhinagar. [ 6 ] [ 7 ] [ 8 ] It is an all-India integrated GSM operator offering mobile telephony services.
Under the terms of the deal, the Vodafone Group holds a 45.2% stake in the combined entity, the Aditya Birla Group holds 26% and the remaining shares will be held by the public. [ 15 ] On 7 September 2020, Vodafone Idea unveiled this new brand identity , Vi, which involved the integration of the company's erstwhile separate brands Vodafone ...
Aditya Birla Sun Life Asset Management Company Ltd. (ABSLAMC), formerly known as Birla Sun Life Asset Management Company Limited, is an investment managing company registered under the Securities and Exchange Board of India. It is a joint venture between Aditya Birla Capital of India and Sun Life Financial Inc. of Canada.
On 5 December, Vodafone Group Plc sold the remaining 3.05% stake permanently exiting the company. The stake sale will be used to pay $101 million owed to indian banks & the remaining money will be used to subscribe to preferred shares of Vodafone Idea which will be used to reduce vi's outstanding debt with Indus Towers.
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