Vi FPO: Foreign players invest big; about ₹5,400 crore raised
Financial Express Mumbai|April 18, 2024
GQG, Fidelity buy almost 40% of the anchor investor portion

BELEAGUERED TELECOM OPERATOR Vodafone Idea (Vi) raised ₹5,400 crore from 74 marquee investors as part of its anchor allotment ahead of the ₹18,000 crore follow-on public offer (FPO) on Thursday, indicating strong interest from institutional investors for the secondary share sale.

Foreign investors, particularly GQG Partners and Fidelity, showed big interest in the issue.

هذه القصة مأخوذة من طبعة April 18, 2024 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة April 18, 2024 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من FINANCIAL EXPRESS MUMBAI مشاهدة الكل
Shyam Benegal, pioneer of parallel cinema, dies
Financial Express Mumbai

Shyam Benegal, pioneer of parallel cinema, dies

JUST WHEN MAINSTREAM Hindi cinema stepped into an exciting new phase with the rise of the 'Angry Young Man' in the '70s, Shyam Benegal made a stunning debut as the writer and director of Ankur (The Seedling, 1974), propelling the parallel cinema movement in India.

time-read
2 mins  |
December 24, 2024
Financial Express Mumbai

The year AI took centrestage

The debate if it is a blessing or a Frankenstein rages on

time-read
4 mins  |
December 24, 2024
Financial Express Mumbai

US launches new probe into legacy Chinese chips

The effort could offer Trump a ready avenue to begin imposing some of the hefty 60% tariffs he has threatened on Chinese imports

time-read
1 min  |
December 24, 2024
Financial Express Mumbai

UK insurer Aviva to shed up to 2,300 jobs in $4.65-billion deal

British insurer Aviva could cut up to 2,300 jobs as it takes over smaller rival Direct Line in a 3.7 billion pound ($4.65 billion) cash-and-stock deal, the companies said on Monday, creating the UK's largest home and motor insurer.

time-read
2 mins  |
December 24, 2024
Financial Express Mumbai

Now, Musk wants you to pay 'X-tra' as premium plans

Marks the largest price increase since acquisition

time-read
1 min  |
December 24, 2024
Govt schools can fail class 5, 8; no-detention policy ends
Financial Express Mumbai

Govt schools can fail class 5, 8; no-detention policy ends

THE CENTRE HAS scrapped the no-detention policy in schools governed by it, including Kendriya Vidyalayas and Jawahar Navodaya Vidyalayas, allowing students of Classes 5 and 8 to be held back from the ongoing academic session.

time-read
1 min  |
December 24, 2024
In a note to India, Bangladesh demands Hasina's extradition
Financial Express Mumbai

In a note to India, Bangladesh demands Hasina's extradition

Dhaka insists on Hasina's trial, India declines comment

time-read
2 mins  |
December 24, 2024
Awfis Space Solutions: Sustained growth outlook
Financial Express Mumbai

Awfis Space Solutions: Sustained growth outlook

35% CAGR in seat additions during FY24-27 projected

time-read
1 min  |
December 24, 2024
Emami: Operating margins to improve
Financial Express Mumbai

Emami: Operating margins to improve

Bolt-on acquisitions to drive double-digit revenue growth

time-read
1 min  |
December 24, 2024
Siemens: Weak outlook on HVDC, Rlys
Financial Express Mumbai

Siemens: Weak outlook on HVDC, Rlys

Cuts EPS forecast for FY25E/ 26/27 by 9%, 15% & 11%

time-read
2 mins  |
December 24, 2024