BELEAGUERED TELECOM OPERATOR Vodafone Idea (Vi) raised â¹5,400 crore from 74 marquee investors as part of its anchor allotment ahead of the â¹18,000 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.
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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.
The year AI took centrestage
The debate if it is a blessing or a Frankenstein rages on
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
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.
Now, Musk wants you to pay 'X-tra' as premium plans
Marks the largest price increase since acquisition
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.
In a note to India, Bangladesh demands Hasina's extradition
Dhaka insists on Hasina's trial, India declines comment
Awfis Space Solutions: Sustained growth outlook
35% CAGR in seat additions during FY24-27 projected
Emami: Operating margins to improve
Bolt-on acquisitions to drive double-digit revenue growth
Siemens: Weak outlook on HVDC, Rlys
Cuts EPS forecast for FY25E/ 26/27 by 9%, 15% & 11%
