Vodafone Idea to raise ₹1,980 cr from parent
Financial Express Lucknow|December 10, 2024
VODAFONE IDEA ON Monday said its board has approved the issuance of up to 1.75 billion shares on a preferential basis to two Vodafone Group entities to raise up to ₹1,980 crore.
REUTERS
Vodafone Idea to raise ₹1,980 cr from parent

The debt-ridden telecom company pegged the issue price at ₹11.28 per equity share.

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Denne historien er fra December 10, 2024-utgaven av Financial Express Lucknow.

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FLERE HISTORIER FRA FINANCIAL EXPRESS LUCKNOWSe alt
Financial Express Lucknow

A middle-class meltdown

Economic shift, stagnating real income post Covid weigh on spending on daily items

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3 mins  |
December 25, 2024
Financial Express Lucknow

Shyam Benegal cremated with full state honours

Veteran filmmaker Shyam Benegal, a pioneer of India’s parallel cinema movement, was cremated with full state honors on Tuesday.

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1 min  |
December 25, 2024
Financial Express Lucknow

Champions Trophy: India to play Pakistan on Feb 23

INDIA WILL PLAY all their matches of the Champions Trophy in Dubai with the marquee clash against arch-rivals Pakistan scheduled on February 23, the International Cricket Council (ICC) announced on Tuesday.

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1 min  |
December 25, 2024
Financial Express Lucknow

Net gains: Secured Virat, cautious Rohit gear up

INDIA GOT A chance to bat in the nets on fresher pitches on Tuesday, their last day of training as Christmas day is a rest day for them.

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1 min  |
December 25, 2024
Financial Express Lucknow

Local satellites push draws 30 aspirants

The applicants for INSPACe's latest effort in this regard include startups such as Google-backed Pixxel and Baring Private Equity-backed SatSure, as well as larger entities like Tata Group's Tata Advanced Systems.

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1 min  |
December 25, 2024
Financial Express Lucknow

₹2-cr fine on Deloitte Haskins for Zee audit

In September 2018, the chairman of ZEEL, who is also the promoter of Essel Group of Companies, issued a letter to Yes Bank, and committed ₹200 crore of fixed deposit (FD) of ZEEL as a guarantee for the loans given by the bank to group company Essel Green Mobility.

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1 min  |
December 25, 2024
Financial Express Lucknow

Labour-intensive exports: Gains likely to be short-lived

India's textile export growth is likely to be short-lived despite a recent surge, driven by factors such as a volatile rupee and instability in neighboring Bangladesh. While this presents opportunities, long-term gains require competitiveness and product diversification.

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2 mins  |
December 25, 2024
Financial Express Lucknow

Economists for FTAs, land & labour reforms

RCEP was signed by the group of countries in November 2020 except India.

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1 min  |
December 25, 2024
Financial Express Lucknow

Uniting for greater good

COLLABORATIVE PHILANTHROPY IS not a new idea. History has many examples of communities coming together for the common good.

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4 mins  |
December 25, 2024
Financial Express Lucknow

EAM in US to boost bilateral ties

IN WHAT IS expected to be the first high-level contact between the incoming Trump 2.0 administration and the Indian government in its third term, external affairs Minister S Jaishankar is likely to meet the new Trump team in the US.

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1 min  |
December 25, 2024