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Vodafone Idea

HUGE Layoffs: THIS company to fire employees soon; Read details here

The global telecommunications company, which employs some 104,000 people worldwide, intends to let go of hundreds of staff members, mostly from its London headquarters.

Jan 15, 2023, 17:41 PM IST

Shares of Vodafone Idea tank by 5.13% on Monday

Telecom operator Vodafone Idea had sought at least Rs 70 billion in emergency funds from local banks, which are however reluctant to extend fresh loans, according to media reports.

Jan 09, 2023, 20:57 PM IST

Voda Idea gets board nod to raise Rs 1,600 cr from ATC via equity convertible debt bonds

The optionally convertible, unlisted, unsecured and unrated debentures (OCDs) will carry a coupon rate of 11.2 per cent per annum, payable semi-annually during its term.

Oct 21, 2022, 21:20 PM IST

5G launch: PM Modi launches 5G services at 6th IMC

5G launch: PM Narendra Modi launched the 5G services in India and inaugurated India Mobile Congress at Pragati Maidan in Delhi at 10 am today.

Oct 01, 2022, 08:53 AM IST

Vodafone Idea says industry needs tariff increases at regular intervals

Vodafone Idea Ltd says the industry needs to raise mobile tariffs at regular intervals as the sector still operates at unsustainably low prices and revisions will allow it to generate reasonable returns and support future investments.

Aug 07, 2022, 18:34 PM IST

Airtel, Vodafone Idea may increase prices of prepaid plans by Diwali: Details here

Airtel and Vodafone Idea stated in November 2021 that they would be hiking prepaid charges by up to 20%-25%.

May 24, 2022, 16:07 PM IST

Vodafone Idea net loss narrows to Rs 6,563 crore, stock jumps 4%

Vodafone Idea had reported a consolidated net loss of Rs 6,563 crore for the fourth quarter of 2021-22.

May 11, 2022, 11:36 AM IST

Vodafone Idea offers THESE affordable prepaid plans: Deets inside

The prices for these plans are Rs. 29, Rs. 39, Rs. 98, Rs. 195, and Rs. 319.

May 01, 2022, 13:42 PM IST

Vodafone Idea shareholders approve Rs 14,500 crore fundraise proposal

Vodafone Idea (VIL) had placed special resolution of issue of equity shares worth Rs 4,500 crore to the group firms of promoters Vodafone and Aditya Birla Group for transaction at the EGM.

Mar 26, 2022, 22:42 PM IST

Vodafone Idea realigns consumer digital function to drive operational scale, pace of delivery

The digital function, under her leadership, delivered notable progress on various parameters and objectives.

Feb 26, 2022, 17:12 PM IST

Vodafone Idea's board to meet on Mar 3 to discuss fundraising

The company's trading window will remain close till 48 hours from the conclusion of the board meeting and open on March 6, the filing said.

Feb 25, 2022, 23:16 PM IST

Airtel to acquire Vodafone's 4.7% stake in Indus Towers if funds are used for VIL

Bharti Airtel has signed an agreement to buy Vodafone's 4.7 per cent stake in Indus Towers on the condition that the proceeds will be used for investment in Vodafone Idea and clearing dues of the mobile tower company.

Feb 25, 2022, 17:27 PM IST

Vodafone looks to sell stake worth $2.5 billion in Indus Towers

The development comes after a challenging period for Vodafone in India, where its local arm, Vodafone Idea, has faced intense competition and lost millions of wireless subscribers to rivals.

Feb 23, 2022, 18:03 PM IST

Vodafone Idea Q3 FY22 loss widens to Rs 7,231 crore

Vodafone Idea reported widening of its consolidated loss to Rs 7,230.9 crore for the third quarter ended December 2021.

Jan 21, 2022, 20:24 PM IST

Govt to become biggest shareholder in Vodafone Idea; company approves conversion of spectrum interest, govt dues into equity

Following the conversion into equity, the Indian government is expected to hold about 35.8% of the total outstanding shares of Vodafone Idea. Promoter shareholders Vodafone Group would hold around 28.5% and Aditya Birla Group around 17.8%.

Jan 11, 2022, 10:23 AM IST