Live
Vodafone Idea (Vi), a joint venture between Aditya Birla Group and Vodafone Group, will continue to scout for new equity investors and invest in new technologies, including fifth-generation-based technology, after the central government’s bailout package.
- Oswal Pumps, Shakti Pumps Rally on Solar Order Wins
- Glenmark, Granules Rally on US Drug Approvals
- Key Factors Behind Today’s Market Rally
- HDFC Bank Shares Climb 3% on Strong Q1 Update
- Overnight Stock Market Movements: Key Developments
The loss-making company will be saving up to Rs 23,000 crore per annum to help it tide over its immediate cash-flow crisis. “It is a big relief to both promoters that the company will not face bankruptcy as was the case before the package,” said a source close to Vi.
Stock Covered in the news
