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Vodafone Idea to raise $2.16 bn via India's biggest follow-on stock offering

TMT

12 April, 2024

Vodafone Idea to raise $2.16 bn via India's biggest follow-on stock offering

Indian telecom operator Vodafone Idea said on Friday it would raise up to 180 billion rupees ($2.16 billion) later this ......

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Grapevine: Vodafone Idea explores equity raise; Cult.fit raises fresh capital

General

27 February, 2024

Grapevine: Vodafone Idea explores equity raise; Cult.fit raises fresh capital

Vodafone Idea is considering an equity raise from new investors, potentially diluting stakes of existing shareholders such as Vodafone Group ......

Vodafone looks to sell stake worth $2.5 billion in Indian cell tower firm

TMT

23 February, 2022

Vodafone looks to sell stake worth $2.5 billion in Indian cell tower firm

Britain's Vodafone is looking to sell its entire 28.1% stake in Indus Towers Ltd, India's largest cell tower firm, the ......

upGrad onboards edtech unicorn Eruditus' exec as Vice President

People

07 January, 2022

upGrad onboards edtech unicorn Eruditus' exec as Vice President

Ronnie Screwvala’s upGrad, which joined India’s unicorn club with $1.2 billion valuation in August last year, has appointed edtech unicorn ......

Banks call on government to ease pressure on Vodafone Idea

TMT

14 September, 2021

Banks call on government to ease pressure on Vodafone Idea

Banks led by State Bank of India (SBI) have called on the Indian government to give debt-laden Vodafone Idea more ......

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Why investors have been unable to rescue India's large telecom companies?

TMT

10 August, 2021

Why investors have been unable to rescue India's large telecom companies?

India's third-largest telecom services provider, Vi (formerly Vodafone Idea), has become yet another example of investor ennui that has cost ......

Indian bankers in talks as court rulings threaten over $6 bn in loans

Finance

09 August, 2021

Indian bankers in talks as court rulings threaten over $6 bn in loans

Informal talks are taking place to deal with the fall-out from two rulings by India's Supreme Court that threaten the ......

Grapevine: CarTrade to file draft papers for IPO; Mogae Media buys Rediffusion

General

03 May, 2021

Grapevine: CarTrade to file draft papers for IPO; Mogae Media buys Rediffusion

Auto classifieds platform CarTrade is set to file draft papers for an initial public offering (IPO), two people told Mint.  “CarTrade ......

Grapevine: Vi dials KKR, Carlyle, others; Cred to become unicorn

General

16 March, 2021

Grapevine: Vi dials KKR, Carlyle, others; Cred to become unicorn

After the recent fundraising talks with an Oak Hill-led consortium went sour, Vi (Vodafone Idea) has dialled other US-based private ......

Reliance Jio shops for $8 bn in airwaves auction

TMT

02 March, 2021

Reliance Jio shops for $8 bn in airwaves auction

Reliance Jio Infocomm, the telecoms company backed by tycoon Indian billionaire Mukesh Ambani and tech giants Facebook and Google, won ......