VODAFONE IDEA SHARES DOWN BY 16 PERCENT AFTER WITNESSING AN UNPRECEDENTED RUN

Highlights

• Vodafone Idea shares surged 129 percent in last 10 sessions, following reports of Google eyeing a stake of 5 percent in the telecom company

• Vodafone Idea had clearly stated that no such proposal is in front of the board of the firm

• Acc...

VODAFONE IDEA SHARE PRICE JUMPS 20 PERCENT, YIELDS 129 PERCENT IN 10 SESSIONS

Highlights

• On May 26, 2020, the price of Vodafone Idea share was Rs 5.50 which has been now jumped to Rs 12.62 after touching intraday high

• Share price of Vodafone Idea started witnessing rise in its share price after reports claimed that Google is willing to buy...

Vodafone to not use rights issue proceeds for spectrum payments after DoT relief

NEW DELHI: Vodafone Idea Ltd Board of Directors has approved the company's proposal to amend the use of its proceeds from the rights issue, including interest, by using TER2,826 crore to repay loans, to reimburse non-convertible debentures. That follows a two-year moratorium on late payment l...

Telecoms tank at the market

The telecom companies in India have been under significant problems with the spectrum allotment scams and the bribery and the 2G scandal, all these have given the telecom sector a bad a name and a bad reputation that it has not been able to shake up and get their businesses in order to earn profi...

Voda-Idea bonds on the rise

Bonds have been investors' favorite as they have high yields and better dividends than stocks. Trading in bonds is quite popular and is done by the experienced traders and brokers as they are not volatile, and their payout is the yields that they earn, not the sellout price like that of the s...