Promoters Sold Rs 87,000 Crore Of Shares

Prominent exits by promoters included a Rs 15,300 crore share sale in Indus Tower by Vodafone Plc, a Rs 9,300 crore share sale by the Tata group in Tata Consultancy Services. Illustration: Dominic......

Vodafone sells 18% stake in Indus Towers for Rs 15,300 crore

British telecom player Vodafone on Wednesday said it has sold an 18 per cent stake in Indus Towers for 1.7 billion euro (about Rs 15,300 crore). Photograph: Toby Melville/Reuters Meanwhile,......

Voda Idea plans to raise about Rs 45,000 cr via equity, debt

Vodafone Idea board on Tuesday approved a fund-raise of up to Rs 20,000 crore through a combination of equity and equity-linked instruments, the crisis-ridden telco said, adding promoters will also......

Can Voda Idea play on the front foot in a market fast resembling a duopoly?

In August 2021, Nick Read, chief executive of Vodafone Plc at the time, did not mince his words while speaking about the India business in an earnings call. Photograph: Anushree Fadnavis/Reuters......