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VIL to raise ₹1,980 cr through preferential issue
December 10, 2024
|The New Indian Express Mangaluru
VODAFONE IDEA (VIL), the country's third-largest telecom service provider, announced on Monday that its Board of Directors has approved the issuance of up to 176 crore equity shares on a preferential basis to raise ₹1,980 crore.
The telco will issue these shares to Omega Telecom Holdings Private Limited (₹1,280 crore) and Usha Martin Telematics Limited (₹700 crore), both Vodafone Group companies. The shares will be issued at a price of ₹11.28 per share, which represents a premium of nearly 40% over the closing price of ₹8.11 on
هذه القصة من طبعة December 10, 2024 من The New Indian Express Mangaluru.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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المزيد من القصص من The New Indian Express Mangaluru
The New Indian Express Mangaluru
Man killed, hostage drama over
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The New Indian Express Mangaluru
ChatGPT's payment portal: The new e-commerce battleground?
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3 mins
October 31, 2025
The New Indian Express Mangaluru
Canada will release stamp to honour service of Sikh soldiers in armed forces
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1 mins
October 31, 2025
The New Indian Express Mangaluru
Govt seeks legal advice on SC order to provide relief in VIL AGR dues
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1 min
October 31, 2025
The New Indian Express Mangaluru
India's singles bid ends, holder Linda stunned
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1 mins
October 31, 2025
The New Indian Express Mangaluru
Coromandel profit rises 17% to ₹816 crore
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1 min
October 31, 2025
The New Indian Express Mangaluru
IIT-M prof to lead CBSE expert panel to develop AI curriculum for Class 3
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1 mins
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The New Indian Express Mangaluru
Kotian, Suthar strikes help India A limit SA A
SOUTH Africa A resisted through a century-stand between Jordan Hermann and Zubayr Hamza, but India A spinners, led by Tanush Kotian, plucked wickets at regular intervals to keep the visitors to 299 for nine on the first day of the opening four-day match here on Thursday.
1 min
October 31, 2025
The New Indian Express Mangaluru
BSNL achieves 93% revenue target in Q2 at ₹5,347 crore, says Scindia
STATE-owned Bharat Sanchar Nigam Limited (BSNL) achieved a 93% revenue run rate in Q2, with collections of ₹5,347 crore against a target of ₹5,740 crore, said the Minister of Communication Jyotiraditya Scindia on Thursday.
1 mins
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The New Indian Express Mangaluru
Swiggy losses swell, to raise ₹10k cr via QIP
FOODTECH firm Swiggy announced on Thursday that it will consider raising ₹10,000 crore in the board meeting of November 7 through a qualified institutional placement (QIP).
1 min
October 31, 2025
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