Try GOLD - Free
Vi explores non-bank funding options for capex
The New Indian Express Kannur
|August 19, 2025
VODAFONE Idea is exploring non-bank avenues to fund its capital expenditure plans as negotiations with lenders remain stalled due to uncertainty over adjusted gross revenue (AGR) dues.
The company's outgoing CEO Akshaya Moondra, speaking during the June quarter earnings call, said while talks with banks are advancing, it is likely to take more time before they conclude.
"We are looking at non-banking sources of funding, also not the full amount of ₹25,000 crore that we have talked about, but a lesser amount so that we can continue with the capex cycle. We are trying to look at other sources of funding which would be available in a shorter time frame," said Moondra.
This story is from the August 19, 2025 edition of The New Indian Express Kannur.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Kannur
The New Indian Express Kannur
CM says rehab new path for social integration in C’garh
TEN cadres of the banned CPI (Maoist) surrendered before the police in Chhattisgarh’s Sukma on Friday, choosing to step away from violence and return to the mainstream.
1 mins
December 13, 2025
The New Indian Express Kannur
'Don't use tourist visa for purpose of giving birth': US warns Indian appliers
Indian nationals anxious with change in laws
1 min
December 13, 2025
The New Indian Express Kannur
ONE OF THE RICHEST STATES IS FAILING ITS SCHOOLKIDS
KARNATAKA Chief Minister Siddaramaiah recently received a letter from children in Pachedoddi, a hamlet in Chamarajanagar district that lies entirely off the publictransport grid.
1 mins
December 13, 2025
The New Indian Express Kannur
ED raids in three states in illegal cough syrup case, UP action on big stockists
INa major crackdown on the illegal trade in codeine-based cough syrup, the Enforcement Directorate (ED) raided 25 locations across Jharkhand, Uttar Pradesh, and Gujarat on Friday.
1 min
December 13, 2025
The New Indian Express Kannur
MahaYuti stays united, seals Maha seat deal for BMC polls
THE BJP and the Eknath Shinde-led Shiv Sena are set to contest the Brihanmumbai Municipal Corporation (BMC) elections—scheduled for next month—unitedly.
1 min
December 13, 2025
The New Indian Express Kannur
Zubeen's secy, festival organiser among 4 charged with murder
THE Assam Special Investigation Team (SIT) on Friday filed the charge sheet in the highprofile Zubeen Garg death case in the court of Chief Judicial Magistrate, Kamrup (Metro), slapping the charge of murder against four of the seven accused.
1 min
December 13, 2025
The New Indian Express Kannur
Ops to hunt terrorists in Jammu forests
AFTER a series of encounters and brief gunfights in the forest belts of Jammu region in the last six months, security forces have launched a major winter offensive to track down militants hiding in the dense and rugged forest areas.
1 min
December 13, 2025
The New Indian Express Kannur
MNREGA gets new name, 125 days of employment
SETTING the stage for a major overhaul of the country’s flagship rural jobs scheme, the Union Cabinet on Friday approved the renaming of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) to Pujya Bapu Gramin Rozgar Yojana.
1 mins
December 13, 2025
The New Indian Express Kannur
House truth: Gujarat’s road safety gap widens
FRESH Rajya Sabha and Lok Sabha data have exposed serious problems in Gujarat’s road management system.
1 mins
December 13, 2025
The New Indian Express Kannur
Police post built with stones thrown at cops during Sambhal clash opens
A newly constructed police post was inaugurated on Friday, just 100 metres away from the residences of Samajwadi Party’s Sambhal MP Zia-ur-Rahman Barg.
1 mins
December 13, 2025
Listen
Translate
Change font size