Vodafone Idea Gets $1 Billion Soft Commitment from Investors: Report
Vodafone Idea (Vi) has reportedly received a $1 billion (Rs 8,300 crore) soft commitment from investors. The money will be raised against equity here and will be a part of the Rs 45,000 crore fundraising of the telco. Vi is trying to raise money through debt and equity instruments. According to a Zeebusiness report, the telco has been provided with a soft promise, which also includes money from the promoters.... Read More