Vodafone Idea to Raise Rs 20,000 Crore, Promoters to Pitch in as Well
Vodafone Idea's (Vi) board of directors met on Feb 27, 2024, to discuss fundraising options. In a release, the telco has confirmed that its board has decided to raise Rs 20,000 crore through equity and/or equity-linked instruments. The company will hold a shareholders meeting on April 2 to get their nod for going ahead with the fundraiser. What's major is that the telco expects to raise money in the coming... Read More