Idea Cellular to raise Rs 2000 crore more to fund 4G expansion in India
Idea Cellular on Tuesday informed the stock exchanges that it is planning to raise Rs 2,000 crore from the market by selling corporate bonds or issuance of unsecured Redeemable Non-Convertible Debentures (“NCDs”). The telco had earlier raised a total of Rs 3,000 crore through the same route. Earlier this month, Idea raised Rs 1000 crore and Rs 500 crore by selling corporate bonds. It had last month raised Rs 1,500... Read More
