Vodafone Idea Approves Rs 14,500 Crore Fund-Raising via Preferential Shares and Equity
In a new development, the board of Vodafone Idea (Vi) on Thursday has approved raising Rs 14,500 crore from its primary promoters – UK’s Vodafone Group as well as Aditya Birla Group (ABG) along with other external investors. The telecom operator is all set to raise Rs 4,500 crore which is approximately $600 million through preferential shares issued at Rs 13.30 per share to its promoters as well as related... Read More