Vodafone Idea’s board approves fundraise of Rs 2,458 crore via stock sale
Telecom service provider Vodafone Idea, on Thursday, said that its board has approved issuance of about 166.8 crore equity shares worth Rs 2,458 crore on a preferential basis.
Telecom service provider Vodafone Idea, on Thursday, said that its board has approved issuance of about 166.8 crore equity shares worth Rs 2,458 crore on a preferential basis.
Telecom operator Vi (Vodafone Idea) on Friday announced its partnership with gaming platform CareGame to offer 5G Cloud gaming experience to its users in India.
Abhijit Kishore, chief enterprise business officer, Vi Business, said on Thursday that the company will also look at offering cloud services.
Vi said that it will continue to provide 2G services in Mumbai.
The regulator has now informed VIL that "the authority has decided not to proceed with the investigation/ further inquiry".
Shares of Vodafone Idea surged after the announcement. At 12.34 pm, its share price was Rs 12.54, higher by 4.41 per cent from the previous close.
