Beleaguered telecom operator Vodafone Idea Ltd shares gained on Tuesday, August 19, after the firm shared its plan to explore fundraising plans to fund its capex in its post-earnings call with analysts and investors. However, brokerages remained concerned amid delays, coupled with falling market share.Vodafone Idea is exploring non-bank avenues for its capital expenditure plans, as negotiations wi...

Indus Towers reported a 9.8 percent on-year drop in net profit to Rs 1,737 crore for the June quarter, as surging power, fuel, employee and maintenance costs eroded margins, even as revenue rose and cash-strapped Vodafone Idea resumed timely payments.The passive infrastructure company, now a Bharti Airtel subsidiary, posted a 9.1 percent revenue growth to Rs 8,058 crore, but total expenses jumped ...

Shares of drone manufacturers Ideaforge Technology, Droneacharya Aerial Innovations, Paras Defence, and Zen Technologies surged by as much as 17 percent on May 9, following rising tensions between India and Pakistan. During the trading session, stocks of Droneacharya and Zen Technologies also hit their 5 percent upper circuits.In addition to the rally in drone stocks, other defence-related shares ...

Vodafone Idea witnessed a major stake reshuffle on Friday, with Nokia Solutions and Networks India offloading nearly 1 percent of its holding in the company. According to bulk deal data from the NSE, Nokia sold 102.7 crore shares, amounting to a 0.95 percent stake, for Rs 785.67 crore. The shares were sold at an average price of Rs 7.65 apiece.Global investment giant Goldman Sachs emerged as a key...

Beleaguered telecom operator Vodafone Idea Ltd. (VI) shares jumped 10 percent during the opening session on April 1 after the firm announced the Central government will convert its outstanding spectrum dues into equity shares. Further, shares of Indus Towers also jumped seven percent.VI will issue 3,695 crore equity shares at a price of Rs 10 per share, converting dues to stock worth Rs 36,950 cro...