Idea Fundraising News

Companies

Vodafone Idea plans to tap global funds, pledge Indus Towers stake

Vodafone Group Plc and Aditya Birla Group plan to tap private equity and pension funds to raise $1 billion once they pump in $2.5 billion through a rights issue into Vodafone Idea

2 min read21 Dec 2018
Market

Why Vodafone Idea’s sensible plea didn’t make any sense to investors

While Vodafone Idea's fundraising plan and asset sales can't be ignored, all of this would amount to nothing unless tariffs rise

2 min read26 Nov 2018
Market

Q2 results: Grasim’s Vodafone Idea stake is proving costly

Grasim Industries's various commitments and connections mean that there are other risks to consider while buying the stock

2 min read16 Nov 2018
Market

How Vodafone Idea’s $3.5 bn fundraising will impact telecom in India

A more aggressive stance from Vodafone Idea will make the market share battle against Reliance Jio and Airtel uglier. As such, things may get worse before they get better on the profitability front

2 min read15 Nov 2018
Industry

Idea Cellular looks to raise Rs6,750 crore before merger with Vodafone India

Promoters Aditya Birla Group will infuse Rs3,250 crore in Idea Cellular, which will separately raise Rs3,000 crore ahead of a planned merger with Vodafone India

3 min read9 Jan 2018

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