Indiabulls Housing fell 12% in early deals as the RBI has rejected its proposed merger with Lakshmi Vilas BankConcerns over exposure to stressed sectors, especially housing finance companies (HFC), dragged Yes Bank's stock 3% lower
1 min read10 Oct 2019The latest subscriber data, released by TRAI, showed Vodafone Idea leading with 38 crore subscribersIt was followed by Reliance Jio with 33.98 crore, and Airtel with 32.85 crore users
1 min read19 Sep 2019Vodafone Idea shares fell as much as 5.17% to ₹34.85 per share on NSE. Bharti Airtel shares declined 1.5% to ₹307.95 per share
1 min read3 Jan 2019CRISIL downgraded the rating on NCDs of ₹6,000 crore and reaffirmed its rating on commercial paper of ₹2000 crore of erstwhile Vodafone Mobile Services
1 min read30 Nov 2018Vodafone Idea CEO Balesh Sharma said all the three operators are burning cash and no one can expect them to invest in such a situation
1 min read22 Nov 2018Vodafone Idea plans to invest Rs27,000 crore in 2019-20, supported by savings of around Rs14,000 crore that it expects to come from synergising operations of merged entities
1 min read22 Nov 2018A 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 2018Vodafone Idea said its board is evaluating ways to raise the capital in which promoters Vodafone Group will chip in Rs11,000 crore and Aditya Birla Group Rs7,250 crore
1 min read14 Nov 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared