The Indian government will convert an additional ₹36,950 crore of Vodafone Idea's (Vi) spectrum auction dues into equity, ...

The government has agreed to raise stake in Vodafone Idea to 48.99 per cent with fresh acquisition of shares worth Rs 36,950 crore in lieu of outstanding spectrum auction dues, the company said in a ...

In December, the company announced a plan to raise up to Rs 1,980 crore through the issue of preferential shares.

The Indian government will increase its stake in Vodafone Idea to approximately 48.99% by converting 369.5 billion rupees ($4 ...

Vodafone's spectrum auction dues worth Rs 36,950 crore will be converted into equity by the government, which will increase ...

The Indian government is set to increase its stake in Vodafone Idea or VIL from 22.60 per cent to approximately 48.99 per ...

The government’s equity ownership in Vodafone Idea will increase to 48.99%. This action is part of broader support to help ...

The Ministry of Communications on March 29 directed Vodafone Idea to issue equity shares worth ₹36,950 crore to the ...

The Ministry of Communications directed Vodafone Idea to issue equity shares worth ₹36,950 crore to the government.

Following the issuance, the government’s holding will jump from 22.60% to approximately 48.99%. Despite the increased stake, ...

Ministry of Communications to invest ₹36,950 crore in Vodafone Idea, raising stake to 48.99% through equity shares.