The Latest Breaking News from Abhijit Kishore

Vodafone Idea shares jump over 120% in one year. Should you buy now or avoid the multibagger?

Vodafone Idea's shares have witnessed an impressive rise of over 120 percent in the last year, fueled by a reduction of the company's adjusted gross revenue dues by the government. The return of Kumar Mangalam Birla as non-executive chairman has further strengthened investor faith. Additionally, the company has secured initial…

The Economic Times · Aug 28

Vodafone Idea reaffirms 3-year growth targets, $4.7 billion capex plan

Vodafone Idea plans double-digit revenue growth and significant network investment. The company will invest 450 billion rupees in its network over three years. Promoter support and lender conversations provide financial confidence for the roadmap. Orders for network equipment worth 90 billion rupees have already been placed. This strategy aims to…

The Economic Times · Aug 11

Vodafone Idea engaged with SBI-led consortium for debt funding: CEO

The telecom operator Vodafone Idea is in the process of raising capital from a mix of public sector and private lenders, showcasing significant advancement in its funding strategy. They have successfully closed the initial tranche amounting to Rs 6,400 crore, factoring in warrant proceeds and various debt facilities. The company…

The Economic Times · Aug 11