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November 2, 2023
The expanded surveillance in the world's most populous democracy has alarmed privacy advocates.
November 1, 2023
This is in addition to the intervention on the Rs 99 prepaid plans by Vodafone Idea which was expanded to 15 circles in mid-August, the company said.
October 31, 2023
Vodafone Idea plans to launch converged offerings to compete with Reliance Jio and Bharti Airtel. The company has partnered with You Broadband for mobility, broadband, and content as a unified offering called Vi One in 12 cities. Analysts suggest Vodafone Idea has a better chance of surviving through the first half of 2025-26 without significant fundraising due to improvements in operations.
October 31, 2023
“We would like to reiterate that (we) continue to have a disproportionate focus to build a digital ecosystem with our partners enabling a differentiated experience for Vi users which will help us drive consumer stickiness as well as providing incremental monetization opportunities,” Vodafone Idea chief executive Akshaya Moondra said in the earnings call.
October 30, 2023
Vodafone Idea is set to finalize its equity funding talks in the ongoing quarter, followed by additional lending from banks, according to CEO Akshaya Moondra. Moondra revealed that discussions with equity investors have progressed since the last quarter. He also mentioned that one promoter who committed to providing financial support of up to Rs 2,000 crore has yet to inject the funds. However, Moondra clarified that the equity-linked funding being discussed is not dependent on promoter infusio...
October 30, 2023
Vodafone Idea: “We have made progress (in fundraising conversations) since the last earnings call. I expect that we will be able to conclude the discussions relating to the equity investor in this quarter, which I had indicated in the last quarter,” Moondra said on the company’s fiscal second-quarter earnings call held on Monday afternoon.
October 26, 2023
Indian telecom operator Vodafone Idea reported a wider-than-expected loss on Thursday, due to subscriber loss and increased expenses. Consolidated loss after tax was 87.38 billion rupees...
October 21, 2023
In a world where the corporate landscape has traditionally been male-dominated, Indian women have been making remarkable strides in the business arena. Here,
October 18, 2023
Bharti Airtel: No potential tax demand estimates for Vodafone Idea (Vi) were immediately available as the telco has been running losses since the merger in August 2018. "Any retrospective demands pertaining to any past tax payment shortfalls can only be based on a review of the pre-merger financials of erstwhile Vodafone India and Idea Cellular, when they were profitable," said an analyst at a global brokerage.
October 18, 2023
Indias top telcos are expected to file a review petition against the Supreme Courts ruling to treat licence fees as a capital expenditure that could potentially prompt authorities to raise hefty retrospective demands, including penalties on operators for tax payment shortfalls of past periods.