Vodafone Idea share price today: The stock was trading 4.38 per cent lower at Rs 13.76. The capital raising committee of telecom operator on Monday approved the allotment of 16,36,36,36,363 shares of face value Rs 10 each at Rs 11 per share.
The equity and debt fund raising will enable the Company to make investments towards significant expansion of 4G coverage, 5G network rollout, and capacity expansion, the company stated.
Torrent Pharma is reportedly in talks to form a consortium and raise $1.2-1.5 billion from CVC Capital Partners as it is looking to put together a $7 billion or Rs 60,000 crore financing package to acquire rival Cipla. CVC could turn out to be Torrent’s lead partner. The development has not yet been confirmed by the group.
Top stocks of the week: Bulls continued their dominance at Dalal Street as benchmark indices managed to settle higher for another trading session on Friday. Watch this Visual Story to check top stocks of the week.
Top Stocks of the week: Domestic benchmark indices BSE Sensex, NSE Nifty extended their gains for the straight sixth session on Friday. From IRFC, Coal India, BHEL to Vodafone Idea, PFC and more, watch this Business Today Visual Story to check top stocks of the week.