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Vi extends redemption of 1st tranche of OCDs issued to ATC to 18 months, post-allotment date

Last month, Boston-based ATC had informed the US Securities and Exchange Commission (SEC) that Vis OCDs would mature in two tranches of Rs 800 crore each on August 27, 2023 and August 27, 2024. That has now changed. ....

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Vodafone Idea shares rally 6% amid report on potential investors

Vodafone Idea's CEO in the recent earnings call noted that his company was in the process of making funding arrangements and expected to conclude discussions in the coming quarter.

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Vi shares jump over 9% on BSE amid fundraise buzz

ET reported in its August 25 edition that Vi CEO Akshaya Moondra had informed the Department of Telecommunications (DoT) that the telco has term sheets from several potential investors. ....

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Centre wants Voda Idea promoters to pump in more equity

Promoters of Vodafone Idea must infuse more funds into India’s third-largest telecom operator before the govt converts the interest on spectrum dues of ₹16,000 crore into equity, two officials aware of the development said. ....

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