Search result for 'spectrum auction dues'

Telecom Department not planning AGR relief for Vodafone Idea. Govt is largest shareholder after debt conversion.

India's Communications Minister Jyotiraditya Scindia says the government won't increase its stake in Vodafone Idea beyond 49%, emphasizing the telco's responsibility to improve performance.

Vodafone Idea has issued 3,695 crore shares worth Rs 36,950 crore to DIPAM, following the government's conversion of its spectrum auction dues into equity. The government now holds 48.99% stake in...

Sebi has exempted the government from making an open offer to Vodafone Idea shareholders after converting spectrum dues into equity, raising its stake to nearly 49%.

India's government converts Vodafone Idea's spectrum dues into equity, easing near-term liquidity but structural challenges remain. Analysts say tariff hikes and debt raise are crucial for the...

Vodafone Idea shares jumped 10% after the Indian government announced it will acquire a significant stake in the company, converting spectrum auction dues into equity shares. The government's stake...

India's government converts Rs 36,950 crore of Vodafone Idea's dues into equity, offering significant cash flow relief and helping the telco complete its long-delayed bank debt raise. Citi views...

The Indian government will increase its stake in Vodafone Idea to 49% by converting spectrum auction dues into equity shares worth Rs 37,000 crore. This move aims to support the struggling telecom...