Soft opening seen for Sensex, Nifty; Vodafone Idea, Adani Ports, Cipla, PNB, Wipro shares eyed
The Sensex and Nifty are poised to open on a soft note on Wednesday, tracking mixed cues from global peers as looming fear about aggressive rate hikes weighed on investors’ sentiments.
Vodafone Idea Q4 results: Net loss narrows to ₹6,563 crore
Revenue of the company rose 6.46% year-on-year to ₹10,240 crore during the quarter ended March 2022.
Soft opening seen for Sensex, Nifty; RIL, Paytm, SpiceJet, Vodafone Idea, HAL shares eyed
The BSE Sensex and the NSE Nifty are expected to open on a soft note on Tuesday, following weak cues from Asia peers and bearish trends on the SGX Nifty futures.
Sensex, Nifty to open in red; Future Retail, Vodafone Idea, Lupin, Eveready Ind shares in focus
The BSE Sensex and the NSE Nifty are poised to fall on Friday, following sharp losses across Asia and negative trends on SGX Nifty futures.
Airtel to purchase 4.7% of Vodafone’s stake in Indus Towers
The deal comes with a stipulation that the proceeds shall be used to induce fresh equity in Vodafone Idea and simultaneously remitted to Indus Towers.
Phone bills to rise 25% as Airtel, Vi eye tariff hikes; Jio mum
While absolutely necessary to ensure a sensible economic model, tariff hikes will be in the range of 20-25%, implemented gradually.
Mayhem at D-Street: Sensex plunges 1,545 pts, Nifty ends below 17,200; realty, metal stocks nosedive
The BSE Sensex declined more than 2,000 points intraday, while all 30 index heavyweights ended in red.
Reliance Jio prepays ₹30,791 cr spectrum liabilities; eyes ₹1,200 cr interest saving
The prepayment of deferred spectrum liabilities will result in interest cost savings of around ₹1,200 crore annually, at the current interest rates.
Birla, Vodafone have no intention to give up control of VIL: CEO Takkar
Government's 35.8% stake in Vodafone Idea after the interest-to-equity conversion will be representational; no clarity on exit options yet.
Govt in Vodafone Idea: Should Vi, BSNL, BBNL merge?
Apart from handholding a stressed industry, the larger question is—what does GoI hope to achieve by owning a stake in a standalone telco?