Idea Cellular

Vodafone Idea announces new prepaid plans with Netflix partnership

The Vi Rs 998 prepaid plan offers a validity of 70 days, alongside a daily 1.5GB limit, 100 daily SMS, and unlimited voice calling

Top headlines: Voda-Idea to raise funds, Sun Pharma Q4 loss, and more

From Sun Pharma posting loss in Q4 to Vodafone-Idea engaging in talks to raise funds, here are the top headlines on Tuesday morning

Airtel, Voda Idea: Telecom stocks could see up to 30% upside, charts show

Bharti Airtel needs to overcome its resistance at Rs 780 for further upside; MTNL, Voda Idea can zoom up to 30%

No govt nod to Bharti Infra, Indus merger; deadline extended by 2 months

The merger proposes to create a company with over 163,000 towers having received clearance from the Chandigarh Bench of the National Company Law Tribunal in June, this year

Voda Idea losses spill over to other AB Birla group firms; m-cap down 6.2%

Vodafone Idea now has a m-cap of Rs 19,454 crore against Rs 39.942 crore at end of last month

Despite Q1FY19 profit, key performance metrics of Idea remain weak

Idea, which will soon be merged with Vodafone India, has seen deterioration in revenues, operating profit, margins and average revenue per user

Idea's key operating metrics remain weak; merger with Vodafone soon

Idea registered a capex of Rs 9.8 billion in 1Q19, which is negligible compared Rs 78.7 billion incurred by Airtel and Rs 175 billion by Jio during the same period

Idea Cellular surges 16% after it pays Rs 72 billion with Vodafone to DoT

Idea Cellular has surged 16% to Rs 61.10 on back of heavy volumes after the company and Vodafone deposited a total Rs 72 billion over the spectrum charge demand made by the DoT.

Idea gets shareholder nod to raise Rs 150 bn, change name

Both Vodafone and Idea have been raising money the past few months to pare combined debt, which stood at more than Rs 1.14 trillion at March end

Idea Cellular slips 7% due to a likely delay in Vodafone merger

The stock slipped nearly 7% to Rs 56 on the BSE on concerns of likely delay in Vodafone merger as the telecom department is looking to raise a fresh demand of around Rs 47 billion.

Idea Cellular hits 52-week low; stock falls 35% in 2018

The stock was down 2% at Rs 70 on the BSE, trading at its lowest level since January 20, 2017

Idea Cellular raises Rs 35 billion via QIP, allots 424 mn shares to buyers

The company has issued and allotted about 424 million equity shares to qualified institutional buyers

Idea fixes Rs 82.50/share to raise Rs 35 bn via QIP

The panel also approved and adopted the placement document in connection with the QIP

Idea Cellular board approves equity issue of up to Rs 35-bn through QIP

The Board has authorised the Committee of Directors to decide on the timing, pricing and exact quantum of equity shares to be issued

Idea Cellular allots Rs 32-bn shares on preferential basis to promoters

As a result, the aggregate shareholding of the promoter group in Idea Cellular has increased from 42.4% to 47.2%

Idea suspends interconnect services with Aircel over non-payment of dues

It further said that despite multiple reminders since November 2017,the operator had failed to meet its payment commitments

Idea Cellular seeks government approval for raising FDI limit to 100%

At present, 100% FDI is allowed in telecom companies, of which up to 49% can be done through the automatic route

Idea Cellular's new TV commercial: A transformative idea triggered by video

A new TV commercial by Idea Cellular has pushed the running narrative of the telecom firm to imply how in today's world a video can change people's lives

Idea Cellular up 9% on preferential issue to promoter group

The stock soared 9% to Rs 114 on BSE after the board approved fund raising of up to Rs 3,250 crore through preferential issue to promoter group at Rs 99.50 per share

Idea Cellular stock gains 2%; fundraising to keep debt under check

Firm likely to lower debt to Rs 500 bn; expand its wireless broadband coverage and capacity