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AB Group reaffirms bet on Voda Idea with ₹4,730 Cr infusion
Vodafone Idea shareholders approved a ₹4,730-crore investment from the Aditya Birla Group via preferential allotment of warrants, increasing AB Group's stake to around 13%. Chairman Kumar Mangalam Birla stated the company's focus now shifts to execution across operations, customer service, and network expansion. This capital infusion will support capital expenditure and loan repayment, reinforcing Vi's financial health.
Arisinfra Solutions posts FY26 revenue of Rs 1,067 crore
Arisinfra Solutions reported a 39% rise in FY26 revenue to Rs 1,067.5 crore, while profit surged over ten-fold to Rs 60.3 crore. Strong growth in contract manufacturing and Developer-as-a-Service businesses, improved margins and positive cash flow strengthened the company’s financial position.