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ET Markets - Industry 29d ago
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.
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LiveMint - Markets 90d ago
Small-cap NSE stock to be in focus on Monday; here's why
Small-cap stock Mangalam will remain in focus on Monday after this update. Here's details of the new business update, along with share price trend.
ARSSBLFOCUSMANGALAMMGELConsumer DurablesFast Moving Consumer Goods