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Vodafone Idea Ltd (VIL) CEO Ravinder Takkar did some plain speaking. In an analyst call after its quarterly results recently, Takkar said that the main stumbling block to raising fresh capital from investors is "pricing" - telecom tariffs, in other words. Nine months ago, the telecom company's board had cleared a proposal for raising Rs 25,000 crore from investors, after the promoters made it clear that they were not ready to pump in more money. But potential investors are concerned that without clarity on tariff hikes (there have been none for more than 18 months) they might just lose their money. The lack of visibility on raising tariffs has also impelled VIL to request the Department of Telecom (DoT) for a fresh reprieve by extending the two-year moratorium on paying its spectrum instalment of Rs 8,200 crore for another year till FY23.
CEOs are not happy with scorecard so far but are ready to invest more as they think one year is too short a time to revive the economy
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Based on Statista data for 2019, Vodafone has 17.2 million subscribers in the UK, 29.5 million in Germany, and over 13.7 million in Spain. Without Voda Idea, the Group will become smaller than Airtel and Jio.
Minacs will be integrated it into SYNNEX's BPO business, Concentrix.
Ajit Mishra answers reader queries on the stock market.
Based on this screening, the committee may weed out applications that do not meet the eligibility yardstick or the 'fit and proper' criteria for securing a licence.
Clickpower.in enables consumers and generators to explore the best available options.
Navil Noronha stepped out of the shadows to address the media for the first time during the company's recent IPO.
On the occasion of World Theatre Day, let's understand what keeps the arts scene ticking in India and how the same can be improved.
Should NOTA ever get the maximum number of votes (which makes it the 'winner'), then a re-election should be held and all the candidates should be disqualified.'
Last year, the software giant launched a cloud adoption programme for SMBs.
IIM-Trichy has seen a dip in the number of offers per recruiter. IIM-Udaipur is yet to place 20 of its 144 students.
Nikunj Saraf, Vice President Choice Wealth, answers your Mutual Fund queries.
Vivek Mahajan (Head - Research) Aditya Birla Money, analysed the slow IIP growth.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Along with medication, following a healthy diet along with regular exercise can help you fight the hormonal disorder, suggests gynecologist, obstetrician and IVF expert Dr Amit Patil.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Seven students were made international offers.
Major corporates are staring at an uncertain future after investing substantially on their projects
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
IIM-A saw 36 per cent jump in maximum domestic salary in 2018 placements this year.
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
Trust today means more than the belief that a brands' products will work as advertised; consumers want to believe that the company truly cares for its customers.
MF investors may not be able to support markets fall if selling intensifies
Index heavyweights ITC was the top gainer along with RIL and HDFC
Jhunjhunwala passed away early on Sunday morning due to a cardiac arrest, a source in his newly set up airline said.
Sebi said Thapar-promoted and -related entities owed Rs 1,723.19 crore as receivables to the company, while connected parties owed another Rs 462.74 crore.
No financial details were disclosed.
Mukesh Ambani remains the country's wealthiest promoter as his stake in Reliance is now worth Rs 3.25 trillion!
If you want his advice on your mutual fund investments, please mail your questions to getahead@rediff.co.in with the subject line, 'Mutual Fund Query', along with your name, and Omkeshwar will offer his unbiased views.
From politicians to entrepreneurs and change makers, Akash Ambani's wedding had some illustrious guests.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Bharti Retail will issue one equity share of Rs 2 each for every share of Rs 2 held in Future Retail
While such buying could indicate confidence in the business, investors should do a comprehensive evaluation before getting into the stock.
These investors have pumped in about Rs 6,900 crore (Rs 69 billion) in the seven trading sessions after the Federal Open Market Commission meet.
His father is a former finance minister. His brother is a minister in the Modi government. But Sumant Sinha wants nothing to do with politics and tells Shreya Jai why he is bullish on the renewable energy sector.
Almost each of these companies has a different technology to show for the effectiveness against microbes.
