Question: Who is investing in Vodafone?

Who is going to invest in Vodafone idea?

HDFC AMC and Aditya Birla MF, who are among top five fund managers in the country by assets, have bought Vodafone Idea’s shares. A couple of more prominent fund managers have also added the stock to their portfolios. HDFC AMC bought 1.41 crore shares of the beleaguered telecom company in June.

Is Google investing in Vodafone?

Global technology giant Google is in talks to buy a 5 per cent stake in Vodafone Idea, owned by Vodafone Plc of the UK and Aditya Birla Group. … Taking into account Vodafone Idea’s market valuation of Rs 16,724 crore as of Thursday, Google may end up buying the stake for Rs 836 crore.

Is there any hope for Vodafone idea?

The apex court in its AGR judgment has said that the company can pay the Rs. 58,000 crores of AGR dues in the 10 year period. Also, Mr. Birla’s letter to the government clearly shows that they don’t have any plan or hope for the company and he is even willing to give away the 27.2% stake that he has in the company.

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Is Vodafone buying idea?

On 31 August 2018, Vodafone India merged with Idea Cellular, to form a new entity named Vodafone Idea Limited. Vodafone currently holds a 45.1% stake in the combined entity and Aditya Birla Group holds a 26% stake.

Vodafone Idea.

Logo used since 7 September 2020
Type Public
Subsidiaries YOU Broadband Limited

Who is investing in Idea?

TPG Capital, Apollo Global and Carlyle Group are among private equity giants in early talks with Vodafone Idea Ltd to invest in the company’s optic fibre and data centre assets worth around $1 billion, said two people familiar with the matter.

Where will Google invest in India?

Google said its $10-billion fund would focus on areas such as enabling affordable access to the Internet and to information for every Indian in their own language; building new products and services in segments like consumer tech, education, health and agriculture; empowering businesses, especially small and medium …

Which share is best to buy today?

Stocks to Buy Today: Best Shares to Buy in India

Name LTP High
Britannia Inds. 3,883.30 3,929
UltraTech Cem. 7,335.75 7,405
Tata Consumer 818.75 829
HDFC Life Insur. 722.10 731

Will Vodafone idea survive?

Vodafone Idea is confident it can reach a fundraising deal with potential investors, bolstered by a federal government package that provides much-needed relief to the debt-ridden mobile carrier, its chief executive officer said on Wednesday.

Is it safe to invest in Vodafone idea?

The net worth of Vodafone Idea is negative Rs 38,228 crore, as of March 31, 2021. “A powerful duopoly in telecom is not desirable. … So only those who can take very high risks should buy Vodafone Idea now.

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Why is Vodafone idea in loss?

Vodafone Idea (Vi) narrowed its net loss by 71 per cent to Rs 7,319 crore in first quarter FY 2022 on a year on year basis on account of lower exceptional expenses. In the same period last year it had posted a net loss of Rs 25,460 crore due to provisioning for adjusted gross revenue dues liability.

Which country owns Vodafone?

Vodafone, telecommunications company based in the United Kingdom with interests in Europe and the United States. It originated as part of Racal, a British radar and electronics firm founded in 1950.