Vodafone Idea extends gains for second day, soars 66% from Tuesday’s low

Truman Slate

Shares of Vodafone Notion rose up to 12 per cent to Rs 4.71 on the BSE on Thursday, as a result extending its Wednesday’s 38 per cent rally amid stories that the governing administration is unlikely to invoke the firm’s lender guarantees as of now. The telecom services firm’s stock has now soared 66 per cent from Tuesday’s intra-working day reduced of Rs two.83 on the BSE.

In the meantime, Vodafone Notion chairman Kumar Mangalam Birla and Bharti Airtel chairman Sunil Mittal frequented the North Block office environment of Finance Minister Nirmala Sitharaman on Wednesday to find relief for the deeply pressured telecom sector, Company Regular described. Simply click In this article TO Read through THE Entire REPORT

In accordance to the report, the two telcos have proposed a handful of possibilities to the Union governing administration for thing to consider. This consists of creating a telecom fund to give

Read More