New Delhi: The initial public offering (IPO) of Prudent Corporate Advisory Services will kick off for subscription on Tuesday, May 10. The company is offering its shares in the range of Rs 595-630 apiece. At the upper range of the price band, the retail wealth management services player is eyeing to raise Rs 538.61 crore … Read more
NEW DELHI: Vodafone Idea and its promoters have called upon the government to speed up the process of conversion of interest on deferred adjusted gross revenue (AGR) dues into government equity, saying it is critical to the cash-strapped telco’s efforts to raise funds from external investors. “Senior executives have met officials and said that the … Read more
Aditya Birla Group (ABG) chairman Kumar Mangalam Birla had nearly two months ago offered to hand over the group’s 27.66s% stake in Vodafone Idea (VIL) to any public sector or domestic financial entity who could keep the company afloat, while asserting that without immediate government support, the telco would be driven to an irretrievable point … Read more