Idea Cellular-chairman-kumar-mangalam-birla

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AGR concerns: Vodafone Group's global CEO Nick Read plans to meet telecom minister Ravi Shankar Prasad
Business

AGR concerns: Vodafone Group's global CEO Nick Read plans to meet telecom minister Ravi Shankar Prasad

Even as the pressure on Vodafone Idea to pay the AGR dues is mounting, Read and chairman of Vodafone Idea Kumar Mangalam Birla had recently said that they were not keen to infuse any more equity in the firm.

Idea Cellular to raise Rs 3,250 cr from promoter group; will mull options for additional Rs 3,500 cr funding
Business

Idea Cellular to raise Rs 3,250 cr from promoter group; will mull options for additional Rs 3,500 cr funding

Idea Cellular board on Thursday approved raising about Rs 3,250 crore from the entities under the promoter Aditya Birla Group by issuing 32.66 crore equity shares on a preferential basis