Vodafone Idea: Earlier, Vi’s board had approved a preferential share issue to raise Rs 2,075 crore from an Aditya Birla Group (ABG) entity, which had set the stage for a wider funding programme critical for the company’s revival.
SBI chairman Khara credited Vi s FPO success to Birla s leadership, highlighting the telco s funding programs and competition goals. The retail investor trust in the Aditya Birla Group reflects confidence in Vi s future growth in the telecom sector.
The SBI informed the Supreme Court that the details of the electoral bonds furnished to the ECI include the names of the buyers, the date of purchase, the denomination, and the names of the political parties that redeemed the bonds.
The Supreme Court (SC) will hear on Monday the application filed by the State Bank of India (SBI) seeking an extension of time till June 30 to disclose information relating to the Electoral Bonds.
Khara told ET that Indias focus on building manufacturing muscle would further strengthen the growth capex trend and, in turn, banks that are expected to help finance India s spectacular and exciting journey along the competitiveness gradient.