Vodafone Idea Share Prices Sees 7% Hike
Vodafone Idea (VI) share prices rose 7% during the intraday trading. According to reports, the promoters of the company are ready to infuse Rs 10,000 crore in the company. The company is making an attempt to release burden of debt from the government through the issue of equity. Ravinder Takker, VI CEO said that, "any payments to cutoff interest amount will be made in accordance with SEBI guidelines."
Tags: VODAFONE IDEA, Vodafone, Idea, share price
Courtesy: Money Control
Network 18 Witness Profit In Shares Over 6%
After experiencing a loss of Rs 60.60 crore in 2020, media firm Network 18 Media & Investments have witnessed a 6% rise in its share on June 22. The company reported a combined profit of Rs 121.51 crore. “Growing engagement on our platforms across TV and Digital make us confident of delivering for all our stakeholders even amidst a choppy environment,” said Adil Zainulbhai, Chairman of Network18.
Tags: business, share price, network 18, net profit, consolidated Net Profit
Courtesy: Money Control