Vodafone

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."

Indian Railway Catering and Tourism Corporation (IRCTC), Vodafone Idea (Vi), Canara Bank, Exide Industries, LIC Housing Finance, and three more are put under the F&O ban by the NSE on Sept 15. These stocks have crossed 95% of the Market-Wide position limit (MWPL). MWPL is the maximum number of contracts to be open at any given time. Thus, no fresh positions are permitted for these companies, until the reversal of the ban by NSE.

Amid the ongoing farmers' protest, Reliance Jio has recorded a dip in its wireless subscriber base in Punjab and Haryana in December 2020. While the numbers in Punjab fell from 1.40 crore (November) to 1.25 crore (December 2020), it plummeted from 94.48 lakh to 89.07 lakh in Haryana. Earlier, Jio had claimed that its subscriber base witnessed a downfall due to factors like COVID-19, conspiracies by its competitors and vandalism of telecom… read-more