Your question: Will Amazon invest in Vodafone idea?

Is Vodafone idea getting investment?

Vodafone Idea (Vi), a joint venture between Aditya Birla Group and Vodafone Group, will continue to scout for new equity investors and invest in new technologies, including in fifth-generation-based technology, after the central government’s bailout package.

Will Vodafone idea survive?

Vodafone Idea is confident it can reach a fundraising deal with potential investors, bolstered by a federal government package that provides much-needed relief to the debt-ridden mobile carrier, its chief executive officer said on Wednesday.

Is VI going to shut down?

Indian telco Vodafone Idea (Vi) is reportedly close to “point of collapse” and needs help from the Government, one of its investors said this week. … Last year the Supreme Court of India gave Vi and Airtel 10 years to pay, with the first installments of 10 percent due in March 2021.

What is the future of IDEA Vodafone?

Vodafone Idea plans to invest Rs 27,000 crore in FY20

The debt-ridden company has advanced its target date to complete integration of Vodafone and Idea Cellular business to financial year 2021 from fiscal 2023.

What is the future of IDEA share?

IDEA Share Price

Close 9.60
Open Intrest 743890000
Change In O.I 1.00 %
Lot Size
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Why are ideas falling today?

Vodafone Idea will come to an “irretrievable point of collapse” without immediate active support from the government as the telecom firm has huge debts and its operations have taken a hit due to the pandemic, said Kumar Mangalam Birla in the letter.

Who is the CEO of Vodafone idea?

Is Vodafone idea a multibagger?

In fact, it is one of the multibagger stocks in 2021 as it has given around 113 per cent return in last six months while in the last one year, it has surged to the tune of near 300 per cent. … Vodafone Idea share price has shot up from 8.39 per stock levels to ₹11.10 apiece — rising around 32 per cent in this week.

Is Vodafone a buy or sell?

Vodafone Group has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 13 buy ratings, no hold ratings, and no sell ratings.

What is target of IDEA share price?

with a target price of Rs 4. The current market price of Vodafone Idea Ltd. is Rs 11.56.