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Vodafone Idea targets $3bn investment from Apollo Global

2021-07-12 02:00:00| Total Telecom industry news

Vodafone Idea, rebranded as Vi last year, has been in the financial doldrums for a number of years now, having struggled to compete in vicious price wars with its major rivals Reliance Jio and Bharti Airtel, as well as owing the government enormous sums of money for spectrum allocation and adjusted gross revenue (AGR).   In its most recent financial results, the company had managed to slow the decline, reducing its net loss from around $1…read more on TotalTele.com »

Tags: global idea investment targets

 

Cyber-firm Darktrace eyes '3bn' London share listing

2021-04-12 14:51:07| BBC News | Business | UK Edition

Boss Poppy Gustafsson says London is a "logical choice" despite Deliveroo's flop flotation.

Tags: share listing london eyes

 
 

Coronavirus: 3bn for NHS but Sunak warns of 'economic shock' to come

2020-11-22 13:18:13| BBC News | Business | UK Edition

Borrowing - which hit a record 22.3bn in October - cannot go on indefinitely, chancellor says.

Tags: to come economic shock

 

Goldman Sachs to pay $3bn over 1MDB Malaysia scandal

2020-10-22 19:47:09| BBC News | Business | UK Edition

The investment bank will pay a record sum for violating bribery laws in the 1MDB corruption affair.

Tags: pay malaysia scandal goldman

 

Covid: Rolls-Royce announces plan to raise 3bn

2020-10-01 08:50:51| BBC News | Business | UK Edition

After weeks of speculation, the plane engine maker will tap investors for money and issue new bonds.

Tags: plan raise announces 3bn

 

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