Vil

The company had posted a net profit of Rs 12.39 crore in the January-March quarter a year ago, VIP Industries Ltd (VIL) said in a BSE filing.

Telecom Q4 Preview | Flat quarter expected due to muted revenue, high 5G rollout costs

Indian telecom companies are expected to witness a lackluster Q4FY23 because of sluggish revenue growth and increased expenses related to the 5G rollout. While Bharti and Airtel are expected to have stable subscriber growth, VI is predicted to continue losing market share.

Shareholders approval for Rs 1600 crore OCD issue to ATC lapses in absence of govt response: Vodafone Idea

The OCD issue for ATC was subject to certain conditions including the approval of the government.

Tariffs at 'unsustainable' levels, industry needs price correction for continued investments: VIL CEO

VIL has seen average revenue per user (ARPU) growth for five consecutive quarters now.

Vi 5G launch to depend on use case, customers demand, competitive dynamics

The promoters of the company have invested Rs 4,940 crore and the company is in active discussion with investors for fund raise.

Jio adds over 31 lakh mobile users in May, VIL loses 7.6 lakh subscribers: TRAI data

Sunil Mittal-led Bharti Airtel added 10.27 lakh subscribers in May, taking its mobile user tally to 36.21 crore.

VIL shareholders approve Rs 436 crore equity allocation to Vodafone

As per voting results submitted to the stock exchanges on Friday evening, 99.94 per cent of Vodafone Idea (VIL) shareholders approved allocation of the equity to Vodafone Group firm Euro Pacific Securities.

Govt doesn't want to run company; existing promoters fully committed to managing operations: VIL CEO

Vodafone Idea (VIL) on Tuesday announced its decision to opt for converting about Rs 16,000 crore interest dues liability payable to the government into equity, which will amount to around 35.8 per cent stake in the company.

Govt to become largest shareholder in Vodafone-Idea — What it means for investors & industry

Conversion of dues to equity and transferring it to the government does not augur well from VIL shareholders' perspective

Telecom relief package: What does it mean for Vodafone-Idea?

VIL will still need external funding for it to undertake the necessary capex that will enable it to retain subscribers

Policy support, fundraise may give VIL relief but sizable tariff hike must: Edelweiss

It further observed that as Voda Idea's large liabilities are falling due, and given the impending launch of JioPhone Next (whose rollout timeline has now been pushed to before Diwali), ''the sooner the government measures as well as tariff hikes are rolled out, the better it is''.

VIL's balancesheet woes may impact financial lenders, others; govt support critical: ICRA

The support can be by way of deferment of spectrum dues, cut in levies, reduction in interest rates, and a combination of relief measures could aid financial profile and the structure of the industry.

Active users' tally: Reliance Jio gains 2.5 million subscribers in July as Airtel, VIL slip

Although industry's overall wireless subscribers rose nearly 3.5 million in July -- the first month of such gains since February -- the total `active subscribers'' count in July actually fell 2.1 million, as per TRAI data.

Buy Visaka Industries; target of Rs 174: Angel Broking

Angel Broking is bullish on Visaka Industries (VIL) and has recommended buy rating on the stock with a target of Rs 174 in its November 18, 2014 research report.

Vodafone to raise Indian unit stake to 100% for Rs 10,141cr

The telecom major said it has always maintained that it would like to increase its holding in the business and the plan of further investment demonstrates Vodafone's long-term commitment to India.

Buy Visaka Industries; target Rs 165: Sunidhi Securities

Sunidhi Securities is bullish on Visaka Industries (VIL) and has recommended buy rating on the stock with a target price of Rs 165 in its December 19, 2012 research report.