Vodafone Idea shares plummeted after the Supreme Court rejected its plea to waive over $5 billion in interest and penalties on statutory dues. The telecom operator, burdened with $25 billion in net debt, had sought relief from the Department of Telecommunications, warning about its survival. Despite the government converting some dues into equity, the company faces significant financial stress.
VRL Logistics board to meet on July 4 to consider bonus share issue
VRL Logistics’ board will meet on July 4, 2025, to consider issuing bonus shares to eligible shareholders, with the record date to be announced later.
June 28, 2025