Vodafone Idea’s board has approved raising up to ₹20,000 crore despite a widened net loss of ₹7,166 crore and continued subscriber losses. The company aims to fund its 4G and 5G expansion to curb user churn, while auditors caution about its ability to meet liabilities. Despite challenges, Vi reports improved ARPU and reduced subscriber loss pace.
Q1 earnings this week: Infosys, Eternal, Bajaj Auto among 573 companies set to announce June quarter results
This week, 573 companies will announce their June quarter results, featuring prominent firms. Bharti Airtel and Nykaa are among those reporting earnings on Tuesday. Trent