Vodafone Idea gets government relief, easing immediate cash flow pressures. This provides breathing room for the telecom operator. However, significant spectrum dues remain a challenge. The company must raise funds and potentially increase tariffs. Future success depends on execution, capital raising, and customer acquisition. Network expansion is also crucial for long-term competitiveness.
US stocks today: S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week
The S&P 500 and Nasdaq reached record highs, fueled by strong earnings and falling crude prices, marking their longest weekly gain streak since October 2024.
May 1, 2026