Vi is saddled with around ₹20,000 crore of overall payables (including ₹13,731 crore trade payables) and proposes to use the ₹24,000 crore equity capital recently raised only for fresh capex to expand 4G coverage and roll out 5G networks. Trade payables, typically, reflect Vi’s dues to vendors such as network gear suppliers and tower firms.
Parag Parikh Flexi Cap and ICICI Pru Large Cap among 17 equity mutual funds that receive over Rs 1,000 crore inflow in November
A top-inflow equity flexi-cap fund that drew strong investor interest in November as part of broad robust net inflows into India’s equity mutual funds.