Citi maintains buy rating on Vodafone Idea, says shares may rally 70% after major debt relief

December 31, 2024

Citi upgraded Vodafone Idea to “buy” with a target price of Rs 13 per share, citing a significant bank guarantee waiver for spectrum payments. This relief eases financial pressure, improving funding prospects. Indus Towers also benefits.

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Mahi Madhusudan Kela, Authum Investment offer to buy Prataap Snacks 26% stake at Rs 865.66 per share

Prataap Snacks has received an open offer from Authum Investment & Infrastructure and Mahi Madhusudan Kela to acquire 26.01% equity at ₹865.66 per share, totaling

January 8, 2025

Former Chief Investment Officer, his sister settle front-running case by paying Rs 91 lakh. Details here

A former CIO and his sister settled a Sebi front-running case by paying ₹91 lakh and accepting a six-month market ban. Sebi’s probe uncovered ₹27.77

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