Vodafone Idea shares rose as Kumar Mangalam Birla returned as non-executive chairman, succeeding Ravinder Takkar. This move comes as the company navigates significant financial challenges, including government equity stakes and revised AGR dues. The company has seen its AGR dues reduced and a moratorium on payments, providing some financial relief.
Meesho Q4 Results: Co narrows loss by 88% YoY to Rs 166 crore, revenue jumps 47%
Meesho Q4 Results: Meesho significantly reduced its consolidated losses by 88% to Rs 166 crore in the March-ended quarter, while revenue from operations surged 47%