NDTV Profit Exclusive: Vodafone Idea To Launch Rs 18,000-20,000 Crore FPO Next Week

Vodafone Idea Ltd. is planning to launch a follow-on public offering next week to raise as much as Rs 20,000 crore, according to people aware of the development. The cash-strapped telecom operator has finalised anchor investors, the people said without providing the further details regarding the anchor investors. The investors likely involve private equity funds. The Aditya Birla Group’s telecom operator is planning to use the funds ...