Vodafone Idea shares rose sharply after reports that a consortium of public-sector banks led by SBI is nearing approval of a larger debt package for the telecom operator. The funding is part of Vi’s broader Rs 45,000-crore requirement and could provide financial flexibility to expand its network and execute planned capex.
Market Samachar is a news aggregator. This article was originally published by Stocks-Markets-Economic Times. Tap the button above to read the full story on their site.