"Vodafone Idea’s auditor expressed material uncertainty over the company’s ability to continue as a going concern, which, the auditor said, depends on successful negotiations with Vodafone Idea’s lenders to waive their rights to repayment after breaches of covenants under its bank loans,” Fitch Ratings said. … [Read more...] about Dues payment over 10 years not enough to aid Vodafone Idea; expect market gains for Airtel, Jio: Fitch Ratings
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US Senate Republicans to propose $300 billion coronavirus aid bill Customers buying high-value products through credit card EMIs at all-time high: HDFC Bank Societe Generale buys 0.7% stake in Strides Pharma, Mayfield XII Mauritius offloads 4.8% shares in Tejas Networks … [Read more...] about TRAI gives Vodafone Idea time till September 4 to show cause for RedX
"People are looking forward to watching the IPL this year. Cricket is like a religion and Hotstar already has a loyal base of subscribers. Hotstar has always been complementary to the TV service and advertisers know that they will be catering to a different kind of audience. OTT subscriptions are going up and since there is greater affinity towards OTT platforms, this move on Star's part is understandable," she told Moneycontrol. … [Read more...] about IPL 2020: Can Disney+ Hotstar’s bold subscription bet offset any advertising revenue dip?
“Vodafone was an urbane, sophisticated global brand. Idea was more about rustic intelligence and native humour. When these two diverse entities came together, a unified new personality was a challenge. That challenge remained kind of unresolved for 2-3 years. Now the new brand is an opportunity to create a common new identity, but also define the personality of this new avatar,” added Goyal. … [Read more...] about As Vodafone Idea becomes Vi, a look at the challenges with rebranding
Q) The biggest driver of the equity rally is US markets? Some experts on D-Street feel that there could be some correction post US elections, and the same could flow down to emerging markets like India. What are your views?A) It is tough to predict the short term direction of markets even in the best of times. Trying to predict the direction of markets basis an outcome of an election and that too during the pandemic, is infinitely hard. … [Read more...] about DAILY VOICE | Healthy earnings expected for pharma sector in FY21: Gautam Duggad of Motilal Oswal