Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2024-06-14 02:00:00| The Economic Times

The board of directors of VIL approved a preferential allotment of 1.66 billion equity shares at Rs 14.80 per share to Finlands Nokia and Swedens Ericsson, for a total of up to Rs 2,458 crore, the company said in a statement Thursday. Nokia will invest up to Rs 1,520 crore and Ericsson up to Rs 938 crore. The issue price is 35% higher than that in the April follow-on offer (FPO) of Rs 11 a share and comes with a lock-in period of six months.


Category: News and Media

 

Latest from this category

24.03Sort 'pothole plague' or lose cash, councils warned
23.03Segway recalls 220,000 of its scooters due to a fall hazard that has resulted in 20 injuries
23.03Not just a national conversation: Bonta, Melton advocate for NWI in tariff meetings
23.03UK mulls big tech tax changes to avoid US tariffs
23.03Landing a data center is worth the environmental tradeoffs, Illinois towns say
23.03Fund Manager Talk | FY26 earnings will grow by 12-13% after 5-6% downgrade: Srinivas Rao Ravuri
23.03Corporate Action Radar: REC among 10 cos with record dates this week. Do you hold these stocks?
23.03IOC 6.0: One stock can change your life: Vijay Kedias 16,400x success story in investing
News and Media »

All news

24.03Sort 'pothole plague' or lose cash, councils warned
23.03Google says a technical issue caused some users Maps Timeline data to be deleted
23.03Apples rumored plastic Apple Watch SE has reportedly hit a serious snag
23.03Segway recalls 220,000 of its scooters due to a fall hazard that has resulted in 20 injuries
23.03Apple Watches with built-in cameras to support AI features are reportedly in the works
23.03Not just a national conversation: Bonta, Melton advocate for NWI in tariff meetings
23.03The Breville Smart Oven Air Fryer is down to $280 in the Amazon Spring Sale
23.03UK mulls big tech tax changes to avoid US tariffs
More »
Privacy policy . Copyright . Contact form .