Vodafone Idea (Vi) has partnered with HCLSoftware, the software business unit of HCLTech, to make its 4G and 5G networks smarter and more efficient. Vi is now using HCL Augmented Network Automation (HCL ANA), a multivendor self-optimizing network (MV-SON) platform, to manage its Ericsson and Samsung networks. This advanced technology will help Vi improve network performance, save energy, and offer better services to its customers. The HCL ANA platform uses Artificial Intelligence (AI) to simplify the management of Vi's complex multi-vendor, multi-technology and multi-layered network to ensure smooth integration and efficient network operations. The platform is also SMO ready (ORAN), making the investment future-proof. This collaboration brings several benefits to Vi and its users. The HCL ANA platform has an open architecture and empowers Vi to manage and automate its network independently, reducing dependency on OEM-specific features and applications. It helps save energy, reducing costs and making the network more sustainable. Most importantly, Vi customers will experience a faster and more reliable network. Powered by Capital Market - Live

Vodafone Idea has allotted 1,69,32,18,361 equity shares of face value of Rs. 10/- each at an issue price of Rs. 11.28 per equity share (including a premium of Rs. 1.28 per equity share), to Omega Telecom Holdings (1,08,45,94,607 equity shares) and Usha Martin Telematics (60,86,23,754 equity shares), promoters of the Company, aggregating to Rs. 1909.95 crore, on a preferential basis. Consequent to the aforesaid allotment of equity shares, the paid-up equity share capital of the Company stands increased to Rs 7,13,93,03,50,010 comprising of 71,39,30,35,001 equity shares of the face value of Rs. 10/- each. Powered by Capital Market - Live

The key equity indices continued to trade with significant losses in the mid-afternoon trade. The Nifty slipped below the 23,650 after hitting the day's high of 23,915.35 in the early afternoon trade. PSU bank shares extended losses for the second consecutive trading session. At 13:29 IST, the barometer index, the S&P BSE Sensex, dropped 569.29 points or 0.72% to 78,129.78. The Nifty 50 index fell 178 points or 0.75% to 23,635.40. The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index added 0.75% and the S&P BSE Small-Cap index rose 0.90%. The market breadth was weak. On the BSE, 1,311 shares rose and 2,757 shares fell. A total of 160 shares were unchanged. Buzzing Index: The Nifty PSU bank index fell 1.16% to 6,494.35. The index slipped 2.05% in two consecutive trading sessions. Indian Bank (down 2.1%), Bank of Maharashtra (down 1.65%), Bank of Baroda (down 1.64%), Bank of India (down 1.55%), Canara Bank (down 1.16%), State Bank of India (down 1.06%), UCO Bank (down 0.88%), Indian Overseas Bank (down 0.64%), Central Bank of India (down 0.62%) and Punjab National Bank (down 0.35%) declined. Numbers to Track: The yield on India's 10-year benchmark federal paper rose 1.64% to 6.898 as compared with the previous close of 6.787. In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 85.5675, compared with its close of 85.4875 during the previous trading session. MCX Gold futures for the 5 December 2024 settlement fell 0.10% to Rs 76,470. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.04% to 108.04. The United States 10-year bond yield shed 0.50% to 4.596. In the commodities market, Brent crude for the February 2025 settlement declined 19 cents or 0.26% to $73.98 a barrel. Stocks in Spotlight: Vodafone Idea Limited (VIL) surged 2.95%, following the government's decision to waive off-bank guarantees for spectrum acquired in past auctions. Gujarat Fluorochemicals slipped 5.01% after the company reported an incident at its CMS-1 plant in Dahej, Gujarat, on December 28, 2024, which was immediately isolated but temporarily disrupted operation. Sharika Enterprises hit an upper circuit of 5% after the company received purchase orders worth more than Rs 8 crore from JSW Renew Energy entities for delivering high-quality products and services.Powered by Capital Market - Live

The Department of Telecommunications (DoT) announced on December 27th that it would no longer require telecom operators to submit financial bank guarantees for spectrum acquired in auctions held in 2012, 2014, 2015, 2016, and 2021, subject to certain conditions. ' This move builds upon the 2021 telecom reform package, which already eliminated the need for bank guarantees in future spectrum auctions. The latest decision extends this benefit to past acquisitions. ' Prior to this waiver, VIL was required to maintain bank guarantees amounting to approximately Rs 24,800 crore as collateral against its spectrum installments. While most past auctions are now exempt from this requirement, a minor one-time shortfall may be applicable for the 2015 auction. VIL is currently in discussions with the DoT to determine the final amount of this shortfall. ' This government action demonstrates continued support for the Indian telecom sector, aiming to facilitate industry growth and development. Vodafone Idea, a joint venture between the Aditya Birla Group and the Vodafone Group, is a major telecom player in India. It offers voice and data services across 2G, 3G, and 4G networks nationwide. The company possesses a significant spectrum portfolio, including 5G spectrum in key bands. The telecom service provider's consolidated net loss narrowed to Rs 7,175.9 crore in Q2 FY25 compared with net loss of Rs 8,737.9 crore in Q2 FY24. Revenue from operations rose 2.01% YoY to Rs 10,932.2 crore in Q2 September 2024. Powered by Capital Market - Live

Vodafone Idea announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 7 January 2025.Powered by Capital Market - Live

Vodafone Idea will hold a meeting of the Board of Directors of the Company on 9 December 2024Powered by Capital Market - Live

The company may issue equity shares and/or convertible securities to one or more entities belonging to Vodafone Group (one of the promoters of the company). Vodafone Idea is an Aditya Birla Group and Vodafone Group partnership. It is among India's leading telecom service provider. The company provides pan India voice and data services across 2G, 3G and 4G platforms. The company holds large spectrum portfolio including mid band 5G spectrum in 17 circles and mmWave 5G spectrum in 16 circles. The telecom service provider's consolidated net loss narrowed to Rs 7,175.9 crore in Q2 FY25 compared with net loss of Rs 8,737.9 crore in Q2 FY24. Revenue from operations rose 2.01% YoY to Rs 10,932.2 crore in Q2 September 2024. The scrip slipped 3.92% to currently trade at Rs 8.08 on the BSE. Powered by Capital Market - Live

The domestic equity benchmarks traded with limited gains in early trade. The Nifty traded near the 24,500 mark. IT, FMCG and oil & gas shares advanced while media, pharma and realty shares declined. Trading could be volatile due to weekly F&O series expiry today. At 09:29 IST, the barometer index, the S&P BSE Sensex rose 117.09 points or 0.15% to 81,068.60. The Nifty 50 index added 32.05 points or 0.13% to 24,499.50. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.35% and the S&P BSE Small-Cap index rallied 0.37%. The market breadth was strong. On the BSE, 1,984 shares rose and 960 shares fell. A total of 129 shares were unchanged. Foreign portfolio investors (FPIs) bought shares worth Rs 1,797.60 crore, while domestic institutional investors (DIIs) were net sellers to the tune of Rs 900.62 crore in the Indian equity market on 4 December 2024, provisional data showed. Stocks in Spotlight: Vodafone Idea shed 0.83%. The company's board will meet on 9 December 2024 to consider raising funds upto Rs 2,000 crore. Torrent Pharmaceuticals added 0.97%. The company has entered into an agreement to acquire brands Cospiaq (empagliflozin), Cospiaq Met (empagliflozin + metformin) and Xilingio (empagliflozin + linagliptin) from Boehringer Ingelheim International GmbH (BI). The acquisition will be completed by March 2025. Bharat Forge lost 0.05%. The company has launched qualified institutional placement (QIP) to raise funds upto Rs 1,650 crore. The floor price is fixed at Rs 1,323.54 per share. Numbers to Track: The yield on India's 10-year benchmark federal paper rose 0.44% to 6.797 as compared with previous close 6.794. In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 84.7300, compared with its close of 84.7500 during the previous trading session. MCX Gold futures for 5 February 2024 settlement was shed 0.09% to Rs 77,019. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.03% to 106.28. The United States 10-year bond yield rose 0.43% to 4.200. In the commodities market, Brent crude for January 2024 settlement gained 01 cent or 0.01% to $72.32 a barrel. Global Markets: Asian stocks traded mixed on Thursday as investors grappled with ongoing political crises in France and South Korea. The price of bitcoin soared past the long-awaited $100,000 benchmark for the first time ever late Wednesday evening. Japanese and Australian equities advanced, while South Korean shares declined after the opposition party initiated impeachment proceedings against President Yoon Suk Yeol following his controversial declaration of martial law. In France, Prime Minister Michel Barnier's government was ousted by lawmakers just three months after its formation, plunging the country into further political uncertainty. This follows President Macron's failed attempt to secure a parliamentary majority in recent elections, leaving him without a clear path forward. Meanwhile, US stock markets closed at record highs on Wednesday, driven by strong earnings reports, particularly from Salesforce, and continued optimism surrounding tech giants like NVIDIA. The S&P 500 rose 0.6% to a record high of 6,086.49 points, while the NASDAQ Composite rose 1.3% to a peak of 19,732.87 points. The Dow Jones Industrial Average ended up 0.7% at a record high of 45,014.04 points. Federal Reserve Chair Jerome Powell's comments on the US economy also boosted investor sentiment. Powell expressed confidence in the economy's strength and indicated that the Fed may adopt a more cautious approach to future rate cuts. Market participants are now eagerly awaiting the release of the US nonfarm payrolls report on Friday, which is expected to provide insights into the labor market's health and its potential impact on interest rate policy. Powered by Capital Market - Live

Securities in F&O Ban: RBL Bank, Granules India and Manapurram Finance shares were banned from F&O trading on 5 December 2024. Stocks to Watch: Vodafone Idea's board will meet on 9 December 2024 to consider raising funds upto Rs 2,000 crore. Torrent Pharmaceuticals entered into an agreement to acquire brands Cospiaq (empagliflozin), Cospiaq Met (empagliflozin + metformin) and Xilingio (empagliflozin + linagliptin) from Boehringer Ingelheim International GmbH (BI). The acquisition will be completed by March 2025. Bharat Forge has launched qualified institutional placement (QIP) to raise funds upto Rs 1,650 crore. The floor price is fixed at Rs 1,323.54 per share. Railtel Corp has received a work order worth Rs 10.64 crore from GAIL for MPLS & Point-to-Point Leased Line Links. Mastek's global chief financial officer (CFO), Arun Agarwal has resigned. Ipca Labs has received necessary approval for voluntary closure of its wholly owned subsidiary, Ipca Pharmaceuticals SA de CV, Mexico. Lemon Tree Hotels received a letter of award from the Meghalaya government for redevelopment of Orchid Hotel.Powered by Capital Market - Live

Tata Teleservices (Maharashtra) Ltd, Triveni Turbine Ltd, Garden Reach Shipbuilders & Engineers Ltd and Marksans Pharma Ltd are among the other gainers in the BSE's 'A' group today, 26 November 2024.Vodafone Idea Ltd soared 13.18% to Rs 7.9 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 1274.71 lakh shares were traded on the counter so far as against the average daily volumes of 464.04 lakh shares in the past one month. Tata Teleservices (Maharashtra) Ltd spiked 11.91% to Rs 77.31. The stock was the second biggest gainer in 'A' group. On the BSE, 32.16 lakh shares were traded on the counter so far as against the average daily volumes of 3.51 lakh shares in the past one month. Triveni Turbine Ltd surged 10.23% to Rs 842.05. The stock was the third biggest gainer in 'A' group. On the BSE, 3.41 lakh shares were traded on the counter so far as against the average daily volumes of 1.01 lakh shares in the past one month. Garden Reach Shipbuilders & Engineers Ltd jumped 7.69% to Rs 1552.5. The stock was the fourth biggest gainer in 'A' group. On the BSE, 84310 shares were traded on the counter so far as against the average daily volumes of 61793 shares in the past one month. Marksans Pharma Ltd spurt 7.57% to Rs 339.6. The stock was the fifth biggest gainer in 'A' group. On the BSE, 4.52 lakh shares were traded on the counter so far as against the average daily volumes of 1.53 lakh shares in the past one month. Powered by Capital Market - Live