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Vodafone Idea surges 15% ahead of SC hearing for AGR dues

Friday, February 14, 2020, 12:04 PM

Vodafone Idea shares surged as much as 15% to Rs.5.15 apiece on BSE ahead of AGR hearing. The Supreme Court will hear fresh pleas of telcos including Bharti Airtel, Vodafone Idea and Tata Teleservices, seeking a new schedule of payment of statutory dues of Rs.1.47-lakh-crore to the Department of Telecommunications. Around 9.45-AM, Vodafone Idea shares were trading 11.16% higher at Rs.4.98 apiece on BSE.
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Vodafone Idea appoints Suresh Vaswani as independent director

Tuesday, February 12, 2019, 11:04 AM

India's largest telecom operator Vodafone Idea said its board has appointed Suresh Vaswani, an IIT Kharagpur alumnus, as an independent director for three years. The 59-year-old is currently acting as an external global advisor to US-based Bain & Company, it added. Vaswani has also previously worked at IBM Global Technology Services, Dell India and Wipro.