Why Vodafone Idea’s FPO is a cautionary tale for D-street
Vi’s lack of competitiveness is becoming glaringly apparent and the market is not bullish on its prospects as debt piles up amid consistent quarterly losses and sluggish subscriber growth.
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in
You may also like
99 Store is Swiggy’s latest bet in a saturated food delivery market
The food and grocery delivery giant is facing intense competition in both its core businesses, but the odds are stacked against Rs 99 meals being the solution.
The big hit to Meesho’s financials from the tax on flipping
The social commerce platform is reportedly on the hook for $288 million that it will have to pay US authorities to move its domicile back to India ahead of an IPO.
IndusInd Bank’s near Rs 2,000 cr financial dent was caused by ‘incorrect accounting’
An independent investigation, in its report, blames the notional recording of profits by the bank in its internal derivatives trades.