Vodafone Idea shares rose sharply after reports that a consortium of public-sector banks led by SBI is nearing approval of a larger debt package for the telecom operator. The funding is part of Vis broader Rs 45,000-crore requirement and could provide financial flexibility to expand its network and execute planned capex.

Vodafone Idea shares rose sharply after reports that a consortium of public-sector banks led by SBI is nearing approval of a larger debt package for the telecom operator. The…

Vodafone Idea shares jumped 8% intraday on August 25, with trading volumes at 1.4 times the 10-day average, nearing its ₹15.34 52-week high.

Vodafone Idea shares surge 8% on SBI loan progress and tariff hike expectations, nearing 52-week highs.