Subhash Chandra to face insolvency

PTI

Updated At : 04:04 PM Apr 23, 2024 IST

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New Delhi: The NCLT has ordered insolvency proceedings against media baron Subhash Chandra on a plea by Indiabulls Housing Finance. Zee Entertainment chairman emeritus Chandra was a guarantor for a loan given to Essel group firm Vivek Infracon. PTI

Vodafone Idea raises Rs 18,000 crore in FPO

New Delhi: Debt-saddled Vodafone Idea has raised Rs 18,000 crore in India’s largest ever follow-on offering (FPO) as the issue got subscribed nearly seven times after institutional investors poured in money, stock exchange data showed.

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