Vodafone Idea Jumps Over 3% Amid Reports Of Funding Talks With PFC, REC
Tue, Sep 10, 2024 12:00 PM

Vodafone Idea Jumps Over 3% Amid Reports Of Funding Talks With PFC, REC

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Shares of Vodafone Idea soared after reports said that the Indian telecom giant was in discussions with state-owned lenders Power Finance Corp (PFC) and REC to secure loans for its medium-term funding requirements. Vodafone Idea and its parent company, Aditya Birla Group (ABG), have been in discussions with PFC and REC for the past fortnight, according to a report by The Economic Times.

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