ubhash Chandra. File photo
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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