Friday, March 29, 2019

The Voda-Idea rights issue: A Rs 25,000 crore offer you might still want to think about

The Voda-Idea rights issue: A Rs 25,000 crore offer you might still want to think about The ratio of the rights issue is at 87:38, meaning for every 38 shares held you have the right to buy 87 shares. The issue price is at Rs 12.5 รข€“ a massive discount of 56 percent from the current price of Rs 28.50.

from Moneycontrol Business News https://ift.tt/2V2rqXx

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...