DSIJ Mindshare

The Board of Directors of Vodafone Idea Limited approved the offer and issue of fully paid-up equity shares of the company by way of rights issue in a board meeting held on January 23, 2019. The terms of the right issue were approved in the meeting held on Wednesday, March 20, 2019.

The adage 'one man's loss is another's gain' stands true in the Indian Aviation sector. The market is rife with news reports that lessors of Jet Airways have offered the aircraft grounded for non-clearances of dues to rival airline Spicejet.

BharatNet is the world’s largest rural broadband initiative undertaken by the Indian government. Established in 2017, the project includes provision for on-demand affordable broadband connectivity of 2 Mbps to 20 Mbps for all households and on-demand capacity to all institutions. It is a part of the Digital India vision implemented through a partnership with states and the private sector.

Following stocks are close to their 52-weeks low as at 12.52 p.m. on March 20, 2019.

The markets on March 20, 2019 opened up. BSE Sensex is trading at 38,374.44, up by 10.97 points and the Nifty is trading at 11,517.70, down by 14.70 points.