{"id":203460,"date":"2019-11-18T10:17:02","date_gmt":"2019-11-18T10:17:02","guid":{"rendered":"http:\/\/151.106.38.4\/2019\/11\/18\/vodafone-idea-stocks-jump-25\/"},"modified":"2019-11-18T10:17:02","modified_gmt":"2019-11-18T10:17:02","slug":"vodafone-idea-stocks-jump-25","status":"publish","type":"post","link":"https:\/\/nagalandpost.net\/index.php\/2019\/11\/18\/vodafone-idea-stocks-jump-25\/","title":{"rendered":"Vodafone-Idea stocks jump 25%"},"content":{"rendered":"<p><img src=\/old_site\/http:\/\/new.nagalandpost.com\/cms\/gall_content\/no_images_650x.jpg><\/p>\n<p>Vodafone-Idea Ltd (VIL), on Monday which had hinted at not being able to remain as a going concern if relief does not come for the sector, advanced nearly 25 per cent on the NSE over a possible government-led revival.<\/p>\n<p>The sharp reversal in Vodafone and other telecom counters came after Finance Minister Nirmala Sitharaman said the government doesn&rsquo;t want any telecom company to shut operations.<\/p>\n<p>VIL closed 24.66 per cent higher at Rs 4.55 a stock on the NSE while Bharti Airtel also ended 4.62 per cent at Rs 411.20 apiece. Besides, the BSE Telecom index also jumped 3.42 per cent.<\/p>\n<p>&ldquo;Telecom stocks showed good momentum over reports that the government is considering a floor on tariffs,&rdquo; said Deepak Jasani of HDFC Securities.<\/p>\n<p>Airtel and Vodafone Idea have posted a combined loss of Rs 74,000 crore in Q2 by provisioning for the AGR pending dues.<\/p>\n<p>&ldquo;All factors have been subsumed in the discussions within the government on the telecom sector. Post-AGR, the Finance Ministry is trying to understand the impact of the order on the telecom sector,&rdquo; Sitharaman had said.<\/p>\n<div>&nbsp;<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Vodafone-Idea stocks jump 25%<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[667],"tags":[],"class_list":["post-203460","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/203460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/comments?post=203460"}],"version-history":[{"count":0,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/203460\/revisions"}],"wp:attachment":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/media?parent=203460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/categories?post=203460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/tags?post=203460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}