On Friday, Vodafone Idea decided to raise up to 25 billion rupees through the sale of shares and debt from new investors, even as its UK parent has planned to stay away. A spokesperson for Vodafone plc said: “Our position has not changed. Vodafone Group does not intend to invest …
Read More »Vodafone Idea board approves fundraising plan of up to Rs 25 billion
(Representative image) NEW DELHI: telco operator with liquidity problems Vodafone idea on Friday it said its board has approved a fundraising plan of up to 25 billion rupees as the company tries to pay off the high debts it owes to the government. In a regulatory filing, the company said: …
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