Wednesday, May 18, 2022
HomeEconomyBusiness‘Government to hold 33% stake in Vodafone Idea post equity conversion'

‘Government to hold 33% stake in Vodafone Idea post equity conversion'

Vi’s management said the telco would repay a chunk of its upcoming Rs 8,160 crore debt—payable in the next 12 months—out of cash margins released after the recent return of bank guarantees (BGs), while around Rs 6,000 crore would be cleared from internal accruals.
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