The government is set to increase its stake in Vodafone Idea to 48.99% by acquiring shares worth Rs 36,950 crore in exchange for spectrum auction dues. This move, following a relief package introduced in 2022, aims to alleviate Vodafone Idea’s financial distress and address the company’s significant debts and AGR obligations.
Related Posts
‘Mina-san Kon’nichiwa’: Yogi speaks in Japanese as UP signs MoUs with Yamanashi guv
Uttar Pradesh chief minister Yogi Adityanath and Kotaro Nagasaki, governor of Japan’s Yamanashi Prefecture, sign MoUs in Lucknow to enhance economic and cultural cooperation. This […]
Nearly 50 companies offer 13k internship opportunities under govt scheme
Close to 50 companies, including major players like TCS, Tech Mahindra, and L&T, have offered over 13,000 internships through the PM Internship scheme portal. Around […]
