Reliance Jio entry made Vodafone Group write off EUR 5 billion for India unit
In an interesting turn of events, UK-based Telecoms Group Vodafone has recorded non-cash impairment charge of 5.0 billion euros during the first half of the fiscal ended September 30 in respect for its Indian unit. An increased competition due to the entry of Mukesh Ambani-led Reliance Jio Infocomm has resulted … Read More