Vodafone Idea Could Convert Rs 170 Billion Govt Debt into Equity
Vodafone Idea's Chief Executive Officer, Akshaya Moondra confirmed on a recent company call with the investors and analysts on September 23, 2024, that Rs 170 billion towards government debt could be converted into equity. "The total payout to the government is Rs 43,000 crore annually, or Rs 430 billion. Out of that, about Rs 170 billion is from deferred series of instalments which are covered by the reforms package and... Read More