UK-Based Vodafone Plans to Invest Rs 8000 Crore in its Indian Arm
The UK-based telecom operator Vodafone, in its annual report, has stated the plans for investing 1 billion Euro or around Rs 8,000 crore in the yet-to-be-merged entity with Idea Cellular. Both the telcos are expecting the proposed merger to get required approvals within this month itself. Furthermore, Vodafone stated that it would be ready to monetise the stake in Indus Towers if required, to make more investment in the merged... Read More