Breaking Kumar Mangalam Birla willing to give up his stake in Vodafone Idea to a PSU

[iDJ]

Wont opposition chidded Gov of suit boot sarkar favoring buisness and ignoring common men/farmers

Nope, opposition won't. Nobody want monopoly in telecom sectors which is not good for anyone.

 

[Ashok Varma]

Bankers may acquire stakes in Vi after Promoters capital write-off.

Lenders to debt-laden Vodafone Idea look at swapping debt for equity

Over the years, Vodafone PLC has invested $30 billion in Vodafone India and has written off the entire investment

www.business-standard.com

 

[rohitvatsa]

Bankers may acquire stakes in Vi after Promoters capital write-off.

Lenders to debt-laden Vodafone Idea look at swapping debt for equity

Over the years, Vodafone PLC has invested $30 billion in Vodafone India and has written off the entire investment

www.business-standard.com

Doesn't matter it may help the company afloat in 1 form or the other but their investments will be severely pared down.

 

[Ashok Varma]

Doesn't matter it may help the company afloat in 1 form or the other but their investments will be severely pared down.

Both Promoters were already agreed to transfer their equity for FREE.

 

[A^00P]

Nope, opposition won't. Nobody want monopoly in telecom sectors which is not good for anyone.

Opposition party give about monopoly and all . According to them is gov job and not theirs. if they get points to score against gov durning election time then will do it

 

[iDJ]

Vodafone Idea shares spike after promoter Kumar Mangalam Birla's meeting with India's Telecom minister - Business Insider India

Nearly a month after quitting as the Chairman of Vodafone Idea, Kumar Mangalam Birla has met Union Minister for Communications Ashwini Vaishnav.

www.businessinsider.in

 

[Esmail]

Vodafone Idea shares spike after promoter Kumar Mangalam Birla's meeting with India's Telecom minister - Business Insider India

Nearly a month after quitting as the Chairman of Vodafone Idea, Kumar Mangalam Birla has met Union Minister for Communications Ashwini Vaishnav.

www.businessinsider.in

No one knows what he spoke with the telecom minister or whether it will have any effect on Vi's condition. Just the fact that he met him caused the shares to spike