PROMOTER COMMITS TO BRING IN FUNDS: Govt to convert Vi's ₹16,133-cr dues into equity
Financial Express Mumbai|February 04, 2023
Promoters have put in ₹4,900 cr so far; need to raise ₹20,000 cr more 
JATIN GROVER
PROMOTER COMMITS TO BRING IN FUNDS: Govt to convert Vi's ₹16,133-cr dues into equity

IN A HUGE relief to Vodafone Idea, the government on Friday finally decided to convert the company's accrued interest worth 16,133 crore on account of deferment of AGR and spectrum dues into equity. The government said that the Aditya Birla Group one of the promoters - has given a commitment to bring in additional funds.

"We had sought a firm commitment that the Aditya Birla Group would run the company and bring in necessary investments. Hence, we have agreed to convert. We want India to be a three-player market plus BSNL and ensure healthy competition for consumers," communications minister Ashwini Vaishnaw said in a statement.

この記事は Financial Express Mumbai の February 04, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Financial Express Mumbai の February 04, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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