In a nine-page order, Sebi said the acquisition of a shareholding in VIL by the Government of India (GoI) is proposed with the sole intent of saving the larger public interest.
VIL expects the government to complete the conversion of around Rs 16,100 crore dues into 33 per cent stake in the company in the coming weeks.
Vodafone Idea CEO Ravinder Takkar said as part of the telecom reforms package, the company has opted for converting government dues into equity and its...
Its revenue from operations rose 6.6 per cent year-on-year to Rs 10,239.5 crore in Q4 FY22.
