From Debt to Equity: Government’s 48.99% Stake in Vodafone Idea Signals Telecom Revival

Unknown Apr 02, 2026 350 Views

In a major decision to help the financially strapped telecom operator Vodafone Idea (Vi), the Government of India has decided to convert ₹36,950 crore of unpaid spectrum auction fees into equity. This will increase the government's holding in the company from 22.6% to around 48.99%, making it...

Stay Ahead – Explore Now! RBI Discloses ₹7.73 Trillion Banking Cash Surplus Amid Flat Government Auction Balance