Even bailout attempt won’t help Vodafone Idea compete with peers: Analysts - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Even bailout attempt won’t help Vodafone Idea compete with peers: Analysts

“The government will find it too expensive to provide a large enough fix needed to prop up VIL for anything other than the medium-term,” Deutsche Bank said. It also said, “The Aditya Birla Group (one of VIL’s co-promoters) may even consider getting Vodafone Idea to go into bankruptcy on the chance that it may be able to repurchase the rump of the business.”

from Industry-Economic Times
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