Vodafone group’s capital infusion into Voda Idea inadequate: Analysts - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Vodafone group’s capital infusion into Voda Idea inadequate: Analysts

The struggling telecom operator needs a hefty capital infusion from its promoters at the earliest to clear its massive adjusted gross revenue (AGR) dues and survive, they said. VIL faces AGR-based dues of Rs 58,254 crore, of which it paid Rs 6,854 crore to the Department of Telecommunications in three tranches last month.

from Industry-Economic Times
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