Voda Idea calls banks for ₹7,000 cr emergency loans - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Voda Idea calls banks for ₹7,000 cr emergency loans

Co-promoted by the UK's Vodafone Plc and India's Aditya Birla Group (ABG), Vi needs the cash quickly as its dues to Indus have mounted to around ₹7,500 crore. It has given a commitment to the tower company to pay 100% of its current dues from January onwards, and also clear its outstanding as of December 31, 2022, over seven months, starting this month.

from Industry-Economic Times
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