Promoters unwilling to infuse capital in Vi, govt stake unviable: Report

The promoters of Vodafone Idea (Vi) are not willing to infuse more capital and it is making it unviable for the government to convert the accrued interest on deferred adjusted gross revenue (AGR) dues into equity, a report in the Economic Times (ET) said. 

The promoters are willing to infuse Rs 2,000-3,000 crore but it is too less to revive the company. "Vodafone Idea (Vi) needs around Rs 40,000-45,000 crore for sustaining itself. Assuming that banks fund around half of it, the promoters have to put the rest. In the absence of promoter funding, it will be difficult for the