 "Vodafone Idea")
Govt set to become largest shareholder of Vi, to own 35.8% stake
The government is set to become the largest shareholder of Vodafone Idea as it has opted to convert interest on deferred spectrum and adjusted gross revenue dues into equity.
The Centre in its telecom reforms package last October granted telecom companies a four-year moratorium on spectrum and AGR dues. Companies were also granted an option to convert interest on deferred liabilities into equity. Read more
Tata Group to replace Vivo as IPL title sponsor from this year
One of India's largest business conglomerates, the Tata Group, will replace Chinese
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