Vodafone Group has made it clear that there will not be any fresh equity infusion in Vodafone Idea Ltd. Evergrande Group of China missed loan payments to two of its largest bank creditors.
More on these stories and other top headlines of the day:
No fresh equity for Voda Idea
Vodafone plc has made it clear that it will not make any fresh equity infusion in its Indian telecom business--Vodafone Idea Ltd (VIL). Responding to a query, a spokesperson at the UK-headquartered telco said: “Just to confirm our position, there will be no new equity infusion from Vodafone Group.”