Business Standard

Floor price ain't good maths

It's avoided by regulators in developed countries as it is considered anti-competitive and anti-consumer

Telecom
Premium

Nivedita Mookerji
Nobody quite knows why Vodafone group chief executive Nick Read wants to meet Telecom Minister Ravi Shankar Prasad later this week. Read — earlier the chief financial officer at the UK-headquartered telco — is a numbers man with a degree in accounting and finance and hence his meeting with the minister at this critical juncture is expected to be about the maths of doing business in India. It could also be about the maths of leaving India.
 
Vodafone Idea, the joint venture operation in India, has already made multiple representations to the government with a wish list so that
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in