Business

⚡Vodafone Explores Stake Transfer to Support Indian Unit

By Team Latestly

Vodafone Group is considering transferring part of its 19 per cent stake in Vodafone Idea to the Indian carrier’s treasury. The move aims to boost capital following a reduction in government dues to 640.46 billion rupees. This restructuring is intended to support the company’s efforts to secure 350 billion rupees in new bank loans.

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