Vodafone Idea Promoters Hesitant To Infuse Required Capital
Vodafone Idea (Vi) has been struggling to make ends meet because of cash stress on the business. The move to convert interest dues into equity for the government isn’t going ahead. The government wants the promoters to infuse a significant amount of capital before it can jump to take a stake in the cash-strapped telco. An ET Now report suggests that the promoters are willing to infuse capital into the company....