Vodafone Idea's Rs 16,133 cr interest dues to be converted into equity

The government has approved conversion of over Rs 16,133 crore interest dues of debt-ridden Vodafone Idea into equity, the company said in a regulatory filing on Friday. Illustration: Dominic......

Govt to buy Vodafone Idea stake after share price stabilises at Rs 10 or above

The government will acquire a stake in debt-ridden Vodafone Idea after the stock price of the company stabilises at Rs 10 or above, according to an official source. Image used for representation......

Govt to get 35.8% stake in debt-ridden Vodafone Idea in lieu of dues

Debt-ridden Vodafone Idea (VIL) has decided to opt for converting about Rs 16,000 crore interest dues liability payable to the government into equity which will amount to around 35.8 per cent stake......

Airtel prepays Rs 15,519 cr to DoT

Telecom operator Bharti Airtel on Friday said it has paid Rs 15,519 crore to the government towards prepayment of its entire deferred liability pertaining to spectrum acquired in the 2014 auction.......