đź’¨ Abstract
The Indian government is set to increase its stake in Vodafone Idea to 48.99% by acquiring shares worth Rs 36,950 crore in lieu of outstanding spectrum auction dues. The government is already the single-largest shareholder with a 22.6% stake, and the new move will exceed the combined stake of the company's promoter firms, Vodafone and Aditya Birla Group.
Courtesy: theprint.in
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