The Indian government has confirmed that it has no plans to increase its stake in the struggling telecom company, Vodafone Idea (Vi).
Despite ongoing challenges faced by the company, the government remains firm on its decision to maintain its current investment level. This move indicates a cautious approach amid the telecom sector’s evolving landscape.
Vodafone Idea continues to navigate financial difficulties, but as of now, there will be no change in the government’s shareholding position. Stakeholders and industry observers will likely watch closely for future developments.
https://www.newsbytesapp.com/news/business/government-won-t-raise-stake-in-vodafone-idea-jyotiraditya-scindia/story
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