Kumar Mangalam Birla of Aditya Birla Group hails the successful conclusion of Vodafone Idea's FPO as a turning point for the telecom industry. The FPO, raising Rs 18,000 crore, is seen as a national asset and marks the beginning of Vi 2.0, signaling a fresh lease of life for the company. The rescue involved a billionaire, the Indian government, and investors, with Birla emphasizing a smart comeback for Vi.
How a billionaire, the Indian government and investors rescued cash-strapped Vodafone Idea. @menakadoshi writes in this week's India Edition (Free to read) https://t.co/VQ1NgKfmws
How a billionaire, the Indian government and investors rescued cash-strapped Vodafone Idea. @menakadoshi writes in this week's India Edition (Free to read) https://t.co/qxHsq9sgA6
Rs 18kcr FPO Marks Start of Vi 2.0: Kumar Birla https://t.co/6Qq3xFgnCd
CNBC's Inside India newsletter: A $270 billion gamble on green? https://t.co/rYJ9O0UVaC
STORY | Fundraise of Rs 18,000 cr fresh lease of life for Vi; firm to make smart comeback: Kumar Mangalam Birla READ: https://t.co/IbeDXwVdjO https://t.co/Ucv8EpJfLl
#LeadStoryOnET | #VodafoneIdea a national #asset, Rs 18,000 crore #FPO super show sets stage for 2.0: #KMBirla https://t.co/04aNU9oUL8
A corporate rescue marked by a billionaire promoter who played hardball, a multinational telecom partner that's all but thrown in the towel and a government that's turned from villain to hero. My latest on #IndiaEdition (Free to read) https://t.co/nrlRQ3kzQ3
How a billionaire, the Indian government and investors rescued cash-strapped Vodafone Idea. @menakadoshi writes in this week's India Edition (Free to read) https://t.co/9xdWDHHG01
#VodaIdea a national asset: #KMBirla https://t.co/04aNU9oUL8
"Successful conclusion of FPO marks turning point of telecom industry," says Kumar Mangalam Birla of Aditya Birla Group @AdityaBirlaGrp https://t.co/2Zhh8QVstd