Govt set to become largest shareholder in Vodafone Idea, get stake in Tata Tele

In a rare development, the Centre is set to receive ownership in two private telecom companies – the debt-laden Vodafone Idea and Tata group’s Tata Teleservices (TTL) – in lieu of the interest dues from them, as part of the revival package for ailing players announced last September.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3GnWQz6