Vodafone has advanced infusion of $200 million (about Rs 1,530 crore) in its Indian joint venture with Aditya Birla Group, that is facing a humongous liability of past statutory dues. The amount, however, is relatively small when seen in the context of over Rs 58,000 crore liability that the cash-strapped Vodafone-Idea faces just on account of past dues as a fallout of a Supreme Court decision.
from Gadgets Now https://ift.tt/2KsXH6d
Thursday, April 23, 2020
Vodafone Idea's long term viability remains under cloud, despite near-term liquidity support: Report
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