Vodafone Idea Rescue Plan Makes Government Largest Shareholder: 10 Points

After the conversion of dues into equity, the government will become the largest shareholder of Voda Idea. Promoter shareholders Vodafone Group would hold around 28.5 per cent and Aditya Birla Group around 17.8 per cent. According to the company's estimates, the value of the interest is expected to be about Rs 16,000 crore ($2.16 billion). Vodafone Idea is a combination of the India unit of Britain's Vodafone Group and Idea Cell...