Big Relief for Vodafone Idea as India Caps Payouts for Past Dues

Big Relief for Vodafone Idea as India Caps Payouts for Past Dues



Big Relief for Vodafone Idea as India Caps Payouts for Past Dues
India has capped the annual payouts for past dues of Vodafone Idea Ltd. to a maximum of 1.24 billion rupees ($13.8 million) as the government throws a lifeline to the beleaguered wireless carrier that has not reported a profit since 2016.


www.bloomberg.com
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