Trending Vodafone might exit India in three months (1 Viewer)

Ashok Varma

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Ashok Varma

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Ashok Varma

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Vodafone Idea Will Close If Government Doesn't Provide Any Relief: Kumar Mangalam Birla
"We will have to shut shop," Mr Birla said on a query about the course of action for the company going ahead in the absence of government relief. He was speaking at the Hindustan Times Leadership Summit here.
They are threatening Govt. even after price hike and filed review petition in Supreme Court for waivers! I think they are already prepared to shutdown.
Birla was speaking at the Hindustan Times Leadership Summit. Birla indicated that his group will not invest any money in the company in the absence of relief from the government. "There is no sense that good money should follow bad money," he said.
"It's a very sad thing to happen though I don't want that to happen," Birla said.
//economictimes.indiatimes.com/articleshow/72396252.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
 
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thisisjagan

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They are threatening Govt. even after price hike and filed review petition in Supreme Court for waivers! I think they are already prepared to shutdown.
Birla was speaking at the Hindustan Times Leadership Summit. Birla indicated that his group will not invest any money in the company in the absence of relief from the government. "There is no sense that good money should follow bad money," he said.
"It's a very sad thing to happen though I don't want that to happen," Birla said.
//economictimes.indiatimes.com/articleshow/72396252.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Govt is in a situation that others are able to threaten. Govt has made the economy a mess and anymore business closure will hurt Investments very badly.
 

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