Vodafone India received fresh equity capital of $7.2 billion from British telecom player Vodafone Group. This is the largest-ever foreign direct investment in rupee terms in the country. The company will use the funds to strengthen its spectrum portfolio, network roll-out and retire debt, reports Business Standard. Sunil Sood, chief executive...
Vodafone CEO Sees a New India Emerging
Economic Times reports that the Vodafone Group CEO Vittorio Colao, who had in September last year stated that doing business in India was “complicated”, said he sees positive signs at high levels. Asked if it has become easier to do business in India since Prime Minister Narendra Modi-led government took...