Vodafone Idea in talks for fund raise, says floor price 'best' fix for pricing issues
Speaking at analyst call post Q4 earnings announcement, Ravinder Takkar, CEO of Vodafone Idea, said the company is currently holding active discussions with potential investors to raise funds
In the letter, VIL has made it clear that "it is almost inevitable" that the company will not be able to pay the said amount in April 2022
PTI
Updated Jul 03, 2021, 11:25 AM IST
Cash-strapped Vodafone Idea (VIL) on Friday said it is in active talks with potential investors for fund raising, and asserted that 'floor price' remains the "best and most preferred" fix for industry's woes arising from tariff-related issues.