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...
By Sanjai P R · Bloomberg
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.