Vodafone India no longer bankrupt

According to the final print of the Supreme Court judgment, Vodafone Group Plc doesn’t need to make any payment and is not considering them bankrupt after two decades of payment dispute with the government. The court of the three-judge panel has allowed the phone operators 10 years to pay them back fees of $19 million. Vodafone and Idea’s board will soon discuss fundraising.

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News source: ET

Update by Anupama Das