Vodafone Idea shares slip over 15% as government to take majority 35.8% stake in telecom company
Shares of Vodafone idea declined over 15 per cent to Rs 12.05 per share on the BSE in Monday's intraday trade after Vodafone Idea approved conversion of spectrum interest, government dues into equity
Telecom shares tanked after Vodafone Idea said on Tuesday that its board had approved conversion of the full amount of interest related to spectrum auction instalments and dues owed to the government for use of the airwaves into equity