AGR Current Affairs, GK & News

Indian Government Majority Stake in Vodofone

The Vodofone recently announced that its board members have given permission to convert the Adjusted Gross Revenue dues to equity. With this GoI will now have 35.8% of share in Vodofone company. This makes it the largest shareholder of Vodofone. Background The Vodofone had to pay Rs 58,254 crores of Adjusted Gross Revenue to the ..