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Indian government increases stake in Vodafone Idea to 48.99% to ease financial strain.
The Indian government is increasing its stake in telecom company Vodafone Idea to 48.99% by converting the firm's outstanding spectrum auction dues into equity shares worth Rs 36,950 crore.
This move aims to alleviate financial pressure on the struggling company, while the original promoters will retain operational control.
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El gobierno indio aumenta la participación en Vodafone Idea al 48,99 % para aliviar la tensión financiera.