Thursday, February 6, 2014

Cabinet approves Vodafone's Rs.10,141 crore FDI proposal | ummid.com

Cabinet approves Vodafone's Rs.10,141 crore FDI proposal | ummid.com

The union cabinet Thursday approved a proposal of British telecom major Vodafone to buy out minority shareholders in its Indian arm for Rs.10,141 crore ($1.7 billion) to raise its stake to 100 percent, an official statement said here.