VIL board approves Rs 25,000cr fund raising plan

Cash-strapped telecom operator Vodafone Idea on Friday said that its board has approved a fund raising plan of up to Rs 25,000 crore as the company tries to pay off the hefty dues it owes to the government. The funds will be raised through a combination of equity and debt instruments and the total fund-raising will not exceed Rs 25,000 crore.

VIL board approves Rs 25,000cr fund raising plan
Cash-strapped telecom operator Vodafone Idea on Friday said that its board has approved a fund raising plan of up to Rs 25,000 crore as the company tries to pay off the hefty dues it owes to the government. The funds will be raised through a combination of equity and debt instruments and the total fund-raising will not exceed Rs 25,000 crore.