Kumar Mangalam Birla raises stake in Vi, buys 1.86 crore shares

Kumar Mangalam Birla chairman of the Aditya Birla Group ABG), has increased his stake in telecom venture Vodafone Idea (Vi) underlining his confidence in the struggling telco which is looking to raise Rs25,000 crore debt to back up an equity funding of Rs 24,000 crore. On September 6, Birla bought 1.86 crore shares in Vi, … Read more

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