The German investment bank said, “The Aditya Birla Group (one of VIL’s co-promoters) may even consider getting Vodafone Idea to go into bankruptcy on the chance that it may be able to repurchase the rump of the business.”
It added that this was an “ambiguous area” with the government wanting to avoid promoters buying assets of their failed companies for fear of regulatory arbitrage, even though when it comes to self-declared bankruptcies, the rules are not entirely clear.
@godric_gt All the more reasons for customers to jump ship. Especially those who get poor signal & speeds. Maybe that's why we don't see any new tech innovations/features coming from VIL now. Heard many of their staff are busy job hunting than doing the current job.