17 - Sep - 2020

Vodafone Idea will have to shut shop if Govt doesn't provide relief, says Chairman Kumar Birla.

Vodafone Idea will have to be closed down if the government doesn't provide relief that the company has sought. This has been stated by Kumar Mangalam Birla who is a co-promoter of Vodafone Idea. He stated this to a query made about the course of action the company is going to take in the absence of government relief. He was speaking at the Hindustan Times Leadership Summit here. Birla also indicated that his group will not invest any money in the company in the absence of relief from the government.