Home » BUSINESS » Vodafone Idea (VIL) shares tank 6 percent
BUSINESS

Vodafone Idea (VIL) shares tank 6 percent

Vodafone

Mumbai: Vodafone Idea (VIL) on Monday closed 6 percent lower on the BSE as investors reacted to the company’s Chairman Kumar Mangalam Birla’s statement that VIL will shut its business in the absence of relief with regards to the adjusted gross revenue-based dues.

Earlier in the day, VIL fell as much as 12 percent. What further troubled the Vodafone Idea investors was Birla’s comment that there will be no further capital infusion into the venture by either the Aditya Birla Group or Vodafone. (IANS)

 Also Read: Businessman arrested for Rs 6.34 crore GST fraud 

Also Watch: AASU hangs effigies of State Ministers in Kokrajhar against CAB