Vodafone Idea Default: Impact on Debt Mutual Funds
What really went wrong with Vodafone Idea? Brief background: Fifteen telecom companies owe over Rs 1.47 lakh crore to the Government of India in lieu of past license fees, spectrum charges, interest and penalties (“Adjusted Gross Revenue” or “AGR“). Vodafone Idea alone owes the Government over Rs. 54,000 Crore in this regard. Keep in mind: Of […]