Why is Kumar Mangalam Birla investing Rs 24.89cr in Vodafone Idea now?

Why is Kumar Mangalam Birla investing Rs 24.89cr in Vodafone Idea now?

In a move signaling continued confidence in the telecommunications sector, Indian business magnate Kumar Mangalam Birla has acquired shares worth Rs 24.89 crore in Vodafone Idea, India’s third-largest mobile service provider. This purchase was executed through an open market transaction, further solidifying Birla’s stake in the debt-ridden telecom company. According to recent regulatory filings, Kumar […]