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Kumar Mangalam Birla Comments on Vodafone Idea Turning Point

Kumar Mangalam Birla, chairperson of the Aditya Birla Group, a promoter of Vodafone Idea Limited (VIL), recently talked about the telco. Birla, for the obvious reasons, refrains from commenting too much about the telco in public forums. But after the recent developments, even he has commented about the business. For the unaware, the government recently […]

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Kumar Mangalam Birla, chairperson of the Aditya Birla Group, a promoter of Vodafone Idea Limited (VIL), recently talked about the telco. Birla, for the obvious reasons, refrains from commenting too much about the telco in public forums. But after the recent developments, even he has commented about the business. For the unaware, the government recently gave a huge adjusted gross revenue (AGR) relief to Vi. The telco doesn’t have to pay the AGR dues to the government for a decade from here.

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