Recently the GOI announced a revival plan for BSNL for Rs 89 K Cr. In my, view the plan just falls short of unlocking the full value. One analogy could be that someone climbing Everest stops pursuing the peak just a few meters short of the target. Let me explain what I mean.
Balancing Act: Navigating Vodafone Idea’s Debt Dilemma and the GOI’s Equity Gamble
In a notable move, the Government of India (GOI) converted the interest payment obligations of Vodafone Idea (VI) during the...