Government

Vodafone Idea Decides To Converse Debts Into Equity, Government Owns The Share

Vodafone Idea Decides To Converse Debts Into Equity, Government Owns The Share

On Tuesday, Vodafone-Idea informed the exchanges about the decision of resolving debts and interests converting into government equity. The company decided to adjust the gross revenue dues by converting them into equity.  This is a smart business move by Vodafone. Vi was under debt, which exceeded Rs 2 lakh crore, and tried methods to raise…

New Scrappage Policy Launched: What Mr. Gadkari Says On It

New Scrappage Policy Launched: What Mr. Gadkari Says On It

New Delhi: PM Narendra Modi announced a new scrappage policy on Friday. It is also known as Voluntary Vehicle-Fleet Modernization Program (VVMP). The new scrap policy will bring many new changes across the country, ranging from increased new auto sales to reducing pollution and limiting the road accidents that have been a significant reason for…