KM Birla offers to transfer group's entire stake in beleaguered Vodafone Idea to Indian govt

KM Birla offers to transfer group's entire stake in beleaguered Vodafone Idea to Indian govt

Kumar Mangalam Birla. Photographer: Udit Kulshrestha/Bloomberg

Aditya Birla Group chairman Kumar Mangalam Birla has offered to transfer the group’s entire ownership in Vodafone Idea Ltd to the government in a last-ditch effort to keep the cash-strapped telco from collapsing.

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