Vodafone Idea to Close Equity Funding Talks in Current Quarter: CEO Akshaya Moondra

Vodafone Idea to Close Equity Funding Talks in Current Quarter: CEO Akshaya Moondra

Mumbai: Vodafone Idea chief executive Akshaya Moondra said the cash-strapped telecom operator will close its equity funding talks in the ongoing quarter, which will be followed by banks lending more. Talks with equity investors have progressed from the last quarter, he said.Moondra said on Monday also that the one promoter that had committed to provide financial support of up to Rs 2,000 crore was yet to infuse the money…

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