Vodafone Idea Raises $222 Million Via Preferential Allotment

Vodafone Idea Raises $222 Million Via Preferential Allotment




India’s Vodafone Idea Ltd. has raised 19.1 billion rupees ($222 million) via a preferential allotment of shares to entities belonging to Vodafone Group Plc as the unprofitable wireless operator seeks to turnaround its business amid battles with larger rivals.



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