Vodafone Group has accelerated a payment of about Rs 1,530 crore to Vodafone Idea, due in September 2020, under the terms of the ‘contingent liability mechanism’
The group has accelerated this payment to provide liquidity to manage company’s operations and to support the approximately 300 million Indian citizens who are Vodafone Idea customers as well as the thousands of company’s employees during this phase of emergency health measures, taken as a result of the COVID-19 pandemic
Vodafone Idea is an Aditya Birla Group and Vodafone Group partnership. It is developing world-class infrastructure to introduce newer and smarter technologies, making both retail and enterprise customers future ready with innovative offerings conveniently accessible through an ecosystem of digital channels as well as extensive on-ground presence.
| Company Name | CMP |
|---|---|
| Bharti Airtel | 1858.85 |
| Vodafone Idea | 14.55 |
| Indus Towers | 384.65 |
| Tata Communications | 1925.50 |
| Bharti Hexacom | 1444.25 |
| View more.. | |
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: