Vodafone gets nod to buy 100% of India unit

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Vodafone received an approval from India’s Foreign Investment Promotion Board (FIPB) to buy remaining stakes of Indian unit for $162.9 million.

But the transaction is not a done deal just yet, as it still requires final approval from India’s Cabinet Committee on Economic Affairs. Read more

Sweekar S

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Website: http://blog.tonsetelecom.com/

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