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Reputation: 642,713  •  Jun 24, 2023 6:31 AM
Vi paying monthly bills, but clearing arrears may need fundraise: Indus Towers
Vi paying monthly bills, but clearing arrears may need fundraise: Indus Towers
"...the fundraising for Vi is still critical in order to clear past dues... (We) await clarity (from the company) on past recoveries," JP Morgan said in a note after hosting an investor conference with Indus chief financial officer Vikas Poddar. Poddar has also said Indus may consider dividend payouts this financial year if collections from Vi don't worsen.
The Economic Times

https://economictimes.indiatimes.com/industry/telecom/tel...
#IDEA #PODDARHOUS

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