TelecommunicationVodafone and Birla fight to save Indian telecom joint venture
Lobbying intensifies as fate of Vodafone Idea rests in government's hands
A Vodafone Idea store in Kolkata, India. The mobile operator has reached a critical juncture in its bid to survive. © Getty Images
DEV CHATTERJEE, Contributing writer
September 7, 2021 15:01 JST
MUMBAI -- When Kumar Mangalam Birla, chairman of the $46 billion in revenue Aditya Birla Group, walked into Indian government offices in New Delhi last week with Vodafone Group CEO Nick Read in tow, they had only one mission: to salvage their joint venture Vodafone Idea from imminent financial collapse.