Results for: Kumar Mangalam Birla

The successful completion of Vodafone Idea’s 18,000-crore follow-on public offer (FPO) marks a significant turning point for the Indian telecom industry, according to Aditya Birla Group chairman Kumar Mangalam Birla. Calling Vodafone Idea a ‘national asset,’ Birla expressed his belief that the company is well-positioned for a smart turnaround with the support of the funds raised and continued backing from banks.

Vodafone Idea’s Follow-on Public Offer (FPO) has been hailed by Aditya Birla Group Chairman Kumar Mangalam Birla as a turning point for India’s telecom industry. The event signifies the start of ‘Voda Idea 2.0,’ and the company’s shares rebounded significantly after the FPO listing.