Vodafone India on the brink of Bankruptcy after court orders
Vodafone Idea, the Indian subsidiary of UK based Vodafone plc is on the brink of collapse after an Indian court ordered Vodafone Idea and Bharti Airtel to pay $13 billion to the government by March 17. Vodafone Idea has to pay the $7bn it owes in retrospective license and spectrum fees. The bankruptcy would be a setback for a growing Indian economy.
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