Watch: Why did the government give Vodafone-Idea a lifeline? | Business Matters

News earlier this week that the Indian government raised its stake in telecom service provider Vodafone Idea from 22.60 per cent to 48.99 per cent raised a few eyebrows.

This move will dilute the stakes of promoters, i.e. the Aditya Birla Group and Vodafone Plc, though they will continue to retain control of the company. Why did the government do this? And was there any outgo of funds for this purpose?

Script & Presentation: K. Bharat Kumar

Ideation: V. Nivedita

Production: Shibu Narayan