<ul><li>The Government of India has agreed to pick up more stake in Vodafone Idea in lieu of spectrum auction dues.</li><li>The Government's shareholding in Vodafone Idea will increase from 22.60% to 48.99% post the issuance of equity shares.</li><li>The total amount to be converted into equity shares is Rs 36,950 crore.</li><li>The promoters will continue to have operational control of the company.</li></ul>

Vodafone Idea Gets Another Lifeline As Government Picks Up More Stake Against Spectrum Dues

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