Vodafone sees no remaining value in Indian operation

Vodafone now values its investment in its troubled Indian operations at zero and warns that the outfit is in need of more cash from its lenders.
The revelation came on Tuesday in the telecoms group’s full-year results announcement, but funnily enough was overshadowed by the news of that much-needed turnaround plan and its 11,000 job cuts in Europe. As the dust settles on that, we’re able to take a closer look at Vodafone’s various operations, including that problematic Indian p