Vodafone set to plough another $120m into India

Vodafone Idea is reportedly set to receive an equity infusion worth around US$1.7 billion, with its UK parent contributing a chunk of the total.
So claims the Economic Times, whose unnamed sources privy to discussions around the telco’s financial future noted that Vi shareholders Vodafone and Aditya Birla group are on the hook for half of an infusion of 140 billion-rupee ($1.7 billion) in equity as part of a turnaround plan for the troubled telco.
The parent companies have already invested