Vodafone Idea Ltd’s outstanding interest on spectrum auction and AGR have crossed Rs 16,000 crore, which the company cannot procure from its business operations in the country given the constant loss.
The L&T Finance Holdings Ltd’s board of directors, in a meeting held on 23 December, consensually decided to sale 100 percent of its paid-up shareholdings to HSBC Asset Management (India) Private Limited (HSBC AMC).