Centre now largest Vodafone Idea shareholder as firm gives it 33.4% stake

Vodafone Idea, on Tuesday, issued 16,130 million equity shares to the central government, giving it a 33.4 per cent stake in the company.

With this government also becomes the largest shareholder of the telecom company. The operational and management control of the company will remain with existing promoters.

The issue of shares comes within days of