Monday , January 27 2020

Franklin cuts Vodafone Idea’s debt exposure to zero on court snub

Bloomberg Franklin Templeton Asset Management (India) Pvt marked down its debt exposure to Vodafone Group Plc’s India venture to zero, concerned by the operator having to pay $4 billion in back-fees as early as next week. The carrier’s shares suffered a record plunge. The payment deadline has led to “significant ...

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