Moneycontrol PRO

business

DoT permits Voda to hike stake in Indian arm to 100%

But raises the red flag on valuations being offered to buy out existing investors, the Piramals and Analjit Singh. While Ajay Piramal's 10.97 percent stake will be fetching him Rs 8,900 crore, Analjit Singh's indirect 24.65 percent will get him only Rs 1,241 crore.

first published: Dec 5, 2013 07:53 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347