View | A serious wound was treated with duct tape by Vodafone Idea.

The government will turn a tiny portion of VI's debt into equity shares, adding a new twist to the Vodafone Idea story. VI will exchange over ₹37,000 crore for ₹10 equity shares. So many questions. When the stock was trading at ₹6.8, why would the government purchase shares at ₹10? Following the Indian government's conversion of some of its debt into equity, Vodafone Idea's shares surged on the first trading day, reversing all of the losses from the beginning of 2025.