Vodafone Idea Q1 losses narrow as tariff hikes boost realisation; Takkar elected chairman

Vodafone Idea on Wednesday reported marginal narrowing of its consolidated loss to Rs 7,296.7 crore for the June quarter compared to the year-ago period, as tariff hikes boosted its realisations.

The company informed that Ravinder Takkar will take over as Chairman with effect from August 19, and that Himanshu Kapania will step down as non-executive Chairman.