DoT awaiting investors detail from Vodafone Idea for Rs 15,000 crore FDI application

New Delhi: The Department of Telecom is awaiting the details of investors from Vodafone Idea for clearing the telco’s Rs 15,000 crore foreign direct investment proposal, an official source said on Thursday.

Debt-ridden Vodafone Idea (Vi) has sought government approval to raise Rs 15,000 crore to fund its operations in the country.

“There is no issue in Vodafone Idea raising Rs 15,000 crore but they need to provide investors’ details for the processing of the application. The final approval has to be given by the Cabinet,” an official source told .