Govt measures to boost confidence of Vi investors, staff, feel ABG officials

Significant cash flow relief, estimated by analysts at nearly ₹1 lakh crore, and government backing will allow Vodafone Idea NSE 1.78 % (Vi) to not only survive the next four years but also beyond, said an Aditya Birla Group (ABG) executive. The company will be able to infuse cash into operations, boost capex and fight aggressively in the market, besides becoming more attractive to potential investors, added this executive.