Package to kickstart fundraising talks, closure soon: Vodafone Idea MD Ravinder Takkar

Bolstered by the Government’s telecom package, Vodafone Idea, the telco which needed to get onto the lifeboat the most, can now see the shoreline. Ravinder Takkar, the managing director of Vi, says the telco may opt to convert interest from deferred dues into government equity, could be the first one to raise tariffs and is all set to bring in funds. Speaking to ET’s Devina Sengupta, the MD said despite the sceptics, “Vi will survive”. Edited excerpts:

What does the future hold for Vodafone Idea, now that the relief package has come? Is the worst over?