Uphill task for new CEO to get Voda Idea back on track

NEW DELHI|MUMBAI: Vodafone Idea chairman Kumar Mangalam Birla and its new chief executive Ravinder Takkar met telecom minister Ravi Shankar Prasad on Tuesday for a “courtesy meeting,” a day after Balesh Sharma quit as the telco’s CEO.

“It was a courtesy meeting with the new CEO in place,” said a person familiar with the matter.

Takkar has an uphill task in hand, as Vodafone Idea is grappling with a bruising integration process, underlined by financial and subscriber losses that have singed its valuation.