<p><a href="https://www.deccanherald.com/tags/vodafone">Vodafone Group</a> will sell its remaining 3 per cent stake in Indian telecom infrastructure developer Indus Towers, the British telecom group said on Wednesday.</p><p>The British firm said it has launched a placing of its remaining 79.2 million shares in Indus Towers through an accelerated book build offering.</p>.Vodafone Idea loss narrows to Rs 7,176 crore in Q2.<p>The FTSE 100 company also said the proceeds from the placing will be used firstly to repay Vodafone's outstanding borrowings of $101 million, which was secured against its Indian assets.</p><p>In June, Vodafone sold a bigger-than-planned 18 per cent stake in Indus Towers, raising $1.82 billion.</p>
<p><a href="https://www.deccanherald.com/tags/vodafone">Vodafone Group</a> will sell its remaining 3 per cent stake in Indian telecom infrastructure developer Indus Towers, the British telecom group said on Wednesday.</p><p>The British firm said it has launched a placing of its remaining 79.2 million shares in Indus Towers through an accelerated book build offering.</p>.Vodafone Idea loss narrows to Rs 7,176 crore in Q2.<p>The FTSE 100 company also said the proceeds from the placing will be used firstly to repay Vodafone's outstanding borrowings of $101 million, which was secured against its Indian assets.</p><p>In June, Vodafone sold a bigger-than-planned 18 per cent stake in Indus Towers, raising $1.82 billion.</p>