Multiple choice

B.K. Modi of Spice Group sold his 40.8% stake to

  1. Airtel

  2. BSNL

  3. Idea Cellular

  4. Vodafone
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

B.K. Modi's Spice Group sold its 40.8% stake in Spice Telecom to Idea Cellular in a strategic acquisition. This deal was part of the consolidation in the Indian telecom sector, with Idea Cellular expanding its market presence through this acquisition.

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