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Modi Government unpleased with Vodafone's business 'uncertainty' as CEO takes a U-turn

Shortpedia

Content Team
Image Credit: Shortpedia

A day after expressing his disappointment over the policies of the Indian government and warning of not pumping any more money in Vodafone India, the company's CEO Nick Read has taken a U-turn in the matter and said his statement was distorted by the media. He also said that he is committed to the Indian Market. Indian government on the other side has expressed its displeasure and disapproved Read's statement around the telecom business.