The Tata firm is also said to be picking a controlling stake in Organic India for a Rs 1,800 crore valuation from FabIndia. Fabindia is backed by Premji Invest and Lighthouse Capital, and owns over 40% stake in Organic India, based in Lucknow.
Mutual funds have Rs 6,000 crore investments in Vodafone Idea
Approximately 32 mutual fund houses held investments in Vodafone Idea. In August, 17 of these houses increased their shareholdings, 10 decreased them, and 5 maintained