As per reports Google is in talks with Vodafone Idea for a 5% stake in Vodafone Idea Limited.
It is also in news that google was also in race to buy a stake in R.Jio but lagged behind by facebook in securing the deal.
Vodafone Idea Share Prices zooms at 35% in Fridays Trades after this news.
Vodafone Idea has given a statement : “Currently, there is no proposal as reported by the media that is being considered at the Board”
What do you think, Really Google needs to purchase the stake and why?