Business World

Highlights :  Google to buy 5% stake in Vodafone Idea Google gets a cheap entry into the market A deal with Google could be a lifeline for Vodaphone Idea G oogle is looking to buy 5% stake in Vodafone Idea, which owes as much as ₹54,000 crore in adjusted gross revenue dues to the government. A deal with Google could be a lifeline for Vodafone Idea. On the other hand, Google's parent company Alphabet Inc. is looking to buy some stake in Vodafone Idea's rival Reliance Jio Platforms. Google Vodafone-Idea deal is a  for both.Vodafone Idea needs money to survive and Google gets cheap entry into the market. Vodafone Idea had 28.4% share of domestic telecom market as of January 2020. About Google :  Google was founded in September 1998 by Larry Page and Sergey Brin , while they were PhD student at Stanford University. Together they own 14% of its share and control 56% of the stockholder voting power through supervoting  stock.