Acquisition talks with Airtel have fallen through and India’s oldest music streaming company is making a last, frantic attempt to survive a while longer.
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Ahead of its IPO, the mobile telephony leader is down to playing catch-up with Airtel. What should investors expect?
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The Rs 24,700 crore waiver does come as a relief to the heavily indebted telecom operator. But it has more things to worry about.