{"id":839480,"date":"2024-08-01T09:02:11","date_gmt":"2024-08-01T03:32:11","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=839480"},"modified":"2024-08-01T09:08:05","modified_gmt":"2024-08-01T03:38:05","slug":"tata-group-drops-plan-to-acquire-stake-in-vivo-india-over-apples-objection","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/01\/tata-group-drops-plan-to-acquire-stake-in-vivo-india-over-apples-objection\/","title":{"rendered":"Tata Group drops plan to acquire stake in Vivo India over Apple&#8217;s objection"},"content":{"rendered":"<p>Tata group\u2019s attempt to purchase a majority stake in Vivo\u2019s India business has encountered hurdles due to objections from Apple, according to a report by The Times of India. <\/p>\n<p>Vivo, which reported a revenue of Rs 30,000 crore for FY23, was planning to sell a 51 per cent stake in its Indian subsidiary to the Tata group. This move was part of Vivo\u2019s strategy to \u2018Indianise\u2019 its operations amid government pressure, the report said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tata group\u2019s attempt to purchase a majority stake in Vivo\u2019s India business has encountered hurdles due to objections from Apple, according to a report by The Times of India. Vivo, which reported a revenue of Rs 30,000 crore for FY23, was planning to sell a 51 per cent stake in its Indian subsidiary to the Tata group. This move was part of Vivo\u2019s strategy to \u2018Indianise\u2019 its operations amid government pressure, the report said.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,4,35],"tags":[],"class_list":["post-839480","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-telecom-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/839480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=839480"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/839480\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=839480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=839480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=839480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}