Goldman Sachs: Nokia sells stake in Vi, raises Rs 785.67 crore

Nokia Solutions and Networks India divested its 0.95% stake in Vodafone Idea (Vi) through a bulk deal, raising Rs 785.67 crore. Goldman Sachs (Singapore) Pte was a major buyer, acquiring a 0.55% stake. This sale follows Vi's allotment of shares to Nokia last year to clear dues, and the government's recent conversion of debt into equity, diluting Nokia's holding.