Vodafone Idea Ltd. is considering raising debt financing to accelerate growth, people familiar with the matter said, following the government’s decision to cap annual payouts for AGR dues. The govenrment has finally lifted the AGR overhang for Vodafone Idea. (Reuters) India’s third-largest mobile phone operator by users may seek the financing from local and global […]
Shares of Vodafone Idea Ltd. and Indus Towers Ltd. surged after the govenrment lifted the AGR overhang on the debt-laden telecom operator. The govenrment has finally lifted the AGR overhang for Vodafone Idea. (Reuters) On Friday, Vodafone Idea’s share price rose 8.78% to an intraday high of ₹12.51 on the BSE while those of Indus […]
