Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
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 […]
The Union Cabinet is said to have approved a relief package for Vodafone Idea Ltd., which is seen as smaller than expected. That sent the stock of the debt-laden telecom operator into a tailspin. The government has about 49% stake in Vodafone Idea. (Reuters) The government has frozen the AGR dues at ₹87,695 crore, while […]
The Supreme Court has modified its earlier order to allow the government to consider relief on all Voadone Idea dues, a move that sent the company’s share price soaring 10%. Vodafone Idea has a total debt in excess of ₹2 lakh crore. (Reuters) Vodafone Idea had filed a review petition in Supreme Court to seek […]
Vodafone Idea Ltd. is looking forward to working with the Department of Telecommunications to resolve the AGR dues case, after a Supreme Court reprieve in the matter. Vodafone Idea has a total debt of ₹2 lakh crore, including AGR dues of ₹83,000 crore. (Reuters) “The Supreme Court has today permitted the Government of India to […]
The Supreme Court has allowed the central government to reconsider the issue of reassessment of AGR dues that Vodafone Idea Ltd. has to pay. Shares surged. The government has a 49% stake in Vodafone Idea in lieu of some of the pending dues. (Reuters) The matter of Vodafone Idea’s AGR dues falls within the purview […]
