Vodafone Idea Shares Rise After Supreme Court Decision
Vodafone Idea shares jumped 9% after the Supreme Court allowed the government to reconsider AGR dues.
The decision is a key breather for the debt-ridden telecom operator, which has been struggling with massive AGR liabilities.
The Supreme Court observed that the AGR matter falls within the Centre’s policy domain.
This development opens the door for a possible reduction in dues for Vodafone Idea.
Conclusion
Author's summary: Vodafone Idea shares rise after court decision.
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