Vodafone Idea SC Verdict Explained: SC Disposes AGR Case, But Leaves Door Open for Govt Relief! #ETNOW
Vodafone Idea SC Verdict Explained: SC Disposes AGR Case, But Leaves Door Open for Govt Relief!
In a major twist, the Supreme Court has disposed of Vodafone Idea’s AGR dues plea, but allowed the Centre to take a fresh policy call — potentially paving the way for government support to the debt-laden telco. The Court clarified that its earlier judgment doesn’t prevent the Centre, which holds a 49% stake, from deciding on relief measures. Experts say this could open doors for a sector-wide policy tweak on AGR dues.
Vodafone Idea stock jumped nearly 9%, with Indus Towers also gaining on optimism.
#etnow #vodafoneideastocknews #vodafoneideaagrnews #vodafoneideastockanalysis #supremecourt #topnews #businessnews
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