India Clears Vodafone Idea AGR Dues Review
India's Supreme Court has given the government permission to review Vodafone Idea's adjusted gross revenue liabilities again, marking a significant short-term win for the debt-laden company.
In a stock market filing, Vodafone Idea stated that the Supreme Court's decision is a
"positive development"and that they look forward to working with the Department of Telecommunications to resolve the matter.
The court's decision was influenced by concerns over Vodafone Idea's future viability and its nearly 200 million customers, as well as the government's 49% equity stake in the operator.
Author's summary: India's Supreme Court allows review of Vodafone Idea's AGR dues.
More News
- In Review: Big-Ass Sword by Andreas Butzbach
- Orchestra BioMed, Terumo terminate drug-eluting balloon distro deal in $30M agreement
- Banging bumper fun from 2000AD!
- "Every new partnership teaches us something": How ZiMAD brought Om Nom to Magic Jigsaw Puzzles
- More Tuesday WoW maintenance incoming — all WoW servers are currently offline
- MLB: The Last 10 World Series MVPs
- 'Chainsaw Man - The Movie: Reze Arc' Review — A Beautifully Chaotic Anime
- VSee Awarded US Department of Health & Human Services FedRAMP High ATO
- Manhattan Associates Achieves FedRAMP Authorization with FEMA, Expanding Secure Cloud Offerings for Government Agencies
- Renters’ Rights Bill becomes Renters’ Rights Act