Limited AGR ‘relief’ leaves Vodafone Idea in limbo, spooks investors

According to officials familiar with the matter, the cabinet has decided to freeze the struggling telco’s pending adjusted gross revenues (AGR) dues at ₹87,695 crore for five years. The amount can be paid from fiscal year 2032 (FY32) through FY41.

Limited AGR ‘relief’ leaves Vodafone Idea in limbo, spooks investors
According to officials familiar with the matter, the cabinet has decided to freeze the struggling telco’s pending adjusted gross revenues (AGR) dues at ₹87,695 crore for five years. The amount can be paid from fiscal year 2032 (FY32) through FY41.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow

Economist Admin Admin managing news updates, RSS feed curation, and PR content publishing. Focused on timely, accurate, and impactful information delivery.