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Vodafone Idea's shares climb as government considers relief on massive telecom debts.
Vodafone Idea's shares rose due to expectations of government relief on massive debts, including Adjusted Gross Revenue (AGR) dues and deferred spectrum payments.
The Department of Telecommunications (DoT) has proposed relief measures to the Prime Minister's Office (PMO), such as extending payment deadlines and waiving penalties.
Vodafone Idea owes around ₹83,400 crore in AGR dues, and the PMO's decision will be crucial for the company's survival.
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Las acciones de Vodafone Idea suben a medida que el gobierno considera un alivio de las enormes deudas de telecomunicaciones.