BUSINESS

Vodafone Idea shares sink nearly 9% after Supreme Court rejects AGR relief plea

Vodafone Idea's shares plummeted after the Supreme Court dismissed telecom companies' petitions for adjusted gross revenue (AGR) dues relief, wiping out a significant portion of Vi's market capitalization. The court rejected appeals from Vodafone Idea, Bharti Airtel, and Tata Teleservices, deeming them "misconceived," reinforcing the government's stance on recovering dues.

TIMES OF INDIA
4 hours ago
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