No Relief in Sight: Government Stance on Vodafone Idea's Financial Woes

Idea Share Price: Vodafone Idea tumbles 11% as govt rules out AGR relief - Check details

Idea share price, VI share price: The government is the single largest shareholder in Vodafone Idea, having acquired shares worth Rs 36,950 crore.

No Relief in Sight: Government Stance on Vodafone Idea's Financial Woes

No Relief in Sight: Government Stance on Vodafone Idea's Financial Woes The Indian government is standing firm on its decision not to provide additional relief to telecom company Vodafone Idea concerning its substantial adjusted gross revenue (AGR) liabilities. Minister of State for Communications, Chandra Sekhar Pemmasani, confirmed that the government has already taken significant steps to support Vodafone Idea by converting a significant port…

DoT Not Contemplating Any AGR Relief To Vodafone Idea: MoS Telecom

The telecom department is not contemplating providing any relief to Vodafone Idea with regard to adjusted gross revenue, Minister of State for Communications Chandra Sekhar Pemmasani said on Monday."We have recently converted a lot of their debt into equity. The government has done whatever we thought we could do. At this time, we do not have any discussion or plan to change anything other than what we have done," Pemmasani said.The government h…

Vodafone Idea AGR Relief to Be Decided by Cabinet; At This Moment, There Is Nothing, Says MoS: Report

Any additional relief for Vodafone Idea (Vi) on its adjusted gross revenue (AGR) dues will be decided collectively by the Union Cabinet, involving the Prime Minister’s Office (PMO), the Finance Ministry, Telecom Minister Jyotiraditya Scindia and the Department of Telecommunications (DoT), Minister of State for Communications Pemmasani Chandra Sekhar has reportedly said. Also Read: No Plan to Convert Vodafone Idea into PSU, Says Telecom Minister …