US EditionVodafone Idea seeks court help after India rejects request on dues, documents show
- In April, Vodafone Idea took its ongoing disagreement with the Indian government over unsettled dues to the Supreme Court after the government rejected its request for relief.
- The company sought to waive interest and penalties exceeding $5 billion, but the government denied this, citing risks to Vodafone Idea’s survival.
- Vodafone Idea, a joint venture between Vodafone Group and Aditya Birla Group, remains under severe financial strain, carrying close to $25 billion in outstanding liabilities and dealing with the repercussions of a 2019 Supreme Court decision.
- The company argued that public interest should guide the government’s decision, and the case is expected to be heard soon, highlighting challenges in India’s telecom sector.
- This legal dispute underscores ongoing financial stress within Vodafone Idea and implies significant effects on India’s telecommunications industry if the dues issue remains unresolved.
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Vodafone Idea seeks court help after India rejects request on dues, documents show
Vodafone Idea has gone to India's Supreme Court to challenge the government's rejection of a request by the debt-saddled telecom giant to waive more than $5 billion it owes the government, documents show.
·United Kingdom
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Vodafone Idea seeks court help after India rejects request on dues
NEW DELHI: Vodafone Idea has gone to India’s Supreme Court to challenge the government’s rejection of a request by the debt-saddled telecom giant to waive more than US$5 billion it owes the government, documents show.
·Malaysia
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