Govt open to talks on AGR relief for Vodafone Idea
Some relief on the adjusted gross revenue (AGR) front looked possible for Vodafone Idea on Friday, with the Supreme Court agreeing to hear its plea against a fresh demand of Rs 9,450 crore from the department of telecommunications (DoT) on September 26, and the government not opposing the company’s petition.
This marks a departure from earlier proceedings, when in May the apex court had dismissed pleas by Vodafone Idea and its peers seeking waiver of interest and penalties on AGR dues.
