Vodafone Idea share price to be in focus after ₹23,649-crore AGR relief
By
Neha Kumari
Vodafone Idea shares will remain in focus on Monday after the company received ₹23,649-crore relief from the government in adjusted gross revenue (AGR) dues.
The debt-ridden telco said that the government has slashed its AGR liability by about 27% to ₹64,046 crore after reassessing statutory dues. The government has also allowed a five-year moratorium on these payments.
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