Vodafone Idea share price jumps over 7% after govt tells SC ‘some solution is required’ in AGR case

Vodafone Idea share price jumped over 7% on Friday after the government informed the Supreme Court that it was not opposing the telecom operator’s plea in the Adjusted Gross Revenue (AGR) case and emphasized the need for a resolution.

“Not opposing Vodafone Idea plea, some solution is required, government is also an equity holder. Some solution may be required, subject to Supreme Court approval,” the Centre told the apex court.