SC breather may recharge Vi’s ₹25,000 crore funding plan: Analysts
By
Binu Mathew
New Delhi: The Supreme Court relief for Vodafone Idea (Vi) could trigger lots of positive events for the financially struggling company, including raising ₹25,000 crore through bank funding and paving way for another equity raise.
As per analysts, with the Supreme Court (SC) permitting the Centre to reconsider the issue of reassessment for Vi’s adjusted gross revenue (AGR) dues, it can grant significant relief to the company on the statutory dues.
