Tag: VodafoneIdea
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“Vodafone Idea Shares Plummet After Supreme Court Ruling on AGR Dues”
IIFL Securities predicts that in the absence of court intervention, Vodafone Idea’s cash flow predicament will only become worse. During trading on September 19, telecom stocks saw selling pressure after the Supreme Court denied the businesses’ request to recalculate their adjusted gross revenue (AGR) obligations. Among the telecom companies that filed the remedy request were…