Vodafone Idea in recognition

Vodafone Idea in recognition

by admin- Thursday, September 16th, 2021 04:33:35 PM

Shares of Vodafone Idea surged with the aid of 15% touching to Rs. 10.26, after the Union Cabinet unveiled a alleviation package for the telecom quarter, which incorporates a slew of measures comprising nine structural reforms and five process reforms. The authorities has decided to rationalise the definition of adjusted gross sales (AGR), keeping non-telecom sales out of its ambit.

The Cabinet has also accredited four years’ moratorium on telecom dues — these decisions could be carried out prospectively.

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