Vodafone Idea Shares Rise on Expected AGR Relief Decision

Vodafone Idea shares gained nearly 2.5% (at the time of posting) after Telecom Minister Jyotiraditya Scindia said the government may finalise AGR relief recommendations within weeks. The Centre is awaiting Vi’s formal request and will act within Supreme Court limits. The reassessment of dues up to FY17 and potential waiver proposals have boosted sentiment.