Vodafone Idea, Indus Towers shares plummet 15% as Supreme Court upholds AGR ruling
Telecom stocks came under intense selling pressure on September 19, 2024, following the Supreme Court’s rejection of a curative petition filed by major telecommunications companies seeking a recalculation of their Adjusted Gross Revenue (AGR) dues. The dismissal of the plea adds significant challenges to already debt-laden operators, with Vodafone Idea being hit the hardest. Whatsapp … Read more