New Delhi: Debt-ridden telecom company Vodafone Idea (Vi) got a big relief from the Supreme Court on Monday. The court has allowed the central government to reconsider the revaluation of the company’s Adjusted Gross Revenue (AGR) dues. The court clearly stated that this matter falls within the policy limits of the central government, so the court will not interfere with it. Explaining an important reason behind this decision, the court said that this decision was taken in the interest of more than 20 million Vodafone Idea consumers.
Government’s 49% stake in Vodafione Idea
A Bench headed by Chief Justice B R Gavai issued this order after hearing the arguments of Central Government Solicitor General Tushar Mehta. Mehta told the court that the government has taken up to 49 percent stake i

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