Vodafone Idea shares fell below Rs 3 on Thursday, on news that the govt has demanded its dues in the AGR case. The dues could be as high as Rs 40,000 crore, while the company has a cash balance of about Rs 20,000 crore. Reports suggest both promoter groups of the company are unwilling to infuse fresh capital. The government will be a major loser if the company goes into liquidation, as the company owes it over Rs 90,000 crore.
132 Episodes
29 Apr 2024
6 MINS