Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
AGR relief for Vi likely to trigger equity raise, govt stake dilution
Business Standard
|October 29, 2025
Relief from the Centre for Vodafone Idea (Vi) may come well ahead of the March 2026 deadline, which could in turn trigger dilution of government stake in the third-largest telecommunications carrier, analysts at various brokerages said.
The relief, following the Supreme Court’s decision to allow the government to reassess Vi's adjusted gross revenue (AGR) dues, could unlock a fresh equity raise and enable the government to further convert debt to equity, which would “set off a chain of positive developments” for the telco, according to Citi Research.
This story is from the October 29, 2025 edition of Business Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Standard
Business Standard
The best & brightest gather at BFSI Summit
India (Sebi) Chairman Tuhin Kanta Pandey; Insurance Regulatory and Development Authority of India (Irdai) Chairman Ajay Seth; Pension Fund Regulatory and Development Authority (PFRDA) Chairman S Ramann; Department of Financial Services' Secretary M Nagaraju; Chief Economic Advisor V Anantha Nageswaran; Reserve Bank of India (RBI) Deputy Governors T Rabi Sankar and Poonam Gupta; State Bank of India (SBI) Chairman C S Setty; veteran banker and non-executive Chairman of Jio Financial Services K V Kamath; former whole-time member of Sebi Ananth Narayan G, and Arundhati Bhattacharya, Chairperson & CEO of Salesforce, India.
2 mins
October 29, 2025
Business Standard
Multi-asset funds take divergent paths on gold, silver allocation
Half of the top 10 schemes pare exposure, others raise their bets
2 mins
October 29, 2025
Business Standard
Supreme will need H2 rebound to plug Q2 leak
Profitability hit by weak agri demand; management eyes revival ahead
2 mins
October 29, 2025
Business Standard
CIL intensifies critical mineral push
State-owned coal producer looks at fresh domestic bids, overseas scouting
1 mins
October 29, 2025
Business Standard
HDFC sends 2 bankers on paid leave
HDFC Bank Ltd, the country's largest private-sector lender, has put two senior executives on gardening leave amid a probe after customers alleged mis-selling of Credit Suisse securities, according to people familiar with the matter.
1 mins
October 29, 2025
Business Standard
Big Blue’s big bets: AI, Cloud and quantum
India is central to ‘Big Blue’, IBM's global playbook — both as a market and an innovation hub
5 mins
October 29, 2025
Business Standard
Labs that build nations
The Nobel economics prize committee has been remarkably consistent in highlighting what drives sustainable prosperity.
4 mins
October 29, 2025
Business Standard
Services sector jobs risk falling into 'low-wage trap'
Informality and poor pay still define India's largest employer, says NITI Aayog report
2 mins
October 29, 2025
Business Standard
Falling for a 'card limit upgrade'? That OTP could drain your account
Anewscamis doing the rounds, targeting credit card users looking for ahigher spending limit.
1 min
October 29, 2025
Business Standard
Cyclone Montha makes landfall on Andhra coast
Multiple trains, flights impacted
1 min
October 29, 2025
Listen
Translate
Change font size