The Economic Times News

Vodafone Idea shares jump 10% as Rs 5,836 crore group settlement lifts survival hopes

Vodafone Idea shares jumped nearly 10% after regulatory filings showed the telecom operator will receive Rs 5,836 crore from Vodafone Group under a revised liability settlement, while separate reports pointed to fresh government relief on its adjusted gross revenue dues, together offering a rare boost to the debt-laden telco.