Overview
- The Supreme Court postponed hearing on Vodafone Idea’s challenge to an additional ₹9,450 crore AGR demand to October 13 after both sides sought time.
- Bloomberg‑cited sources say officials are drafting a one‑time settlement that would waive interest and penalties and allow a concession on principal, with guardrails to avoid legal challenges from other operators.
- Reports link the push to India–UK diplomacy ahead of Prime Minister Keir Starmer’s visit, with the move seen as a signal to investors and a step to preserve competition.
- Vodafone Idea has filed a fresh plea seeking exemption from penalty and interest and a comprehensive reconciliation of dues up to FY2016‑17.
- The company’s shares fell more than 4% in early trade as uncertainty persisted over liabilities that various estimates place near ₹2 trillion including penalties and interest.