Overview

• Officials say the Prime Minister’s Office has examined a Department of Telecommunications proposal covering relief for Vodafone Idea and Bharti Airtel.
• If adopted, reported scenarios indicate Vodafone Idea’s AGR liability could fall to about Rs 28,000 crore from Rs 83,400 crore.
• Vodafone Idea shares rose 9.47% to Rs 7.16, with trading volumes at 2.8 times the 30‑day average after reports of potential relief.
• Mint’s account describes options under consideration such as a two‑year pause on statutory payments, smaller annual instalments, and extended timelines, with a final decision pending.
• The company’s government obligations total about Rs 2,14,700 crore, lenders remain cautious, and Bloomberg-tracked analysts largely stay negative with a consensus 12‑month upside of 0.6%.