MUMBAI (NewsRise) -- India's Supreme Court ordered telecom companies to pay all levies and penalties totaling billions of dollars before Mar. 17, a ruling that could lead to the end of the road for debt-laden Vodafone Idea.
Companies
Vodafone Idea faces uncertain future after India top court ruling
Supreme Court asks telecom companies to pay $13 billion of levies by Mar. 17
Vodafone Idea may have to pay as much as 442 billion rupees ($6.2 billion) in adjusted gross revenue dues and penalties, the biggest in the industry, while rival Bharti will have to fork out 343 billion rupees. © Reuters
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