Shares of beleaguered telecom company Vodafone Idea jumped over 2% in early trade on Wednesday, December 31, amid media reports that the Union Cabinet could consider the Adjusted Gross Revenue (AGR) matter today.
According to a report by The Times of India, the Union Cabinet plans to take up the matter of Vodafone Idea’s bailout plan in today’s meeting as it looks to ease the financial challenges that the company faces.
Mint, however, could not independently verify this report.
