Vodafone Idea Share Price: Vodafone Idea’s shares surged nearly 9% on October 7, climbing to an eight-month high and extending their rally to over 50% in just nine weeks. The gains were driven by investor optimism over a potential resolution of the company’s long-standing adjusted gross revenue (AGR) dues.

The rally also comes ahead of UK Prime Minister Keir Starmer’s India visit on October 8-9, where he is scheduled to meet Prime Minister Narendra Modi in Mumbai, fuelling speculation about progress in talks related to the debt-laden telecom operator, once the Indian arm of Vodafone Group Plc.

Government Mulls One-Time Settlement

A Bloomberg News report on October 6 said the Indian government is considering a one-time settlement for billions of dollars in overdue fees from Vodafone Ide

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