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Relief, not waiver: India grants Vodafone Idea a 5-year moratorium on telecom dues

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By Firstpost-India

Relief, not waiver: India grants Vodafone Idea a 5-year moratorium on telecom dues
Representative Image • Source: FP News Desk
India has cleared a five year moratorium on Vodafone Idea’s adjusted gross revenue dues, giving the debt laden telecom operator crucial time to stabilise its finances even as markets reacted nervously to the lack of any waiver.

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