financetom
Business
financetom
/
Business
/
Market Chatter: Vodafone Idea May Reach Settlement With India Over Past-Due Fees
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Vodafone Idea May Reach Settlement With India Over Past-Due Fees
Oct 6, 2025 5:01 AM

07:37 AM EDT, 10/06/2025 (MT Newswires) -- Vodafone Group's ( VOD ) Vodafone Idea venture may reach a settlement with India over its past-due fees of nearly 2 trillion rupees ($22.5 billion) as the government seeks to boost ties with the UK ahead of Prime Minister Keir Starmer's visit this week, Bloomberg reported Monday, citing people familiar with the matter.

The government could potentially waive interest and penalties, followed by a concession on the principal, the report said.

Indian officials are drafting the settlement framework and weighing steps to avoid potential legal challenges from other telecom operators with similar dues, Bloomberg said.

Vodafone Idea and India's Ministry of Telecommunications did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
South Korea to host Alaska governor, energy team amid talk of gas pipeline
South Korea to host Alaska governor, energy team amid talk of gas pipeline
Mar 24, 2025
SEOUL (Reuters) - Alaskan state representatives led by the governor and including energy officials are due to visit South Korea on Tuesday, amid expectations of talks with U.S. allies in Asia to revive a stalled natural gas project touted by President Donald Trump. Governor Mike Dunleavy's delegation will include officials from the Glanfarne Group that is a partner in the...
India Morning Newsletter, March 25
India Morning Newsletter, March 25
Mar 24, 2025
To access a PDF version of this newsletter, please click here If you would like to receive this newsletter via email, please register at: https://solutions.lseg.com/MNCIndia-Subscriptionpage For an index of our newsletters click on ...
Alibaba says to begin re-hiring on the back of renewed tech sector confidence
Alibaba says to begin re-hiring on the back of renewed tech sector confidence
Mar 24, 2025
HONG KONG, March 25 (Reuters) - Alibaba Group ( BABA ) Chairman Joe Tsai said on Tuesday there were clear signs China's business entrepreneurs were more confident following a meeting with President Xi Jinping and that his company would re-commence hiring. I think we have seen a very clear sign of businesses entrepreneurs becoming more confident since January, since President...
BRIEF-Logprostyle Says Prices Initial Public Offering Of 2 Million Japanese Common Shares At US$5.00 Per Share
BRIEF-Logprostyle Says Prices Initial Public Offering Of 2 Million Japanese Common Shares At US$5.00 Per Share
Mar 24, 2025
March 24 (Reuters) - LogProstyle Inc: * LOGPROSTYLE INC - PRICES INITIAL PUBLIC OFFERING OF 2 MILLION JAPANESE COMMON SHARES AT US$5.00 PER SHARE Source text: Further company coverage: ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved