Business Today on latest news in business world
Business Today
With this verdict, Vodafone Idea has been sucked further into the downward spiral of losses and debts

Vodafone Idea has to fight for its survival yet again as any relief from the government and the court seem unlikely. Here's what this means

It seems rather illogical that telcos were fighting the AGR case for the past 14 years wherein their own dues were far lesser than non-telecom companies
India has  approximately 9,600 screens of which 2,950 are multiplex screens and multiplexes earn more than half of Indian theatrical revenues
The repo-linked borrowing by banks will help the new borrowers, but it is unlikely to scale up in a big way
If one takes Bajaj Finance as a proxy, the most optimistic valuation of HDB Financial could be close to Rs 80,000 crore
Government's plans to expedite banking consolidation might throw up many challenges which are likely to extend the balance sheet clean up for a couple of years