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Nitin Bhasin: ‘This Is About Capital Preservation’

Nitin Bhasin: ‘This Is About Capital Preservation’

‘The problem is not just slower growth, but also the quality of growth.’ Illustration: Uttam Ghosh/Rediff Key Points India has become the weakest-performing major emerging market in terms of earnings revisions over the past year. Global investors are reallocating capital

Vi gets a decade to breathe easy on AGR dues; DoT to reassess liabilities

Vi gets a decade to breathe easy on AGR dues; DoT to reassess liabilities

India’s third-largest telecom operator Vodafone Idea (Vi) has secured a 10-year breather on adjusted gross revenue (AGR) payments from the Department of Telecommunications (DoT). Photograph: Anushree Fadnavis/Reuters This is expected to ease pressure on its balance sheet and enable the