Curative petition not factored in Vodafone Idea's talks with lenders and vendors, say sources.

According to sources, the failure of the curative petition in the Supreme Court regarding adjusted gross revenue (AGR) will not affect Vodafone Idea's talks with lenders and vendors. The curative petition was not factored into the company's business plan or discussions with lenders, and the lenders' techno-economic assessment does not mention the curative ruling. Vodafone Idea is currently in active discussions with multiple banks. In other news, Amantya Technologies has secured a multi-year contract to develop the Department of Telecom's unified web portal in accordance with the Telecommunication Act 2023. [Extracted from the article]