Vodafone Idea shares tumble 23% after India orders it to pay billions in dues

Shares of Vodafone Idea fell by more than 23% on Friday after India’s apex court ordered the country’s second-largest telecom operator and Airtel, the third-largest telecom network, to arrange and pay billions of dollars in dues in a month. In a strongly worded judgement, the Supreme Court rejected telecom networks’ application to defer paying historic […]