Vi's turnaround at risk after plan to raise ₹25,000 crore debt hits a snag

Vodafone Idea's financial turnaround is in jeopardy as its ₹25,000 crore debt-funding plan faces delays following the Supreme Court's AGR ruling. The delay raises concerns about Vi's ability to invest in 4G and 5G expansion, crucial for competing with rivals Jio and Airtel. Analysts predict government intervention, including converting dues into equity, to prevent the telco's collapse.