Vodafone Idea may get 60 days to raise funds before govt asks for Q3 dues

The company has paid about 10% of the charges and fees it owes govt for the October-December quarter

The Department of Telecommunications (DoT) is likely to give Vodafone Idea (Vi) up to 60 days to raise fresh funds and invest in the company, before it asks for the pending third quarter dues that the company owes to the government, officials said.

"The company has agreed to prepare a detailed plan to raise further funds and increase investments. Therefore, it has been decided that sufficient time would be given to it before the government inquires about the quarterly dues owed by it," an official said.

While there is no clear decision on the time period, it would be 45-60