Voda Idea shares jump 4% as Vodafone Group commits Rs 5,836 crore support

Vodafone Idea shares surged after its promoter group, Vodafone Group, agreed to inject Rs 5,836 crore. This follows a revised agreement on contingent liabilities, with a portion paid upfront and the rest secured via a share-based mechanism. The deal aims to settle legacy issues, boosting investor confidence and the company's financial standing.