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AGR ruling: Reliance Jio advises Airtel, Voda Idea how to raise money

India's top court had last month ordered Bharti and Vodafone Idea to pay Rs 499.9 billion

Reliance Jio
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Pratik Parija | Bloomberg
Billionaire Mukesh Ambani's Reliance Jio Infocomm Ltd. opposed any move by the government to provide financial relief to rival telecom operators, which have been ordered to pay $7 billion in past dues, saying they had adequate recourse to funds.

Bharti Airtel Ltd can easily raise 400 billion rupees ($5.7 billion) by selling some of its assets or shares, while Vodafone Idea Ltd. has no dearth of resources to pay the government its dues, Reliance Jio said in a statement dated Nov. 1 and issued Sunday. India's top court had last month ordered Bharti and Vodafone Idea to pay Rs 499.9