New Delhi, Oct. 27 -- Vodafone Idea (Vi) Ltd received a significant reprieve on Monday after the Supreme Court allowed the government to address the telecom operator's grievances and reassess the demand for Adjusted Gross Revenue (AGR) dues without judicial intervention.

The ruling offers a much-needed breather to the financially strained company, which has long sought operational stability to stay afloat in India's hyper-competitive telecom sector.

The Supreme Court also noted that the decision on any relief to the telecom operator is a policy matter. The government became a major shareholder in Vodafone Idea earlier this year, with a 49% stake through a debt-to-equity swap.

The case pertains to Vodafone Idea filing a petition last mo...