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AGR CASE JUDGEMENT
Supreme Court to hear Vi plea on Rs 9,450 crore AGR-related duesVodafone Idea is challenging the government's demand for an additional ₹9,450 crore in AGR dues up to FY19, arguing it contradicts prior Su...
Won't be able to operate post FY26 without govt's timely support on AGR: Vodafone Idea told DoTVodafone Idea has warned the Telecom Department that it may not survive beyond FY26 without government support on AGR dues, as crucial bank...
SC to mull listing of Vi's curative petition on AGR duesThe Supreme Court will soon decide on the listing of Vodafone Idea Ltd's curative petition related to adjusted gross revenue (AGR) dues. Th...
Vodafone Idea asks SC for early hearing of its curative petition on AGRA Bench led DY Chandrachud while refusing to give any date told the senior counsel to go through proper emailing route for mentioning the c...
AGR dues: TDSAT says public, private sector cos cannot be treated differentlyTDSAT's latest ruling is on a review petition filed by Netmagic Solutions and Data Ingenious Global. The review petition was against the ap...
SC directs DoT not to invoke Airtel bank guarantees for non-payment of Videocon's AGR duesThe Department of Telecommunications (DoT) had issued a demand notice on August 17 asking Bharti Airtel to pay dues assessed at Rs 1376 Cr ...
SC unlikely to pronounce judgement on AGR case today“Take notice that due to non availability of …Justice, Aniruddha Bose on Thursday, the 22nd July, 2021, sitting of court number 6 comprisin...
Aircel & RCOM steering towards liquidation, resulting in Rs 60,000 crore NPA for Indian and Foreign BanksAccording to experts, based on the NCLAT Judgement, the Resolution Plan of UV Asset Reconstruction Company Ltd. (UVARCL) for Aircel, which ...
Vodafone Idea shares plunge on SC AGR verdictShares of cash strapped VIL tanked by 14.92% on the BSE within minutes of the judgement to trade at Rs 8.67 a piece. Shares of Airtel, with...
Reliance Comm liable to pay SSTL AGR dues, DoT identifies combined liability worth more than Rs 25k crIn February 2019, RCom filed for insolvency. Under the proceedings, the DoT has claimed nearly Rs 30,000 crore in dues from RCom, of which ...
AGR order not meant to demand Rs 4 lakh crore from PSUs: Supreme CourtTop court asks govt to reconsider claims and tells telcos to submit guarantees against dues worth around Rs 1.7 lakh crore as per the Octob...
Vodafone Idea choppy ahead of SC hearing on AGR caseThe hearing due later in the day would include the government's application that telecom companies be allowed to spread the payment of thei...
Govt should bring legislation to resolve AGR crisis: Harish SalveThere is a dispute between A and B, i.e., the government and the private telecom operators, that dispute gets resolved. The government gets...
Care downgrades rating on Vodafone Idea's long-term bank facilities, NCDsThe downgrade is on account of significant erosion in the overall risk profile of the company.
Airtel reports Rs 23,045 cr Q2 loss on Rs 28,450 cr provisions towards AGR duesRevenue of the telecom firm increased by 4.79 per cent to Rs 21,199 crore in Q2FY20.
Situation critical: Vodafone's future in India in doubt after court rulingThe unit effectively contributes nothing to the British company’s share price, Read said after Vodafone Plc’s September quarter results wer...
AGR ruling may hit any company with telecom licenceSC order on the definition of adjusted gross revenue may not only impact telecom companies but it can also have an impact on any entity tha...
Supreme Court calls telcos’ objections frivolousThe Supreme Court in its order, upheld the TDSAT's ruling that most items would be included in AGR included dividends and capital gains. Th...
Airtel, Vodafone Idea plunge up to 18% as SC upholds govt's Rs 92,000 crore demandBased on AGR, both spectrum charges and licence fees are paid to the government.
DoT seeks Attorney General's views on spectrum charges for merged licencesThe telecom department has sought an opinion from the country's highest law officer on whether spectrum charges should be applied on mobile...