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AGR AFFIDAVIT
DoT, telcos may clash over AGR dues calculation againAirtel and Vodafone Idea are potentially heading for another clash with the DoT over additional AGR dues demanded after the 2019 Supreme Co...- Govt returns bank guarantees to Voda Idea, AirtelThe department didn’t mention the specific amounts worth of BGs that were returned. But an official said that BGs worth Rs15,000 crore were...
- Airtel gets TDSAT relief on Videocon Telecommunications’s duesThe Telecom Disputes Settlement and Appellate Tribunal (TDSAT) has stayed the telecom department’s demand of ₹1,376 crore from Bharti Airte...
- 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 ...
- Airtel refused to pay Videocon AGR dues: DoTVideocon had sold rights to use spectrum in the 1,800 MHz band in six circles to Airtel in 2016 for Rs 4,428 crore.
- 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...
- DoT to SC: AGR paid by telcos so far not final; full calculations only after court orderThe DoT further said that adjusted gross revenue (AGR) is based on entire revenue generated by a telco and is not dependent only on revenue...
- DoT leaves it to SC to decide whether Jio liable to clear RCom’s AGR duesRCom and its unit Reliance Telecom (RTL), once owned by Anil Ambani, had entered into an agreement with Jio in 2016 for trading spectrum in...
- AGR case: SC asks DoT to apprise about the basis of spectrum sharing done by telcosThe top court asked the secretary of DoT to file a specific affidavit apprising it about who was using the spectrum from the date of grant ...
- DoT challenges NCLT nod to Aircel resolution planThe Department of Telecommunications alleged that Aircel’s resolution blueprint is a “liquidation plan” not aimed at reviving the bankrupt ...
- Travesty if rivals made to pay each other’s dues: Reliance Jio Infocomm to SCThe country’s largest telco has been dragged into the adjusted gross revenue (AGR) case mainly between India’s older telcos and DoT after t...
- AGR Case: Supreme Court asks Rcom to explain fall in asset valuation from Rs 35,000 crore to Rs 5,304 croreThe top court directed RCom's legal representative to explain how the Rcom and its units value eroded from Rs 35,000 crore in 2019 to Rs 5,...
- Reliance Jio informs Supreme Court it is not liable for Rcom's AGR duesAccording to legal sources, the affidavit filed in the top court ahead of Monday's AGR hearing , clarifies that the telecom government did ...
- RCom tells SC it did not evade paying AGR dues , indicates it is not liable for SSTL's duesReliance Communications, which is in the last leg of its insolvency resolution process, filed its affidavit a few days after Sistema Shyam ...
- 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 Case: Voda Idea says in no position to furnish bank guarantee, losses at over Rs 1 lakh croreDoT told Supreme Court (SC) it has withdrawn 96 per cent of the AGR demand from PSUs
- Will withdraw 96 pc of Rs 4 lakh cr AGR related dues raised against PSUs, Centre tells SCA bench of justices Arun Mishra, S Abdul Nazeer and M R Shah was informed by Solicitor General Tushar Mehta that the DoT has filed an affid...
- AGR Case: Vodafone says do not have enough money to pay salaries, stock tanks 11%As per the government’s demand, Vodafone Idea owes Rs 53,000 crore.
- SC skeptical of govt’s 20-year AGR recovery plan from telcos, wants dues of PSUs waived offVodafone Idea has claimed inability to pay the dues due to its precarious financial state.
- 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...
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