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AGR JUDGMENT
Vodafone Idea shares jump 4% on anticipation of AGR relief by year-endVodafone Idea shares rose as the government nears a decision on its relief proposal for Adjusted Gross Revenue (AGR) dues. Union Telecom Mi...- Airtel to approach govt for recalculation of AGR following SC order on Voda Idea: VittalBharti Airtel will seek government relief on Adjusted Gross Revenue (AGR) dues following a Supreme Court order allowing reconciliation of p...
- Supreme Court to hear Vodafone Idea's AGR dues plea on October 13The Supreme Court will hear Vodafone Idea's plea on October 13, seeking a waiver on interest, penalty, and interest on penalty for Adjusted...
- Vodafone Idea moves Supreme Court to seek waiver from interest, penalty on AGR duesCash-strapped Vodafone Idea has filed a plea in the Supreme Court, seeking a waiver from interest, penalty, and interest on penalty on its ...
- Supreme Court to hear Vodafone Idea plea against DoT’s Rs 9,450 crore AGR demandVodafone Idea has petitioned the Supreme Court to quash the Department of Telecommunications' demand for an additional Rs 9,450 crore in AG...
- Well done on telecom, more still possibleIt is far better for State-run pension funds to invest a sliver of their corpus in high-risk but high-return subprime debt and, thus, creat...
- Airtel plans to file review petition in Supreme Court against AGR order"Airtel is planning to file a review petition in the AGR case. Typically, review petitions are filed within a month of a judgment and the t...
- Paid first instalment of AGR dues, next payment in FY22: Airtel writes to DoTBharti Airtel has written to the Department of Telecommunications (DoT), underlining its position that it has already paid the first instal...
- DoT to seek legal view on payment of first AGR portion amid varying interpretations of SC orderTelcos say apex court meant 10% of total AGR dues, but DoT says SC implied 10% of dues minus payments already made by the telecom companies.
- Telcos consider filing curative petition, the next move after Supreme Court's AGR verdictPeople with knowledge of the matter said that the view is that one or separate curative petitions, rather than a review, may work better as...
- Supreme Court orders payment of AGR dues over a period of 10 yearsThe government had sought a 20-year time frame for telcos to pay back their balance AGR dues, while the two most affected telcos- Vodafone ...
- 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 ...
- Airtel submits Rs 8000 crore more as AGR dues, including Rs 5,000 crore extra, subject to DoT reconciliationThe telco had earlier paid Rs 10,000 cr as AGR dues and it looks like the second tranche will be its final one.
- Don’t delay AGR dues, clear doubts by December 13, government warns telecom companiesGovt puts the total dues at Rs 1.47 lakh crore. Industry thinks it could go up to Rs 2.28 lakh crore.
- Assocham seeks urgent government intervention on wider impact of AGR rulingThe apex court in its order of October 24 had said that all revenue belonging to a telecom licensee — not just revenue from telecom service...
- Airtel moves SC for government talks on AGRThe Sunil Mittal-led telco filed an application in the apex court earlier this week seeking modification of the court’s order of October 24...
- Govt within its rights to waive interest on dues of telcos: Harish SalveReferring to the inclusion of components such as trade discounts, discounts on prepaid tariffs and forex fluctuations in the computation of...
- SC order on AGR huge blow to Bharti, Voda-Idea: KotakThe amounts are material for both Airtel and Voda Idea and places the latter in a tricky spot, the report said.
- SC okays government's revenue sharing norms for telcosThe Centre has scored a major victory over mobile phone service providers with the Supreme Court affirming the validity of the Adjusted Gro...
- SC admits Centre's plea against Tata Sky on AGR issueSupreme Court has admitted the Centre's petition challenging the broadcast tribunal's judgment that licence fees for direct-to-home (DTH) s...
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