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AGR VERDICT
Vodafone Idea share price: Citi removes ‘High Risk’ rating, sees up to 22% upside potential; here’s whyVodafone Idea shares have seen significant gains. Citi has upgraded its rating to 'Buy' and set a new target price. This positive outlook i...- Non-telcos' AGR bill may be Rs 82,000 crore lessThe government has been planning a financial relief package of over ₹82,000 crore for non-telecom firms impacted by the Supreme Court's 201...
- 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...
- AGR verdict brings certainty; DoT should now focus on ease of biz, industry profitability: BIFBroadband India Forum has also urged the Department of Telecom (DoT) to take quick decisions on a spate of recommendations which have alrea...
- Telecom gear vendors, tower companies expect better prospects after AGR clarityThe AGR ruling of the nation’s top court coupled with VIL’s plans to go for an aggressive Rs 25,000-crore fundraise and stay competitive, h...
- AGR verdict: SC orders telcos to pay AGR dues in 10 years; Vodafone Idea cracks 18%, Airtel jumps 5%Vodafone Idea slumped 9.91 per cent to Rs 9.18 while Bharti AIrtel surged 4.68 per cent to Rs 538 following the verdict.
- 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 ...
- Shorter payment duration for AGR dues may impact industry structure, necessitates ARPU hike: ICRAThe relatively shorter timeframe granted to telcos for payment of AGR dues will exert additional pressure on the cash flows, necessitates "...
- Vodafone Idea, Bharti Airtel rise up to 5% ahead of SC verdict on AGR duesVodafone Idea has warned it would be forced to shut shop if made to pay its dues at one go.
- Supreme Court set to pronounce AGR verdict today, Vodafone-Idea's fate hangs by a threadThe govt has sought a 20-year time frame for telcos to pay back their balance AGR dues, while the two most affected telcos- Vodafone Idea (...
- Govt backs 20 years to pay AGR dues, Airtel, Voda Idea seek 15 years, SC reserves order“Heard parties on liability and timeframe for making the payment. While hearing the matter, attempts were made to wriggle out of the liabil...
- 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...
- Bharti Infratel awaits SC verdict on AGR for merger with Indus TowersMajority owned by Bharti Airtel, Infratel is awaiting the outcome of the next hearing in the Supreme Court on the AGR issue on March 17, th...
- Voda Idea, Infratel shares crash on SC rejecting AGR review, Airtel gainsGovt has estimated Vodafone Idea’s dues in the AGR matter to be more than Rs 53,000 crore.
- Airtel, Voda Idea shares jump up to 5% ahead of AGR review plea in SCSC has listed the limited review petitions by telecom companies against the AGR verdict.
- No open-court hearing on AGR: Supreme CourtThe two telcos - hit most by the AGR verdict wherein Airtel has to pay over Rs 35,500 crore and Vodafone Idea has to put in over Rs 53,000 ...
- Questions for 2020: Telecom becomes a duopoly?The answer is yes, if Vodafone Idea doesn’t get relief on its AGR dues from the government or judiciary. Especially as there has been a ste...
- DoT asks circle officers to complete AGR rechecks by Dec 20"As this task is time bound and compliarrce is to be reported to the Hon'ble Supreme Court, you are instructed to follow above instructions...
- Airtel: 'Disappointed' at SC order on AGR, will weaken sectoral viabilityThe Supreme Court on Thursday ruled in favour of the government on the AGR (adjusted gross revenue) issue, settling a 14 year old issue whi...
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