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TELECOM AGR LIABILITIES
Vodafone Idea shares rally 7% to fresh 52-week high despite market crash. What's behind the surge?Vodafone Idea shares surged nearly 7% to a new 52-week high after ICRA upgraded the telecom operator’s rating and revised its outlook. Inve...- Govt AGR relief, fresh funding fuel 61% rally in Vodafone Idea stock since AprilVodafone Idea shares are soaring, hitting a 52-week high. Government relief on dues and promoter funding are boosting the stock. Operationa...
- Vi pins hope on cashflow growth, loans, tax refunds to meet Rs 1 lakh cr cash requirementVodafone Idea plans to raise over Rs 1 lakh crore in the next three years. This will fund network upgrades and debt payments. The company e...
- Aditya Birla Group to invest $500 million in Vodafone Idea as revival signal strengthensAditya Birla Group is injecting ₹4,730 crore into Vodafone Idea (Vi) through a preferential allotment, bolstering the telecom operator's fi...
- Voda Idea may consider raising fresh funds to bolster its booksVodafone Idea's board will meet on May 16 to discuss a significant fundraising plan, aiming to secure fresh capital through equity and warr...
- Vodafone Idea board to weigh fundraise through equity after AGR reliefVodafone Idea board will consider raising funds via equity shares and warrants as sentiment improves after AGR relief and regulatory clarit...
- Kumar Birla back as Vodafone Idea’s non-exec Chair amid turnaround attemptKumar Mangalam Birla has returned as non-executive chairman of Vodafone Idea (Vi) to lead its turnaround. The company, bolstered by governm...
- In big relief to Vodafone Idea, govt pares its AGR liabilities by 27%The Department of Telecommunications (DoT) has reduced Vodafone Idea’s adjusted gross revenue (AGR) liabilities by about 27%, providing sig...
- DoT extends AGR dues reassessment timeline for Vodafone Idea till JuneVodafone Idea's Adjusted Gross Revenue dues reassessment is now expected by June. This follows an earlier March 31 target. The telecom depa...
- 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...
- Vodafone Idea shares in focus after SC order paves way for AGR reliefVodafone Idea shares: The Supreme Court has allowed the Centre to reassess telecom companies’ pending AGR dues beyond FY 2016-17, clarifyin...
- Centre can reconsider all pending AGR dues of Vodafone Idea, says Supreme CourtThe Supreme Court has delivered a crucial lifeline to Vodafone Idea, enabling the Centre to reassess all outstanding Adjusted Gross Revenue...
- BSNL, MTNL yet to clear AGR dues of over Rs 10,000 croreThe Supreme Court had last year directed that telecom operators will have to pay 10 per cent of the total dues as demanded by DoT by March ...
- Telcos had small army to help assess AGR duesEven as private cellular service operators scrambled to clear the adjusted gross revenue (AGR) dues before the Supreme Court’s hearing on M...
- Vodafone Idea submits AGR self assessment, says total liabilities stand at Rs Rs 21,533 crore"... the company has today filed its self-assessment of the AGR liabilities with the Department of Telecommunications. The self-assessment ...
- DoT examining if January 23 legal deadline for AGR payment applies to non-telecom PSUsTelcos Airtel and Vodafone Idea are legally bound to comply with the payment timelines stipulated by the SC.
- GAIL, Oil India & Power Grid caught off guard on AGR duesPower Grid’s telecom revenue increased by 9.3 per cent year-on-year to Rs 663.3 crore in FY19.
- Voda Idea AGR dues could rise furtherVoda Idea has pegged its additional AGR liability at Rs 44,200 cr; dues that need to be paid in under 3 months.
- Telecom industry to consolidate further in 'no relief' scenario: Kotak InstitutionalA 'no material relief' scenario would be an industry-structure-altering one.
- TDSAT excludes dividend, interest incomeIn a boost to telecom players, sector tribunal TDSAT ruled that income from dividend, interest income on savings, capital gains as well as ...
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