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VI AGR CASE
Vi shares double investments in 1 year. Here’s what analysts from Macquarie, JPMorgan, other global brokerages sayVodafone Idea shares have surged over 100% in a year. Analysts from Macquarie, JPMorgan, and other global brokerages offer mixed views. Whi...- DoT rules out Vi-like relief for Airtel, Tata Teleservices; telcos must pay ₹10,000 cr AGR dues by March 31Bharti Airtel and Tata Teleservices face a March 31 deadline to pay approximately ₹10,000 cr in adjusted gross revenue dues. This payment i...
- Supreme Court adjourns Vodafone Idea's AGR dues plea; next hearing likely on Oct 27The Supreme Court on Monday adjourned Vodafone Idea’s (Vi) plea seeking a waiver of interest, penalty, and interest on penalty on its AGR d...
- Vodafone Idea shares jump 5% as govt considers relief on Rs 84,000-crore AGR duesVodafone Idea shares rose on Tuesday, reports suggested the government may offer relief on its Rs 84,000 crore AGR dues. Options under disc...
- Centre mulls options to give Vodafone Idea relief on Rs 84,000 cr duesThe government is exploring ways to ease Vodafone Idea's financial burden. Options include extending the repayment period for AGR dues and ...
- Vi says all legal options in AGR case closed after SC junks last reviewThe Supreme Court has rejected Vodafone Idea and Bharti Airtel's review petitions to correct errors in AGR dues calculations. This ruling c...
- Vodafone Idea counts on govt after AGR debacle with 'fresh dialogue'Vodafone Idea has started new discussions with the government following an unfavorable Supreme Court decision on the re-computation of Adju...
- Curative petition not factored in Vodafone Idea’s talks with lenders and vendors, say sourcesVodafone Idea's discussions with lenders and vendors remain on track despite the Supreme Court's rejection of their curative petition on AG...
- Big blow for telcos as SC rejects AGR re-computation plea; Vi shares crashThe Supreme Court has dismissed pleas by telecom giants Vodafone Idea and Bharti Airtel to re-compute Adjusted Gross Revenue (AGR) dues. Th...
- Indus Towers shares fall 13% after SC rejects re-computation in AGR caseIndus Towers Share Price: Indus Towers' shares dropped 10% to their day's low of Rs 366.30 on the BSE after the Supreme Court upheld its ru...
- Vodafone Idea shares crash 15% as SC rejects AGR pleaVodafone Idea Share Price: Shares of Vodafone Idea fell 15% to Rs 10.96 on NSE after the Supreme Court rejected telecom companies' request ...
- Government may also convert Vodafone Idea's AGR and spectrum dues into equity: AnalystsVi's cash crunch - it had a cash balance of ₹160 crore at December end - has meant it has been unable to invest meaningfully in expanding 4...
- DoT may return Telcos' ₹23kcr bank guaranteesAs reported by ET in its March 2 edition, Vi had sought release of BGs worth around Rs 15,000 crore, and freezing of the AGR dues on Octobe...
- Telco stocks rise a day after govt okays 4-year moratorium on AGR, spectrum duesShares of Vodafone Idea (Vi), which needed immediate relief from the government to survive and avoid bankruptcy, jumped almost 10 % in earl...
- Bharti Airtel moves Supreme Court with review petition in AGR caseThe battle between the telcos -mainly Vi and Airtel versus DoT over AGR dues reached a flash point in 2019 when SC widened the scope of AGR...
- Vodafone Idea's future hinges on relief from government, say analystsWithout funding, Vi may "find it a challenge to meet its immediate Rs 24,000 crore-plus payment obligation (by April next), and if all opti...
- 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...
- Airtel, Vi mention AGR calculation error plea in Supreme Court, court says to hear in 2 weeksThe case was mentioned in the apex court on Wednesday. The latest in the AGR battle between the telecom department and the operators starte...
- Tata Tele moves SC seeking AGR dues recalculationBoth telcos highlighted the manifold increase in AGR dues as a result of these arithmetical errors. Earlier appeals by the telcos to allow ...
- Vodafone Idea moves SC, pointing out calculation errors in AGR duesLoss-making Vi, the worst hit by the AGR case ruling of October 2019 which left it facing the most dues among telcos, follows rival Bharti ...
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