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Vodafone, Airtel, Tata's Plea Over Waiver Of Dues Rejected By Supreme Court
The Supreme Court on Monday dismissed the pleas of telecom majors Vodafone, Airtel and Tata Teleservices seeking the waiver of adjusted gross revenue (AGR) dues.
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Setback For Telecom Firms, Top Court Rejects Plea On Adjusted Gross Revenue
The Supreme Court on Wednesday rejected telecom companies' plea to re-compute adjusted gross revenues, or AGRs, amid a long-standing dispute over payment of dues to the government.
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Vodafone Idea Defers Rs 8,837 Crore Adjusted Gross Revenue Dues Payment
Debt-ridden telecom operator Vodafone Idea has decided to defer payment of additional adjusted gross revenues of Rs 8,837 crore dues by a period of four years.
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Three Telcos Interested in Converting Pending Dues into Equity: Telecom Minister Ashwini Vaishnaw
The government is considering proposals it has received from three telecom operators so far that are keen on converting their adjusted gross revenue (AGM) dues into equity, Telecom Minister Ashwini Vaishnaw told Rajya Sabha.
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Vodafone Idea's Debt to Equity Conversion to Make Government Largest Shareholder With 36 Percent Stake
The government is set to become the largest shareholder of Vodafone Idea (Vi) as the company's board has approved the conversion of interest on deferred spectrum and Adjusted Gross Revenue (AGR) dues into equity.
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Unified Licence To Have Framework For Audio Conferencing, Voice Mail Services
Unified licence system will include licensing framework for audio conferencing, audiotex and voice mail services, telecom department has said
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Big Telecom Reform: 100% FDI Through Automatic Route Cleared By Cabinet
In a big telecom reform, the centre has announced 100 per cent foreign direct investment (FDI) in the telecom sector through the automatic route as part of its comprehensive package for the telecom sector."100 per cent FDI in telecom via the automatic route was approved by the cabinet," telecom minister Ashwini Vaishnav said while briefing reporter...
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Here's What The Telecom Package Means: 5 Points
The centre has cleared a relief package for the embattled telecom sector, in a move to provide relief to companies weighed down by huge Adjusted Gross Revenue (AGR) dues. The package would provide relaxation to telecom companies on payment of their long outstanding dues, including a four-year moratorium on spectrum installment which is due in Apri...
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Stocks To Watch: Maruti Suzuki India, Canara Bank, Bharti Airtel
The Supreme Court will hear a fresh plea by Bharti Airtel against payment of defunct telecom company Videocon Telecommunications' adjusted gross revenue (AGR) dues
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Short Payment Time Frame For AGR Dues May Weaken Telecom Industry: Report
The Supreme Court on Tuesday allowed a 10-year payment term as against 20 years proposed by the government, with 10 per cent upfront payment for repayment amounting to about Rs 90,000 crore.
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Vodafone Idea Gains Nearly 9% Post Supreme Court AGR Verdict
On Tuesday, the Supreme Court had given telecom companies 10 years to clear their adjusted gross revenue dues, thus ending the uncertainty over dues and re-payment tenure.
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Top Court Gives Telecom Firms 10 Years To Pay Dues, Contempt If Default
The Supreme Court on Tuesday gave telecom companies 10 years to clear huge dues owed to the government, called adjusted gross revenue (AGR), amounting to about Rs 1.6 lakh crore, in staggered payments. A three-judge bench of the top court said telecom companies must pay 10 per cent of the dues by March 31 next year. The Supreme Court rejected a 20-...
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How To Recover Dues From Firms Facing Insolvency? Top Court To Telecom Department
The Supreme Court on Monday asked Department of Telecom (DoT) to apprise it as how it plans to recover Adjusted Gross Revenue (AGR) related dues from telecom companies facing insolvency proceedings and whether spectrum given to these companies can be sold.
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Vodafone Idea Posts Rs 73,878 Crore Loss In 2019-20, Highest-Ever By An Indian Company
The company has to pay Rs 51,400 crore dues after the Supreme Court ordered the non-telecom revenues to be included in calculating statutory dues.
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"Telecom The Only Sector Making Money During COVID-19 Crisis:" Top Court
Dispute centers around the definition of adjusted gross revenue. Telecom companies pay a percentage of their revenues as license fee to government.
-
Vodafone, Airtel, Tata's Plea Over Waiver Of Dues Rejected By Supreme Court
The Supreme Court on Monday dismissed the pleas of telecom majors Vodafone, Airtel and Tata Teleservices seeking the waiver of adjusted gross revenue (AGR) dues.
-
Setback For Telecom Firms, Top Court Rejects Plea On Adjusted Gross Revenue
The Supreme Court on Wednesday rejected telecom companies' plea to re-compute adjusted gross revenues, or AGRs, amid a long-standing dispute over payment of dues to the government.
-
Vodafone Idea Defers Rs 8,837 Crore Adjusted Gross Revenue Dues Payment
Debt-ridden telecom operator Vodafone Idea has decided to defer payment of additional adjusted gross revenues of Rs 8,837 crore dues by a period of four years.
-
Three Telcos Interested in Converting Pending Dues into Equity: Telecom Minister Ashwini Vaishnaw
The government is considering proposals it has received from three telecom operators so far that are keen on converting their adjusted gross revenue (AGM) dues into equity, Telecom Minister Ashwini Vaishnaw told Rajya Sabha.
-
Vodafone Idea's Debt to Equity Conversion to Make Government Largest Shareholder With 36 Percent Stake
The government is set to become the largest shareholder of Vodafone Idea (Vi) as the company's board has approved the conversion of interest on deferred spectrum and Adjusted Gross Revenue (AGR) dues into equity.
-
Unified Licence To Have Framework For Audio Conferencing, Voice Mail Services
Unified licence system will include licensing framework for audio conferencing, audiotex and voice mail services, telecom department has said
-
Big Telecom Reform: 100% FDI Through Automatic Route Cleared By Cabinet
In a big telecom reform, the centre has announced 100 per cent foreign direct investment (FDI) in the telecom sector through the automatic route as part of its comprehensive package for the telecom sector."100 per cent FDI in telecom via the automatic route was approved by the cabinet," telecom minister Ashwini Vaishnav said while briefing reporter...
-
Here's What The Telecom Package Means: 5 Points
The centre has cleared a relief package for the embattled telecom sector, in a move to provide relief to companies weighed down by huge Adjusted Gross Revenue (AGR) dues. The package would provide relaxation to telecom companies on payment of their long outstanding dues, including a four-year moratorium on spectrum installment which is due in Apri...
-
Stocks To Watch: Maruti Suzuki India, Canara Bank, Bharti Airtel
The Supreme Court will hear a fresh plea by Bharti Airtel against payment of defunct telecom company Videocon Telecommunications' adjusted gross revenue (AGR) dues
-
Short Payment Time Frame For AGR Dues May Weaken Telecom Industry: Report
The Supreme Court on Tuesday allowed a 10-year payment term as against 20 years proposed by the government, with 10 per cent upfront payment for repayment amounting to about Rs 90,000 crore.
-
Vodafone Idea Gains Nearly 9% Post Supreme Court AGR Verdict
On Tuesday, the Supreme Court had given telecom companies 10 years to clear their adjusted gross revenue dues, thus ending the uncertainty over dues and re-payment tenure.
-
Top Court Gives Telecom Firms 10 Years To Pay Dues, Contempt If Default
The Supreme Court on Tuesday gave telecom companies 10 years to clear huge dues owed to the government, called adjusted gross revenue (AGR), amounting to about Rs 1.6 lakh crore, in staggered payments. A three-judge bench of the top court said telecom companies must pay 10 per cent of the dues by March 31 next year. The Supreme Court rejected a 20-...
-
How To Recover Dues From Firms Facing Insolvency? Top Court To Telecom Department
The Supreme Court on Monday asked Department of Telecom (DoT) to apprise it as how it plans to recover Adjusted Gross Revenue (AGR) related dues from telecom companies facing insolvency proceedings and whether spectrum given to these companies can be sold.
-
Vodafone Idea Posts Rs 73,878 Crore Loss In 2019-20, Highest-Ever By An Indian Company
The company has to pay Rs 51,400 crore dues after the Supreme Court ordered the non-telecom revenues to be included in calculating statutory dues.
-
"Telecom The Only Sector Making Money During COVID-19 Crisis:" Top Court
Dispute centers around the definition of adjusted gross revenue. Telecom companies pay a percentage of their revenues as license fee to government.
