Agr Dues Hearing
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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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Top Court Orders Not To Invoke Airtel Bank Guarantees For Videocon AGR Dues
"The DoT shall not invoke the bank guarantee of Respondent...(Bharti Airtel) for the period of three weeks from today," a bench comprising justices L Nageswara Rao, S Abdul Nazeer and M R Shah said in its order.
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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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Supreme Court Seeks Details From Telecom Department On Dues Of Firms Sharing Spectrum
AGR Case: The Supreme Court was hearing a batch of petitions seeking staggered payment of dues to the tune of around Rs 92,000 crore to the government by various telecom companies.
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In Telecom Dues Case, Lawyer's Folded-Hands Appeal In Top Court: 10 Facts
Former Attorney General Mukul Rohatgi today appealed to the Supreme Court with folded hands, asking it to grant at least 15 years to telecom companies to clear their dues with the government. The court had earlier warned of strong action for wrongdoing, saying it may send them "directly to jail". The loss-making telcos had initially asked for a 20...
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Supreme Court To Hear Case On Telecom Dues On Thursday
The matter of adjusted gross revenue (AGR) will be heard by the Supreme Court tomorrow.
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Government Gets Rs 25,701 Crore In Dues, Tata Tele Pays Rs 4,197 Crore
The top court had directed on February 14 that AGR dues will need to be paid up by the next hearing day of March 17.
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Crisil Downgrades Vodafone Idea's Debt Issue Over Government Dues
The rating action reflects CRISIL's expectation of a lower likelihood of any relief from Government of India after the Supreme Court (SC) on February 14, 2020, did not grant any relief to the telecom companies, including Vodafone Idea, on adjusted gross revenue (AGR) dues and directed them to make the payment before the next hearing date i.e. March...
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Telcos Pay Part Of Government Dues, RBI Flags Fresh Concern: 10 Points
Debt-ridden telecom firms have paid part of the Rs 1.47 lakh crore they owe to the government as the Reserve Bank expressed concern on Monday about the possibility of their defaulting on bank loans. Bharti Airtel made a payment of Rs 10,000 crore on Monday. Vodafone Idea and Tata Group have already paid their share. The telecom companies -- which h...
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Vodafone Idea Says It Will Pay AGR Dues, Continuation of Business Depends on Supreme Court Order
Debt-ridden telecom operator Vodafone Idea on Saturday said it is assessing the amount that can be paid towards AGR dues, even as it flagged concerns over the continuation of its business.
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Airtel Said to Tell DoT It Won't Pay AGR Dues Until Supreme Court Verdict
Airtel on Thursday told the Department of Telecom that it will not clear any AGR arrears until the Supreme Court hearing next week, as per sources quoted by IANS.
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Telecom Firms Move Top Court To Seek Fresh Schedule For Clearing Rs 1.5 Lakh Crore Dues
The telecom companies said they wanted an open-court hearing on their fresh pleas with regard to working out fresh schedule of payment of their dues.
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Supreme Court Dismisses Plea of Telcos Seeking Review of Verdict on Recovery of Past Dues
Supreme Court Thursday dismissed review petitions of top telecom firms including Bharti Airtel and Vodafone Idea seeking review of its earlier order asking them to pay Rs. 1,47,000 crores in past statutory dues by January 23.
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Telecom Companies To Pay Rs 92,000 Crore As Dues To Government; Top Court Rejects Plea For Review
In a major setback for mobile service providers, the Supreme Court on Thursday rejected telecom companies' plea seeking a review of its earlier order that allowed the government to collect dues worth Rs 92,000 crore from them. "Applications for hearing in open court/oral hearing are rejected. Having perused the review petitions and the connected pa...
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Telecom Majors Seek Open Court Hearing of Their Pleas in Supreme Court for Review of Certain Directions on AGR
Telecom majors, including Bharti Airtel and Vodafone Idea, on Wednesday, sought an open court hearing of their pleas seeking review of certain directions of the Supreme Court on recovery of past dues amounting to Rs. 1.47 lakh crores from telecom service providers.
-
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.
-
Top Court Orders Not To Invoke Airtel Bank Guarantees For Videocon AGR Dues
"The DoT shall not invoke the bank guarantee of Respondent...(Bharti Airtel) for the period of three weeks from today," a bench comprising justices L Nageswara Rao, S Abdul Nazeer and M R Shah said in its order.
-
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
-
Supreme Court Seeks Details From Telecom Department On Dues Of Firms Sharing Spectrum
AGR Case: The Supreme Court was hearing a batch of petitions seeking staggered payment of dues to the tune of around Rs 92,000 crore to the government by various telecom companies.
-
In Telecom Dues Case, Lawyer's Folded-Hands Appeal In Top Court: 10 Facts
Former Attorney General Mukul Rohatgi today appealed to the Supreme Court with folded hands, asking it to grant at least 15 years to telecom companies to clear their dues with the government. The court had earlier warned of strong action for wrongdoing, saying it may send them "directly to jail". The loss-making telcos had initially asked for a 20...
-
Supreme Court To Hear Case On Telecom Dues On Thursday
The matter of adjusted gross revenue (AGR) will be heard by the Supreme Court tomorrow.
-
Government Gets Rs 25,701 Crore In Dues, Tata Tele Pays Rs 4,197 Crore
The top court had directed on February 14 that AGR dues will need to be paid up by the next hearing day of March 17.
-
Crisil Downgrades Vodafone Idea's Debt Issue Over Government Dues
The rating action reflects CRISIL's expectation of a lower likelihood of any relief from Government of India after the Supreme Court (SC) on February 14, 2020, did not grant any relief to the telecom companies, including Vodafone Idea, on adjusted gross revenue (AGR) dues and directed them to make the payment before the next hearing date i.e. March...
-
Telcos Pay Part Of Government Dues, RBI Flags Fresh Concern: 10 Points
Debt-ridden telecom firms have paid part of the Rs 1.47 lakh crore they owe to the government as the Reserve Bank expressed concern on Monday about the possibility of their defaulting on bank loans. Bharti Airtel made a payment of Rs 10,000 crore on Monday. Vodafone Idea and Tata Group have already paid their share. The telecom companies -- which h...
-
Vodafone Idea Says It Will Pay AGR Dues, Continuation of Business Depends on Supreme Court Order
Debt-ridden telecom operator Vodafone Idea on Saturday said it is assessing the amount that can be paid towards AGR dues, even as it flagged concerns over the continuation of its business.
-
Airtel Said to Tell DoT It Won't Pay AGR Dues Until Supreme Court Verdict
Airtel on Thursday told the Department of Telecom that it will not clear any AGR arrears until the Supreme Court hearing next week, as per sources quoted by IANS.
-
Telecom Firms Move Top Court To Seek Fresh Schedule For Clearing Rs 1.5 Lakh Crore Dues
The telecom companies said they wanted an open-court hearing on their fresh pleas with regard to working out fresh schedule of payment of their dues.
-
Supreme Court Dismisses Plea of Telcos Seeking Review of Verdict on Recovery of Past Dues
Supreme Court Thursday dismissed review petitions of top telecom firms including Bharti Airtel and Vodafone Idea seeking review of its earlier order asking them to pay Rs. 1,47,000 crores in past statutory dues by January 23.
-
Telecom Companies To Pay Rs 92,000 Crore As Dues To Government; Top Court Rejects Plea For Review
In a major setback for mobile service providers, the Supreme Court on Thursday rejected telecom companies' plea seeking a review of its earlier order that allowed the government to collect dues worth Rs 92,000 crore from them. "Applications for hearing in open court/oral hearing are rejected. Having perused the review petitions and the connected pa...
-
Telecom Majors Seek Open Court Hearing of Their Pleas in Supreme Court for Review of Certain Directions on AGR
Telecom majors, including Bharti Airtel and Vodafone Idea, on Wednesday, sought an open court hearing of their pleas seeking review of certain directions of the Supreme Court on recovery of past dues amounting to Rs. 1.47 lakh crores from telecom service providers.
