Bharti Airtel

Bharti Airtel Pays Rs 10,000 Crore To Government After Supreme Court Rap

Business | Press Trust of India | Monday February 17, 2020

Last Friday, the Department of Telecommunications beganissuing orders to telecom companies asking firms such as Bharti Airtel and Vodafone Idea to clear their dues immediately.

Sensex Hovers At 41,300; TCS, Hindustan Unilever Top Gainers, ONGC, ICICI Bank Weak

Business | Edited by Peter Noronha (with inputs from agencies) | Monday February 17, 2020

Meanwhile, reports suggest that telecom operators Bharti Airtel, Vodafone Idea and Tata Teleservices will make payments towards adjusted gross revenue (AGR)-related dues during the course of the day to avoid stringent punitive action from the Department of Telecommunications.

Airtel, Vodafone Idea, Tata Teleservices To Pay Telecom Department Today: Report

Business | Press Trust of India | Monday February 17, 2020

Telecom operators are collectively liable to pay Rs 1.47 lakh crore in AGR dues as per the Supreme Court order dated October 24, 2019.

Telecom Firms Warned Of "Necessary Action" If Dues Not Cleared Immediately

Business | Indo-Asian News Service | Sunday February 16, 2020

The zonal telecom units of the Department of Telecom (DoT) have not explicitly raised the issue of encashment of bank guarantees in the communications to the TSPs.

Airtel to Pay Rs. 10,000 Crores as Part of AGR Dues by February 20

Indo-Asian News Service | Saturday February 15, 2020

Bharti Airtel has informed the Department of Telecom (DoT) that it is currently in the process of completing a self-assessment exercise as per the earlier DoT direction on AGR quantum to be paid to the government and would deposit Rs. 10,000 crores by February 20 as part of the payment.

Supreme Court Order On AGR Dues Will Be Discussed Internally If Issues Arise: RBI Chief

Business | Press Trust of India | Saturday February 15, 2020

On Friday, the Supreme Court threatened contempt proceedings against top executives of Bharti Airtel, Vodafone Idea and other telecom firms for failing to comply with its directive to pay an estimated Rs 1.47 lakh crore in past dues.

Telecom Stocks Slide After Top Court Says Companies In Contempt Over AGR Dues

Business | Edited by Peter Noronha (with inputs from agencies) | Friday February 14, 2020

The telecom companies had earlier filed pleas seeking a new schedule for paying statutory dues towards adjusted gross revenue (AGR) to the Department of Telecommunications (DoT). The telecom companies wanted to negotiate a fresh payment schedule with the telecom department, which has issued demand notices to them.

Nonsense, Thunders Top Court, Says Telecom Chiefs In Contempt: 10 Points

India News | Reported by A Vaidyanathan, Edited by Debanish Achom | Friday February 14, 2020

A furious Supreme Court on Friday tore into telecom companies as well as the government over dues worth thousands of crores unpaid despite its orders. "We don't know who is creating this nonsense, is there no law left in the country," the Supreme Court said, summoning telecom company bosses for contempt. "It is better not to live in this country an...

Airtel Launches 4 New International Roaming Recharge Plans With Data, Voice Calling Benefits

Jagmeet Singh | Tuesday February 11, 2020

Airtel has brought four new plans available at Rs. 648, Rs. 755, Rs. 799, and Rs. 1,199. The new plans are visible on the official Airtel website.

Bharti Airtel Inches Higher Despite Loss In Third Quarter

Business | Edited by Peter Noronha | Wednesday February 5, 2020

At 11:30 a.m, the shares of Bharti Airtel were trading higher by Rs 2 or 0.3 per cent at Rs 521 on the BSE amid the Sensex's gains of 0.3 per cent. The shares have touched an intra-dy high of Rs 529 and a low of Rs 515 thus far.

Bharti Airtel Reports December Quarter Loss Of Rs 1,035 Crore

Business | Edited by Abhishek (With inputs from Reuters) | Tuesday February 4, 2020

Average revenue per user (ARPU), the key metric of profitability for telecom companies, improved from Rs 128 in previous quarter to Rs 135 per month in December quarter.

Foreign Trade Regulator Puts Airtel On 'Denied Entry List': Report

Business | Indo-Asian News Service | Tuesday January 28, 2020

Government sources said Airtel failed to fulfil export obligation under Export Promotion Capital Goods Scheme.

'Kaun Banega Crorepati' Just Saved A Crore, Thanks To Supreme Court

India News | Press Trust of India | Saturday January 25, 2020

The Supreme Court has set aside a consumer forum verdict directing former promoters Star India and Bharti Airtel to pay punitive damages of Rs 1 crore for their alleged "unfair trade practice" in a contest telecast during season 3 of popular TV show 'Kaun Banega Crorepati', often referred to as KBC.

Telecom Department Orders No Action On Defaulting Airtel, Vodafone

Business | Press Trust of India | Thursday January 23, 2020

While Bharti Airtel and Vodafone Idea did not pay the dues, billionaire Mukesh Ambani-led Reliance Jio paid Rs 195 crore to clear all outstanding against it.

Airtel, Vodafone Idea, Tata Teleservices Approach Supreme Court, Seeking Time to Pay AGR Dues

ANI | Tuesday January 21, 2020

Vodafone Idea, Bharti Airtel, and Tata Teleservices have filed an application in the Supreme Court seeking modification of its earlier order and permit them to negotiate the payment schedule with the DoT.