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Bharti Airtel, Unit Pay Rs. 5,985 Crore to Clear 'High-Cost' 2024 Spectrum Dues
Bharti Airtel, along with Bharti Hexacom, has prepaid Rs. 5,985 billion to the government, clearing "high-cost" liabilities from the 2024 spectrum auctions. India's second-largest telecom firm has reduced its spectrum-related debt to Rs. 52,000 crore, lowering the cost of debt to 7.22%. Airtel has been actively prepaying dues from past aggressive s...
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Manipur Government Flags "Kuki-Chin Christian Nation, Greater Mizoram Agenda", Slams Chief Minister Lalduhoma
The Manipur government has criticised Mizoram Chief Minister Lalduhoma for calling his Manipur counterpart N Biren Singh a "liability" for the state and the BJP.
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Ship Firms, US Agree On 'Cost Payment' Over Collapse Of Baltimore Bridge
Ship management firm Synergy Marine and Grace Ocean, owner of the ship with 22 Indian crew members that collided with a US bridge in March, have reached an "agreement" with the US government on cost payment, while rejecting liability for the incident
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Government Estimates Centre's Debt To Rise To Rs 185 Lakh Crore In FY25
The government estimates its debt, including external borrowing, valued at current exchange rate and public account and other liabilities will increase to Rs 185 lakh crore, or 56.8 per cent of the GDP, during the current fiscal year.
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Government's Total Liabilities Rise 2.6% To Rs 151 Lakh Crore In Q3 FY23: Report
The government's total liabilities rose to Rs 150.95 lakh crore in December quarter from Rs 147.19 lakh crore in the three months ended September 2022, according to the latest public debt management report.
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Explained: How India Earns Each Rupee And Where It Goes
For every rupee that Government of India earns, 34 paise comes through borrowings and liabilities while Goods and Services Tax contributes 17 paise.
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Budget 2023: For Every Rupee In Government Coffer, 58 Paise Will Come From Taxes
Budget 2023: For every rupee in the government coffer, 58 paise will come from direct and indirect taxes, 34 paise from borrowings and other liabilities, 6 paise from non-tax revenue like disinvestment.
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Families Of Nepal Plane Crash Likely To Miss Out Millions In Compensation: Report
The grieving families of the victims of the Yeti Airlines plane crash are likely to lose out on millions in compensation because the Nepal government has not ratified the crucial air carriers' liability and insurance draft bill.
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Capital Infusion In Vodafone Idea By Centre Under Discussion: Telecom Minister Ashwini Vaishnaw
Vodafone Idea (VIL), reeling under debt burden of over Rs 2 lakh crore, has opted for converting about Rs 16,000 crore of interest liability payable to the government into equity, which will amount to around a 33 per cent stake in the company.
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Government Liabilities Rose To Rs 128.41 Lakh Crore In December Quarter
Government's total liabilities rose by 2.15 per cent to Rs 128.41 lakh crore in the third quarter of the current financial year
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Airtel Prepays Rs 8,815 Crore To Clear Deferred Liabilities For 2015 Spectrum
Telecom operator Bharti Airtel on Friday said it has paid Rs 8,815 crore to the government towards part prepayment of deferred liabilities pertaining to spectrum acquired in the 2015 auction.
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Centre Settles Over Rs 61,000 Crore Air India Debt Before Transfer To Tatas
The government has settled over Rs 61,000 crore of Air India's legacy debt and other liabilities that were left in AIAHL -- the company holding residual assets and liabilities of the airline -- ahead of the transfer of the national carrier to the Tata Group.
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Norms For Telcos' Dues Conversion Into Equity, Likely In A Month: Government
Government is expected to come out with detailed guidelines for conversion of interest payment liabilities of telecom players into equity in a month
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Telcos' Debt Liability To Remain Post Interest Dues Conversion Into Equity: Minister
The debt liabilities will continue to remain with telecom companies which have proposed to convert their interest dues into government equity stake
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Vodafone Idea Shares Tank 19% On Conversion Of Dues Into Equity
Shares of Vodafone Idea (VIL) on Tuesday tumbled nearly 19 per cent after the debt-ridden firm announced converting about Rs 16,000 crore interest dues liability payable to the government into equity.
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Bharti Airtel, Unit Pay Rs. 5,985 Crore to Clear 'High-Cost' 2024 Spectrum Dues
Bharti Airtel, along with Bharti Hexacom, has prepaid Rs. 5,985 billion to the government, clearing "high-cost" liabilities from the 2024 spectrum auctions. India's second-largest telecom firm has reduced its spectrum-related debt to Rs. 52,000 crore, lowering the cost of debt to 7.22%. Airtel has been actively prepaying dues from past aggressive s...
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Manipur Government Flags "Kuki-Chin Christian Nation, Greater Mizoram Agenda", Slams Chief Minister Lalduhoma
The Manipur government has criticised Mizoram Chief Minister Lalduhoma for calling his Manipur counterpart N Biren Singh a "liability" for the state and the BJP.
-
Ship Firms, US Agree On 'Cost Payment' Over Collapse Of Baltimore Bridge
Ship management firm Synergy Marine and Grace Ocean, owner of the ship with 22 Indian crew members that collided with a US bridge in March, have reached an "agreement" with the US government on cost payment, while rejecting liability for the incident
-
Government Estimates Centre's Debt To Rise To Rs 185 Lakh Crore In FY25
The government estimates its debt, including external borrowing, valued at current exchange rate and public account and other liabilities will increase to Rs 185 lakh crore, or 56.8 per cent of the GDP, during the current fiscal year.
-
Government's Total Liabilities Rise 2.6% To Rs 151 Lakh Crore In Q3 FY23: Report
The government's total liabilities rose to Rs 150.95 lakh crore in December quarter from Rs 147.19 lakh crore in the three months ended September 2022, according to the latest public debt management report.
-
Explained: How India Earns Each Rupee And Where It Goes
For every rupee that Government of India earns, 34 paise comes through borrowings and liabilities while Goods and Services Tax contributes 17 paise.
-
Budget 2023: For Every Rupee In Government Coffer, 58 Paise Will Come From Taxes
Budget 2023: For every rupee in the government coffer, 58 paise will come from direct and indirect taxes, 34 paise from borrowings and other liabilities, 6 paise from non-tax revenue like disinvestment.
-
Families Of Nepal Plane Crash Likely To Miss Out Millions In Compensation: Report
The grieving families of the victims of the Yeti Airlines plane crash are likely to lose out on millions in compensation because the Nepal government has not ratified the crucial air carriers' liability and insurance draft bill.
-
Capital Infusion In Vodafone Idea By Centre Under Discussion: Telecom Minister Ashwini Vaishnaw
Vodafone Idea (VIL), reeling under debt burden of over Rs 2 lakh crore, has opted for converting about Rs 16,000 crore of interest liability payable to the government into equity, which will amount to around a 33 per cent stake in the company.
-
Government Liabilities Rose To Rs 128.41 Lakh Crore In December Quarter
Government's total liabilities rose by 2.15 per cent to Rs 128.41 lakh crore in the third quarter of the current financial year
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Airtel Prepays Rs 8,815 Crore To Clear Deferred Liabilities For 2015 Spectrum
Telecom operator Bharti Airtel on Friday said it has paid Rs 8,815 crore to the government towards part prepayment of deferred liabilities pertaining to spectrum acquired in the 2015 auction.
-
Centre Settles Over Rs 61,000 Crore Air India Debt Before Transfer To Tatas
The government has settled over Rs 61,000 crore of Air India's legacy debt and other liabilities that were left in AIAHL -- the company holding residual assets and liabilities of the airline -- ahead of the transfer of the national carrier to the Tata Group.
-
Norms For Telcos' Dues Conversion Into Equity, Likely In A Month: Government
Government is expected to come out with detailed guidelines for conversion of interest payment liabilities of telecom players into equity in a month
-
Telcos' Debt Liability To Remain Post Interest Dues Conversion Into Equity: Minister
The debt liabilities will continue to remain with telecom companies which have proposed to convert their interest dues into government equity stake
-
Vodafone Idea Shares Tank 19% On Conversion Of Dues Into Equity
Shares of Vodafone Idea (VIL) on Tuesday tumbled nearly 19 per cent after the debt-ridden firm announced converting about Rs 16,000 crore interest dues liability payable to the government into equity.
