Vodafone Idea Agr Dues
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"No Reason Centre Can't Reconsider": Supreme Court Relief For Vodafone Over AGR
"No Reason Centre Can't Reconsider": Supreme Court Relief For Vodafone Over AGR
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Supreme Court Rejects Telcos' Plea on AGR Dues Owed to Government
The Supreme Court has dismissed a plea from telecom companies to reassess the dues they owe the government, resulting in a decline in the stock prices of Vodafone Idea and its counterparts. Vodafone Idea and Bharti Airtel are facing a combined debt of Rs. 1 lakh crore in outstanding dues, encompassing spectrum charges and licensing fees.
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Bharti Airtel Defers Payment of AGR Dues Up to FY19 After DoT's Moratorium Offer
Bharti Airtel on Thursday said it has opted to defer the payment of AGR dues up to FY 2018-19, that are not tabulated in the Supreme Court's order, by up to four years. Last week, debt-ridden telecom operator Vodafone Idea (VIL) decided to defer payment of additional AGR dues of Rs. 8,837 crore by a period of four years.
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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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Vodafone Loses 2,700 Crore In Market Cap After Kumar Mangalam Birla Letter
Vodafone Idea Ltd - struggling to clear AGR dues of more than Rs 50,000 crore - lost over Rs 2,700 crore in market cap, a day after a letter by Chairman Kumar Mangalam Birla - written in June to Cabinet Secretary Rajiv Gauba - was made public.
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Vodafone AGR Case Will Impact Connected Cars In India
Vodofone-Idea has tumbled from being the leading mobile telecom operator to being relegated as number three behind Reliance Jio and Airtel.
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Supreme Court Gives Telcos 10 Years to Pay AGR Dues to Government
India's top court on Tuesday gave telecom firms 10 years to pay back dues they owe to the federal government after they failed to make the payment by the January deadline.
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Relief For Vodafone As Top Court Orders Centre To Refund 833 Crore
The Income Tax department has to refund taxes to the tune of 833 crore to Vodafone Idea, the Supreme Court maintained today in an order that brought relief to the cash-strapped telecom major which is already struggling to pay its AGR dues. Vodafone Idea has paid around Rs 7,854 crore of its AGR dues, it still owes Rs 50,399 crore to the government...
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Supreme Court Seeks Road Map From Telcos On Dues, Vodafone Says "No Money To Even Pay Salaries"
The Supreme Court on Thursday asked private telecom operators to furnish undertakings and file affidavits giving a road map for clearing the Adjusted Gross Revenue (AGR) related dues as Vodafone Idea said that it does not have enough money to even pay salaries to its employees.
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DoT Said to Write Fresh Letters to Telcos Questioning Them on AGR Dues Discrepancy
DoT will write fresh letters to telecom companies questioning them about the variation in AGR dues assessed by firms themselves and its own calculations, according to a source.
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Vodafone Idea Seeks Rs. 35 per GB as Minimum Mobile Data Tariff Amid Financial Woes
Vodafone Idea has sought fixing minimum tariffs for mobile data at Rs. 35 per GB, which is about 7 time the current rate.
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Government Gets Nearly Rs. 15,700 Crores in AGR Dues, Will Send Notice for Remainder
The government has received Rs. 15,697 crores in AGR dues as on Thursday with the latest payment of Rs 1,000 crore by Vodafone Idea.
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AGR Dues: Government May Seek Balance Between Supreme Court Order, Telcos' Health
With the telecom sector reeling under severe financial stress and Vodafone Idea staring at bankruptcy in case it is made to pay its adjusted gross revenue (AGR) dues, the government is considering options to stick to the Supreme Court's directive but with least possible impact on the financials of the stressed operators.
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Overnight Payment Of Dues? Vodafone Will Have To Shut, Says Firm's Lawyer Mukul Rohatgi
Vodafone Idea has made a loss of over 2 lakh crores over the last decade and will have to shut shop if it has to pay all its dues to the government overnight. This would make 10,000 people jobless and inconvenience 30 crore subscribers, Mukul Rohatgi, the senior counsel for the company, told NDTV on Monday. It would also have an effect on the whole...
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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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"No Reason Centre Can't Reconsider": Supreme Court Relief For Vodafone Over AGR
"No Reason Centre Can't Reconsider": Supreme Court Relief For Vodafone Over AGR
-
Supreme Court Rejects Telcos' Plea on AGR Dues Owed to Government
The Supreme Court has dismissed a plea from telecom companies to reassess the dues they owe the government, resulting in a decline in the stock prices of Vodafone Idea and its counterparts. Vodafone Idea and Bharti Airtel are facing a combined debt of Rs. 1 lakh crore in outstanding dues, encompassing spectrum charges and licensing fees.
-
Bharti Airtel Defers Payment of AGR Dues Up to FY19 After DoT's Moratorium Offer
Bharti Airtel on Thursday said it has opted to defer the payment of AGR dues up to FY 2018-19, that are not tabulated in the Supreme Court's order, by up to four years. Last week, debt-ridden telecom operator Vodafone Idea (VIL) decided to defer payment of additional AGR dues of Rs. 8,837 crore by a period of four years.
-
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.
-
Vodafone Loses 2,700 Crore In Market Cap After Kumar Mangalam Birla Letter
Vodafone Idea Ltd - struggling to clear AGR dues of more than Rs 50,000 crore - lost over Rs 2,700 crore in market cap, a day after a letter by Chairman Kumar Mangalam Birla - written in June to Cabinet Secretary Rajiv Gauba - was made public.
-
Vodafone AGR Case Will Impact Connected Cars In India
Vodofone-Idea has tumbled from being the leading mobile telecom operator to being relegated as number three behind Reliance Jio and Airtel.
-
Supreme Court Gives Telcos 10 Years to Pay AGR Dues to Government
India's top court on Tuesday gave telecom firms 10 years to pay back dues they owe to the federal government after they failed to make the payment by the January deadline.
-
Relief For Vodafone As Top Court Orders Centre To Refund 833 Crore
The Income Tax department has to refund taxes to the tune of 833 crore to Vodafone Idea, the Supreme Court maintained today in an order that brought relief to the cash-strapped telecom major which is already struggling to pay its AGR dues. Vodafone Idea has paid around Rs 7,854 crore of its AGR dues, it still owes Rs 50,399 crore to the government...
-
Supreme Court Seeks Road Map From Telcos On Dues, Vodafone Says "No Money To Even Pay Salaries"
The Supreme Court on Thursday asked private telecom operators to furnish undertakings and file affidavits giving a road map for clearing the Adjusted Gross Revenue (AGR) related dues as Vodafone Idea said that it does not have enough money to even pay salaries to its employees.
-
DoT Said to Write Fresh Letters to Telcos Questioning Them on AGR Dues Discrepancy
DoT will write fresh letters to telecom companies questioning them about the variation in AGR dues assessed by firms themselves and its own calculations, according to a source.
-
Vodafone Idea Seeks Rs. 35 per GB as Minimum Mobile Data Tariff Amid Financial Woes
Vodafone Idea has sought fixing minimum tariffs for mobile data at Rs. 35 per GB, which is about 7 time the current rate.
-
Government Gets Nearly Rs. 15,700 Crores in AGR Dues, Will Send Notice for Remainder
The government has received Rs. 15,697 crores in AGR dues as on Thursday with the latest payment of Rs 1,000 crore by Vodafone Idea.
-
AGR Dues: Government May Seek Balance Between Supreme Court Order, Telcos' Health
With the telecom sector reeling under severe financial stress and Vodafone Idea staring at bankruptcy in case it is made to pay its adjusted gross revenue (AGR) dues, the government is considering options to stick to the Supreme Court's directive but with least possible impact on the financials of the stressed operators.
-
Overnight Payment Of Dues? Vodafone Will Have To Shut, Says Firm's Lawyer Mukul Rohatgi
Vodafone Idea has made a loss of over 2 lakh crores over the last decade and will have to shut shop if it has to pay all its dues to the government overnight. This would make 10,000 people jobless and inconvenience 30 crore subscribers, Mukul Rohatgi, the senior counsel for the company, told NDTV on Monday. It would also have an effect on the whole...
-
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...
