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Airtel and Vodafone surge after reports that government may defer AGR payments

The Indian government has reportedly approved the highly-awaited telecom relief package, offering a…

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5 mins read

Government owning Vodafone Idea is just half the task – the other half is to find the money

However, the market response to the announcement was brutal – Vodafone Idea’s shares dipped by a…

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DoT still working on final calculation of pending AGR dues

"DoT noticed that many Controllers of Communication Accounts have been cherry picking the figures c…

PTI   


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Govt not expecting substantial gain from AGR dues in 2020-21

New Delhi, Feb 1 () It may have sought almost Rs 4 lakh crore from telecom and non-telecom companie…

PTI   


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Govt not included AGR dues payment in Budget 2020-21: DEA Secy

New Delhi, Feb 3 () The government has not included AGR dues payment in the Budget 2020-21, Economi…

PTI   


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Balance AGR dues of telcos pegged at Rs 1,30,440 crore: Dhotre

To another question on whether the government intends to propose a plan for future development in t…

PTI   


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Vodafone Idea shares plunge over 13% after Supreme Court asks for an undertaking to cough up ₹53,000 crore

The Supreme Court today ordered telcos Vodafone Idea, Airtel and others to submit an undertaking th…

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DoT not to take coercive action against telcos who fail to pay AGR dues

New Delhi, Jan 23 () The telecom department has decided to not take any coercive action against the…

PTI   


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Airtel, Voda Idea, Tata Tele likely to pay AGR dues on Monday: DoT sources

"Before the due date, DoT has sent telecom operators 4 notices and reminders to pay to avoid punit…

PTI   


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4 mins read

Voda Idea to pay AGR dues but uncertain on future course; DoT mulls penal action

"The DoT has sent five notices to telecom operators with reminders and penalty provisions on Octobe…

PTI   


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Budget data suggests some AGR dues payment likely in FY20: Goldman Sachs

New Delhi, Feb 3 () Budget data suggests that government may be expecting to receive the principal …

PTI   


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1 min read

Supreme Court order on AGR dues: Das says will discuss internally if any issues arise out of it

On Friday, the Supreme Court threatened contempt proceedings against top executives of Bharti Airt…

PTI   


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AGR case: DoT's 'desk officer' issued order after senior official's nod

"We have to draw contempt against this man (desk officer) and also against these companies. How ar…

PTI   


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Oil India wages war against telecom ministry over ₹48,000 cr AGR dues

"We have received a demand notice for paying payments by January 23. We plan to challenge it in…

PTI   


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COAI rings alarm bells; asks govt to ease terms for AGR dues' payment, cut in licence fee

"Banks are currently unwilling to take any risk with respect to the telecom sector and are constan…

PTI   


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Any relief to non-telecom firms on AGR dues can only come from SC: DoT source

New Delhi, Dec 29 () After sending out notices to firms such as gas utility GAIL for crores of rupe…

PTI   


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4 mins read

AGR woes: No decision on relief to telcos at DCC meet; DoT officials say more AGR-data needed

Once substantiating documents are filed by the companies, the telecom department will initiate rand…

PTI   


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3 mins read

India's Supreme Court threatened Airtel and Vodafone with 'contempt' proceedings⁠

Bharti Airtel and Vodafone-Idea share prices tanked on Friday after the Supreme Court of India cam…

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No case for differential treatment for PSUs on statutory dues matter: COAI

New Delhi, Jan 29 () Industry body COAI said on Wednesday that AGR formula being applied on mobile …

PTI   


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COAI raises AGR issue, seeks cut in levies at meeting with FM

New Delhi, Dec 20 () Amid mounting financial woes of the telecom sector, industry body COAI raised …

PTI