Mumbai: Vodafone Idea shares plunged over 17 per cent, while the stock price of Bharti Airtel surged over 4 per cent on Tuesday after the...Read More
During the June quarter, the company recorded an incremental provision of Rs 10,744.4 crore towards Adjusted Gross Revenue (AGR) dues it ...Read More
By Vaibhav Agrawal
In 2018, Vodafone merged with Idea and was renamed Vodafone Idea Ltd. (VIL). The combined entity had the highest subscriber base in India...Read More
By FPJ Bureau
Sources said the government does not want another knock on its knuckles from the Supreme Court that pulled it up on February 14 and summo...Read More
Reliance Jio leads the India mobile subscriber market with a share of 32.1%, while Bharti Airtel and Vodafone Idea have 28.43% share and ...Read More
The development came as DoT prepared to send out fresh missive to telcos questioning them about discrepancies in AGR dues assessed by fir...Read More
The telecom department officials continue to maintain that the meeting did not focus on AGR issues but on project implementation for PPP ...Read More
With the telecom industry plunging into a deep, unprecedented crisis, the association has raised an alarm over banks' unwillingness to ta...Read More
Emerging from the meeting which lasted for over 30 minutes, Chandrasekaran declined to comment on the details of his discussion.
According to FinMin officials, telcos were granted the two-year moratorium relief last year on the spectrum dues payment on a past spectr...Read More
Besides licence fees, telecom companies owe Rs 55,054 crore in spectrum usage charges (SUC), as per estimates of the Department of Teleco...Read More
Mittal, however, said the issue of AGR payment did not figure in the talks. The discussion was on the overall industry, he said.
Emerging out of the North Block after meeting top finance ministry officials, Mittal told reporters that the issue of pending dues arisin...Read More
Bad news on the economy keeps piling up. Retail inflation touched a 68-month high at 7.59 per cent last month. It may be partl...Read More
Finance costs of the company surged almost 30% to Rs 3,722.2 crore, while depreciation went up by 23% to Rs 5,877.4 crore.
New Delhi - The government must find ways to mitigate the impact of the Supreme Court's verdict to include non-core revenue for calculati...Read More
The bench made it clear that there would no further litigation on the issue and it would fix a time frame for calculation and payment of ...Read More