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Setback For Telecom Firms, Top Court Rejects Plea On Adjusted Gross Revenue
The Supreme Court on Wednesday rejected telecom companies' plea to re-compute adjusted gross revenues, or AGRs, amid a long-standing dispute over payment of dues to the government.
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Top Court Orders Not To Invoke Airtel Bank Guarantees For Videocon AGR Dues
"The DoT shall not invoke the bank guarantee of Respondent...(Bharti Airtel) for the period of three weeks from today," a bench comprising justices L Nageswara Rao, S Abdul Nazeer and M R Shah said in its order.
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Airtel Bank Guarantees With Centre Safe For 3 Weeks In Videocon Dues Case
In a temporary relief for Bharti Airtel, the Supreme Court today told the government to not encash the telecom giant's bank guarantees for three weeks over not paying Videocon's dues.
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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 Exempts Jio, Airtel Of Rs 40,000 Crore Dues Owing To Spectrum Sharing
The exemption, however, deals specifically with the shared spectrum used by companies and does not include their original dues
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Vodafone Idea Crashes 20%, Airtel, RCom Stocks Edge Higher On AGR Verdict
Vodafone Idea Limited which owes more than Rs 50,000 crore in AGR-related dues had sought 15 years to pay its part
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Supreme Court To Decide On Timeline Of Payment Of AGR Dues Today
On July 20, a three-judge bench of SC had reserved its order on the timeline for staggered payment of dues
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Supreme Court Seeks Details From Telecom Department On Dues Of Firms Sharing Spectrum
AGR Case: The Supreme Court was hearing a batch of petitions seeking staggered payment of dues to the tune of around Rs 92,000 crore to the government by various telecom companies.
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"Telecom Companies Taking A Ride Without Paying For The Horse": Supreme Court On AGR Dues
Commenting on telecom companies under insolvency, the top court said it is -extremely worried- that almost the entire AGR dues will be wiped out
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Paid Rs 195 Crore AGR-Related Dues, Reliance Jio Tells Supreme Court
On August 14, the top court had sought the details of spectrum sharing pact between RCom and Jio
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Supreme Court Seeks Details Of RCom, Jio Spectrum Sharing Pact
The bench also asked the Department of Telecom to file the requisite documents in the matter
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In Telecom Dues Case, Lawyer's Folded-Hands Appeal In Top Court: 10 Facts
Former Attorney General Mukul Rohatgi today appealed to the Supreme Court with folded hands, asking it to grant at least 15 years to telecom companies to clear their dues with the government. The court had earlier warned of strong action for wrongdoing, saying it may send them "directly to jail". The loss-making telcos had initially asked for a 20...
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Vodafone Idea Posts Rs 73,878 Crore Loss In 2019-20, Highest-Ever By An Indian Company
The company has to pay Rs 51,400 crore dues after the Supreme Court ordered the non-telecom revenues to be included in calculating statutory dues.
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"Telecom The Only Sector Making Money During COVID-19 Crisis:" Top Court
Dispute centers around the definition of adjusted gross revenue. Telecom companies pay a percentage of their revenues as license fee to government.
-
Setback For Telecom Firms, Top Court Rejects Plea On Adjusted Gross Revenue
The Supreme Court on Wednesday rejected telecom companies' plea to re-compute adjusted gross revenues, or AGRs, amid a long-standing dispute over payment of dues to the government.
-
Top Court Orders Not To Invoke Airtel Bank Guarantees For Videocon AGR Dues
"The DoT shall not invoke the bank guarantee of Respondent...(Bharti Airtel) for the period of three weeks from today," a bench comprising justices L Nageswara Rao, S Abdul Nazeer and M R Shah said in its order.
-
Airtel Bank Guarantees With Centre Safe For 3 Weeks In Videocon Dues Case
In a temporary relief for Bharti Airtel, the Supreme Court today told the government to not encash the telecom giant's bank guarantees for three weeks over not paying Videocon's dues.
-
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 Exempts Jio, Airtel Of Rs 40,000 Crore Dues Owing To Spectrum Sharing
The exemption, however, deals specifically with the shared spectrum used by companies and does not include their original dues
-
Vodafone Idea Crashes 20%, Airtel, RCom Stocks Edge Higher On AGR Verdict
Vodafone Idea Limited which owes more than Rs 50,000 crore in AGR-related dues had sought 15 years to pay its part
-
Supreme Court To Decide On Timeline Of Payment Of AGR Dues Today
On July 20, a three-judge bench of SC had reserved its order on the timeline for staggered payment of dues
-
Supreme Court Seeks Details From Telecom Department On Dues Of Firms Sharing Spectrum
AGR Case: The Supreme Court was hearing a batch of petitions seeking staggered payment of dues to the tune of around Rs 92,000 crore to the government by various telecom companies.
-
"Telecom Companies Taking A Ride Without Paying For The Horse": Supreme Court On AGR Dues
Commenting on telecom companies under insolvency, the top court said it is -extremely worried- that almost the entire AGR dues will be wiped out
-
Paid Rs 195 Crore AGR-Related Dues, Reliance Jio Tells Supreme Court
On August 14, the top court had sought the details of spectrum sharing pact between RCom and Jio
-
Supreme Court Seeks Details Of RCom, Jio Spectrum Sharing Pact
The bench also asked the Department of Telecom to file the requisite documents in the matter
-
In Telecom Dues Case, Lawyer's Folded-Hands Appeal In Top Court: 10 Facts
Former Attorney General Mukul Rohatgi today appealed to the Supreme Court with folded hands, asking it to grant at least 15 years to telecom companies to clear their dues with the government. The court had earlier warned of strong action for wrongdoing, saying it may send them "directly to jail". The loss-making telcos had initially asked for a 20...
-
Vodafone Idea Posts Rs 73,878 Crore Loss In 2019-20, Highest-Ever By An Indian Company
The company has to pay Rs 51,400 crore dues after the Supreme Court ordered the non-telecom revenues to be included in calculating statutory dues.
-
"Telecom The Only Sector Making Money During COVID-19 Crisis:" Top Court
Dispute centers around the definition of adjusted gross revenue. Telecom companies pay a percentage of their revenues as license fee to government.
