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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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Petition Seeks Cancellation Of Centre's Relief To Telcos, Supreme Court Rejects
The Supreme Court has dismissed a PIL seeking cancellation of Centre's decision of September 15, 2021 to grant relief to the stressed telecom sector from paying statutory dues.
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In Relief for Telecoms, Centre Willing To Reconsider Spectrum Charges
The Department of Telecommunications (DoT) has asked the Supreme Court for three weeks time to review its decision to penalise telcos - Airtel and Vodafone Idea - for a delay in paying one-time spectrum charges.
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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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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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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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Supreme Court Lashes Out at Telcos, Says No Reevaluation of AGR Dues Allowed
Supreme Court on Wednesday lashed out at mobile phone operators for self-assessing their outstanding telecoms dues, saying it amounted to a violation of court orders.
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Government Bats For Telecom Firms In Supreme Court Over Payment Of Dues
A 20-year window should be given to telecom firms to pay their AGR dues, the Centre has argued in Supreme Court today, backing the loss-making telcos which have been pushing for more time following a top court order for immediate payment.
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Vodafone Idea Pays Additional Rs 3,354 Crore To Telecom Department As Statutory Dues
The payment comes a day before the Supreme Court is expected to hear the modification plea filed by the telco and other operators.
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Finance Ministry, Telecom, Niti Aayog Officials Discuss Relief Options For Telcos
The meeting discussed what can be done immediately by the government to provide help to the sector to come out of the crisis after paying the huge dues as per SC directions and survive in business, sources said.
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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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If Vodafone Idea Disconnects, India Picks Up The Bill
India faces a multi-billion-dollar hit to its economy and a tarnished reputation as a place for multinationals to invest unless it can keep Vodafone Idea in business. Vodafone Idea, a joint venture between Britain's Vodafone Group Plc and India's Idea Cellular, is the most vulnerable of the mobile carriers ordered on Friday to immediately pay billi...
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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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After Supreme Court Rap, Telcos Ordered To Clear Dues
The government has asked telecom companies to pay their dues by 11.59 pm tonight, Press Trust of India reported on Friday, hours after the Supreme Court's dressing down on unpaid dues.
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Supreme Court Orders Telcos to Clear Dues by March 17, Threatens Contempt
The Supreme Court slammed mobile carriers on Friday for non-payment of billions of dollars in government dues and threatened them with contempt proceedings if they didn't pay up by March 17.
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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.
-
Petition Seeks Cancellation Of Centre's Relief To Telcos, Supreme Court Rejects
The Supreme Court has dismissed a PIL seeking cancellation of Centre's decision of September 15, 2021 to grant relief to the stressed telecom sector from paying statutory dues.
-
In Relief for Telecoms, Centre Willing To Reconsider Spectrum Charges
The Department of Telecommunications (DoT) has asked the Supreme Court for three weeks time to review its decision to penalise telcos - Airtel and Vodafone Idea - for a delay in paying one-time spectrum charges.
-
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.
-
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...
-
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.
-
Supreme Court Lashes Out at Telcos, Says No Reevaluation of AGR Dues Allowed
Supreme Court on Wednesday lashed out at mobile phone operators for self-assessing their outstanding telecoms dues, saying it amounted to a violation of court orders.
-
Government Bats For Telecom Firms In Supreme Court Over Payment Of Dues
A 20-year window should be given to telecom firms to pay their AGR dues, the Centre has argued in Supreme Court today, backing the loss-making telcos which have been pushing for more time following a top court order for immediate payment.
-
Vodafone Idea Pays Additional Rs 3,354 Crore To Telecom Department As Statutory Dues
The payment comes a day before the Supreme Court is expected to hear the modification plea filed by the telco and other operators.
-
Finance Ministry, Telecom, Niti Aayog Officials Discuss Relief Options For Telcos
The meeting discussed what can be done immediately by the government to provide help to the sector to come out of the crisis after paying the huge dues as per SC directions and survive in business, sources said.
-
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.
-
If Vodafone Idea Disconnects, India Picks Up The Bill
India faces a multi-billion-dollar hit to its economy and a tarnished reputation as a place for multinationals to invest unless it can keep Vodafone Idea in business. Vodafone Idea, a joint venture between Britain's Vodafone Group Plc and India's Idea Cellular, is the most vulnerable of the mobile carriers ordered on Friday to immediately pay billi...
-
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...
-
After Supreme Court Rap, Telcos Ordered To Clear Dues
The government has asked telecom companies to pay their dues by 11.59 pm tonight, Press Trust of India reported on Friday, hours after the Supreme Court's dressing down on unpaid dues.
-
Supreme Court Orders Telcos to Clear Dues by March 17, Threatens Contempt
The Supreme Court slammed mobile carriers on Friday for non-payment of billions of dollars in government dues and threatened them with contempt proceedings if they didn't pay up by March 17.
