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Telecom package could dent sector inflows by Rs 26K cr

Telecom package could dent sector inflows by Rs 26K cr

🕔19:41, 16.Sep 2021

New Delhi, Sep 16  Government’s telecom sector package could put pressure of country’s fiscal health in FY22 with expectation of wider slippages on the deficit. The government is targeting fiscal deficit of 6.8 per cent of GDP in FY22, a

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Telcos to get relief in AGR payment

Telcos to get relief in AGR payment

🕔15:00, 15.Sep 2021

New Delhi, Sep 15 (IANS) The Union Cabinet on Wednesday approved a telecom relief package with relaxation in terms of adjusted gross revenue (AGR) payment, sources said. According to people in the know, the Cabinet has approved the moratorium of four

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No relief to embattled telecom sector

No relief to embattled telecom sector

🕔14:06, 14.Sep 2021

New Delhi, Sep 14 (IANS) There is no relief for the embattled telecom sector and some of the new proposed packages of measures may only be applicable for dues of future periods. The only area where the sector gets some ‘relief’

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Telcos complain of errors in AGR calculations, SC cites no re-assessment order

Telcos complain of errors in AGR calculations, SC cites no re-assessment order

🕔20:17, 19.Jul 2021

New Delhi, July 19  The issues with calculation of Adjusted Gross Revenue (AGR) dues are far from over. The Supreme Court on Monday said it would pass order on applications filed by telcos — Vodafone Idea, Bharti Airtel, and Tata

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Telcos cannot raise any dispute over AGR dues

Telcos cannot raise any dispute over AGR dues

🕔06:57, 9.Apr 2021

New Delhi, April 9  The Department of Telecommunications (DoT) has issued directions that in respect of AGR dues, there shall be no reassessment, nor the telecom operators be allowed to raise any disputes. The DoT issued the directions through an

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Vodafone Idea board to mull raising funds post AGR verdict

Vodafone Idea board to mull raising funds post AGR verdict

🕔15:01, 2.Sep 2020

New Delhi, Sep 2  The Board of Directors of Vodafone Idea Ltd (VIL) will meet on Friday to discuss and evaluate proposals for raising funds in one or more tranches through public issue, issue of equity shares or securities among

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Vodafone Idea shares plunge 17%, Airtel up 4% post AGR verdict

Vodafone Idea shares plunge 17%, Airtel up 4% post AGR verdict

🕔16:33, 1.Sep 2020

Mumbai, Sep 1  Vodafone Idea shares plunged over 17 per cent, while the stock price of Bharti Airtel surged over 4 per cent on Tuesday after the Supreme Court said that the telecom operators will have to clear their dues

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Telcos get 10 years to clear AGR dues, 1st instalment of 10% by March 2021

Telcos get 10 years to clear AGR dues, 1st instalment of 10% by March 2021

🕔15:50, 1.Sep 2020

New Delhi, Sep 1  The Supreme Court on Tuesday granted 10 years to telecom companies to clear their respective adjusted gross revenue (AGR) dues and also directed them to deposit the first instalment of 10 per cent by March 31,

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In big relief, Centre to withdraw 96% of AGR dues of PSUs

In big relief, Centre to withdraw 96% of AGR dues of PSUs

🕔18:23, 18.Jun 2020

New Delhi, June 18  The Centre on Thursday informed the Supreme Court it is willing to withdraw 96 per cent of the Rs 4 Lakh crore dues pending against various PSUs in the adjusted gross revenue (AGR) matter. Solicitor General

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AGR: Vodafone Idea pays Rs 3,354 cr, says principal amount paid

AGR: Vodafone Idea pays Rs 3,354 cr, says principal amount paid

🕔07:12, 17.Mar 2020

New Delhi, March 17  Vodafone Idea has said that it has cleared the principal amount towards AGR dues as it paid Rs 3,354 crore to the Department of Telecommunications (DoT) on Monday. The payment comes a day ahead of the

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Telcos paid Rs 15,896 cr on AGR, Rs 1.30 lakh cr remaining: Govt

Telcos paid Rs 15,896 cr on AGR, Rs 1.30 lakh cr remaining: Govt

🕔07:58, 5.Mar 2020

New Delhi, March 5 The government has received Rs 15,896.5 crore payment from telecom companies towards AGR liabilities, with dues of Rs 1,30,440.4 crore remaining, Parliament was told on Wednesday. Responding to a question if the government intends to propose

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Govt gets Rs 23,701 cr AGR; Airtel pays total Rs 18k cr

Govt gets Rs 23,701 cr AGR; Airtel pays total Rs 18k cr

🕔20:26, 29.Feb 2020

New Delhi, Feb 29  The Government has received Rs 23,701 crore so far as AGR dues till Saturday with the latest payment of Rs 8004 crore by Airtel in its second instalment. Bharti Airtel on Saturday made additional payment of

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Govt gets Rs 15,700 cr AGR, to send notice for remainder

Govt gets Rs 15,700 cr AGR, to send notice for remainder

🕔06:44, 21.Feb 2020

New Delhi, Feb 21  The government has received Rs 15,697 crore in AGR dues as on Thursday with the latest payment of Rs 1,000 crore by Vodafone Idea. While Bharti Airtel paid Rs 10,000 crore on Monday, Vodafone Idea paid

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