Page 14 - Adjusted Gross Revenue

Telecom industry body writes to govt seeking breather for crisis-hit sector

COAI's letter comes at a time when Vodafone Idea has reportedly made it clear to the govt that it won't be able to pay court mandated AGR dues in their entirety, unless a bailout is extended

AGR dues: COAI seeks easier payment terms for telcos, cut in licence fee

Vodafone Idea has reportedly made it clear to the government that it won't be able to pay court-mandated AGR dues in entirety, unless a bailout is extended immediately

Market Ahead, February 27: Top factors that could guide markets today

Adding to the cautious mood on the Dalal Street will be the expiry of the February series derivative contracts today and the release of the Q3 GDP data tomorrow

Telecom Dept looking into issues related to AGR payment: Sitharaman

Following the SC order on the AGR of telcos, industry honchos Sunil Bharti Mittal and Kumar Mangalam Birla had met the finance minister

AGR: Bharti Airtel has capacity to withstand $5 bn payout, says Moody's

Bharti recorded a Rs 35,300 crore ($5 billion) liability for past-due AGR fees

Unease of doing business

The battle between the government and the telecom companies over how their adjusted gross revenues (AGR) should be calculated has gone on for several years.

Deloitte India makes presentation to telecom department on AGR dues

Tata Sons Chairman N Chandrasekaran meets Ravi Shankar Prasad to discuss the issue

AGR crisis: Tata Sons chief meets telecom minister over Rs 14,000 cr dues

Emerging from the meeting which lasted for over 30 minutes, Chandrasekaran declined to comment on the details of his discussion

Non-telecom PSUs to take common legal recourse for AGR: GAIL chairman

GAIL lines up Rs 1 trillion capex for next five years

Telecom companies to submit self-assessment documents on AGR maths

However, no deadline has been given to companies to submit the supporting documents

AGR dues: DoT seeks Rs 7,608 cr from GAIL for FY18, doesn't press for full

The telecom department had previously estimated past dues to the tune of Rs 1.83 trillion, but it does not seem to be pressing for immediate full payment from the state-owned gas utility

Govt asks telcos to submit supporting documents on AGR self-assessment

The DoT wants to ensure that the court-mandated criteria is being followed by companies in computing their AGR dues, the source added

AGR: Nobody wants to kill telecom sector, says SBI's Rajnish Kumar

There has been a flurry of meetings in the national capital between senior official of the telecom firms and the government over the past week

Market Ahead, February 24: Top factors that could guide markets this week

While investors will continue to monitor developments on the coronavirus front, the release of India's December quarter GDP numbers on Friday will be another top trigger for the markets

The AGR case is a triumph of bureaucratic obstinacy over good sense

While it raises the larger question of the Court's role on matters that have a major impact on the economy, much of the blame also lies with the govt for poor handling of the issue

The telecom mess

If the sector turns into a duopoly (ignoring the struggling BSNL-MTNL combine for the moment), Airtel and Jio will find it hard to absorb the 300-million-plus VIL customers who will have to be ported.

AGR issue: Top FinMin, NITI, DoT officials talk relief measures for telcos

The telecom department officials remained tightlipped after the high-level meeting on Sunday

DoT's test checks on telcos AGR dues standard audit procedure: COAI

Cellular Operators' Association of India (COAI) also cautioned that any decision to encash bank guarantees will be "disastrous" for the telecom industry, which only has three private players

Drill oil but dial telecom

Inclusion of non-telecom income in the overall calculation means the higher the oil price, the bigger the AGR share of the government

Govt officials meet to discuss relief measures for AGR-hit telecom industry

Telecom department officials remained tightlipped after high-level government meeting on Sunday, where officials from NITI Aayog and Finance Ministry are said to have been present