Page 16 - Adjusted Gross Revenue

Voda Idea: As threat of closure looms, Kumar Mangalam Birla meets DoT secy

Sources said a Cabinet meeting scheduled for Wednesday would discuss the telecom issue

UTI MF, Nippon India MF side pocket Vodafone Idea exposure of Rs 413 cr

In December 2018, regulator Sebi had permitted mutual funds to create segregated portfolios, or side-pocketing, with respect to debt and money market instruments

Vodafone Idea default can raise India's fiscal deficit by 40 bps

The social impact of this could be worse as 300 million subscribers may face the annoyance of network shutdown and churn

Top 10 biz headlines: Vodafone Idea on the brink, Mistry moves SC, and more

In a day of twists and turns, the government received Rs 14,697 crore from three companies out of the telecom sector's total dues linked to adjusted gross revenue estimated at Rs 1.47 trillion

Care downgrades rating on Vodafone Idea's long term bank facilities, NCDs

It also takes cognizance of recent losses suffered by the company in the quarter ended December

Will wait to hear from telecom department on AGR issue: FM Sitharaman

The ministry will look into startups' concerns on the applicability of easing ESOP norms

Airtel, Voda Idea make part payment; DoT mulls encashing bank guarantees

While Airtel paid Rs 10,000 crore, Vodafone Idea Ltd put in Rs 2,500 crore and promised to pay another Rs 1,000 crore before the end of the week

After SC AGR ruling, Tata Tele pays Rs 2,197 cr, Voda Rs 2,500 cr to govt

Earlier, Bharti Airtel made payment of Rs 10,000 crore to DoT towards statutory dues

Banks bracing up for a massive spike in stressed loans after SC AGR order

Say loans may not immediately turn into bad debt, but a big chunk of it eventually could

Payment of AGR dues to slash fiscal deficit to 3.5% in FY20: SBI economists

According to the revised budget estimates, the government expects a fiscal deficit of 3.8 per cent in 2019-20

Telecom AGR dues: RBI closely monitoring developments, says Governor Das

In an interview with PTI, Das said so far no red flags have been raised but the central bank continues to monitor the situation closely

I believe SC's AGR ruling does not apply to non-telecom PSUs: Pradhan

Oil Minister Dharmendra Pradhan on Monday said he believes non-telecom PSUs are not covered by the Supreme Court order that asked telecom licence holders to pay statutory dues after including non-telecom revenues. Following the October 24 Supreme Court ruling that non-telecom revenues of telecom firms such as Bharti Airtel and Vodafone Idea should be included for considering payments of government dues, the telecom department sought Rs 1.83 lakh crore from gas utility GAIL India Ltd, about Rs 48,500 crore from OIL, Rs 21,953.65 crore from Power Grid Corp and Rs 15,020 crore from Gujarat Narmada Valley Fertilizers & Chemicals Ltd. The government's demand from such companies was many times more than their net worth. "The Department of Telecommunications (DoT) has served notice to government oil companies due to some communication gap. We have placed our side after doing all legal consultations," Pradhan told reporters here. He went on to state that neither of the public sector ...

Telcos' AGR dues: Will decide after hearing from DoT, says FM Sitharaman

Addressing a press conference in Bengaluru, Sitharaman said: "In light of court's orders, the department is engaging with telecom companies after the reviews and I will wait to hear from the dept"

Vodafone Idea erases morning gains, ends flat after SC refuses its proposal

The Supreme Court had on Friday dismissed the petitions of Bharti Airtel and Vodafone Idea seeking a staggered option to pay their AGR-related dues

SC refuses to accept Vodafone Idea's proposal to pay Rs 2,500 cr by today

A bench headed by Justice Arun Mishra declined to accept the proposal given by senior advocate Mukul Rohatgi, appearing for Vodafone

Bharti Airtel makes payment of Rs 10,000 crore to DoT towards AGR dues

The company said it will make payment of the balance amount after self assessment exercise

AGR verdict: Data could be the new Onion, Mr Ravi Shankar Prasad

The need of the hour could be to let Vodafone-Idea continue with the business providing them an extended rope to make the payments over a period of time, than to kill the "goose"

Market Ahead, February 17: Top factors that could guide markets this week

According to report, telecom operators Bharti Airtel, Vodafone Idea and Tata Teleservices are likely to make payment for the adjusted gross revenue dues today

Top events of the day: Telcos to pay AGR dues, Coronavirus, and more

Bharti Airtel, Voda Idea and Tata Teleservices are jointly liable to pay dues of over Rs 1 trn, but they have informed the DoT of making only partial payment, according their to representatives.

Best of BS Opinion: Trump's India visit, SC blow on AGR dues, and more

From Trump's first India visit after Senate acquittal to SC blow on AGR dues, here are the opinion pieces of the day.