Page 18 - Adjusted Gross Revenue

Top headlines: SC shocker for telcos, wholesale inflation rises, and more

From SC's rejection of telcos' plea for new schedule for AGR payments to wholesale inflation rises to 3.1% in January, here are the day's top headlines

AGR verdict: Voda-Idea to struggle; but duopoly may not be ideal solution

Supreme Court on Friday rejected the telecom companies' plea seeking new schedule of adjusted gross revenue (AGR) payments.

AGR-hit Vodafone Idea postpones Q3 conference call with analysts

The Supreme Court on Friday directed the top echelons of telecom firms to explain why contempt action should not be taken against them for non-compliance of its AGR order

AGR dues: Risk of duopoly in telecom higher than before, says analyst

Most of the remaining liability is with state-owned BSNL/MTNL and some of the shut/bankrupt telecom companies

Supreme Court orders telcos to clear AGR dues by Mar 17, threatens contempt

The Supreme Court on Friday said the companies and the federal Department of Telecommunications (DoT) were liable for contempt of court

AGR verdict: SBI, IndusInd Bank slip up to 4% as banks stare at NPA pile-up

In general, the exposure of banks to the entire telecom sector ranges between 10% and 30% of their total equity with Yes Bank having the highest exposure of 29% amongst private banks

SC rejects telcos' plea for new schedule for AGR payments, slams DoT

The apex court ordered contempt proceedings against Bharti Airtel and Vodafone Idea

Top events of the day: SC to head pleas on AGR, NIrbhaya case, and more

The Supreme Court Thursday reserved order for Friday on Nirbhaya gang rape and murder case convict Vinay Sharma's plea challenging rejection of his mercy petition by the President

Market Ahead, February 14: Top factors that could guide markets today

A total of 946 companies, including ONGC, Embassy Office Parks REIT, and Fortis Healthcare are scheduled to announce their December quarter earnings today

SC to hear telcos' plea seeking new schedule of AGR payments today

A bench of justices Arun Mishra, S Abdul Nazeer and M R Shah will hear a batch of petitions filed by telecom companies in open court

Vodafone Idea posts Rs 6,439-cr Dec-quarter loss; subscriber base falls 21%

Posts sixth straight quarterly loss in Q3

Advised Manmohan Singh, Pranab Mukherjee against Vodafone tax: Montek

Asked for his assessment of Manmohan Singh as PM, Ahluwalia said the view he was weak and vacillating was unfair

Vodafone Idea reports consolidated loss of Rs 6,438.8 cr in Dec quarter

The quarterly results come as Vodafone Idea and other Indian telecom firms are pressured by government demands to pay $13 billion in overdue levies in a long-contested dispute

Market Ahead, February 13: All you need to know before the Opening Bell

Almost 615 companies, including BPCL, Page Industries, Nestle India, and Apollo Hospitals Enterprise, are scheduled to announce their December quarter results today

Telecom dept may send AGR demand letters to Airtel, Voda-Idea next week

Move likely if telcos' plea not taken up by SC

Bharti Airtel not to bid at 5G auctions over high prices, says CEO Vittal

On the operational front, its average revenue per user rose from Rs 128 in the September quarter to Rs 135

Have sought 10 years to pay AGR principal amount, says Vodafone CEO

VIL is actively seeking various forms of relief from the Centre

AGR not part of Budget 2020: Spectrum auction at base price could fill in

Clearly the government is pinning its hope very highly on the mega success of the spectrum auction

Bharti Airtel posts Rs 1,035-cr Dec-quarter loss; revenues, ARPU improve

This is the third quarterly loss in a row for the firm; revenues, ARPU improve

Budget 2020 has not accounted for telcos' AGR dues: DEA secretary

But receipts from firms stand at a whopping Rs 1.33 trillion for FY21