The dues sought are double the net worth of OIL
Telcos discuss giving January 24 deadline a miss
From the latest on telcos' AGR pleas to Uber's sale of India food delivery business to Zomato, here are the day's top headlines
The apex court's ruling will also have significant repercussions for India's banking sector as well as the country's broader economic outlook: Fitch Ratings
The court, on October 24 last year, had ordered telecom companies to pay their licence fees and spectrum user charges within 90 days. Failure to do so could lead to contempt of court
Tata Tele also moved the apex court seeking an extension of the deadline
The DoT has sought Rs 1.72 trillion in past statutory dues from state-owned gas utility GAIL India Ltd
The closure would mean severe job losses - in a market where job creation is becoming an issue
Industry plans to again ask telecom department for staggered payment option
The government needs to appoint economists in secretary level positions in all ministries for things to improve
MFs have already started to mark-down their debt exposure following S's decision to reject review plea of the telecom companies on AGR dues
While Bharti Airtel stock price scaled a new high due to fresh buying by investors, Vodafone Idea stock was down 25 per cent as hordes of investors exited the counter
No scope for reworking repayment obligations unless there is a default, they say
Experts say not taking markdown can benefit savvy investors that exit exposed schemes
Vodafone Idea is required to pay Rs 53,038 crore to the government as per the Supreme Court order which came in October
Jio is adding 8-9 million customers every month, so hitting the magic number could take 16-18 months
Disappointed with the decision, Bharti Airtel, which is facing an estimated AGR demand of Rs 35,586 crore said it was evaluating filing a curative petition
Bharti Airtel and Vodafone Idea will have to shell out Rs 35,000 crore and Rs 54,000 crore, respectively
An assessment put GAIL liability at Rs 1.72 trillion and that of PowerGrid at Rs 21,000 crore
The apex court said that the telcos were at liberty to file curative petitions against the review petition.