Analysts say restructuring of bank loans under June 7, 2019 norms possible if only promoters agree to bring cash to the table or a new investor
Experts see the telecom sector heading towards duopoly
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Business Standard brings to you a snapshot of stories which made it to the headlines today:
All that happened in the markets today
The company will have to fork out Rs 30,000 crore annually to government as dues for using spectrum
Since the Supreme Court has now decided on a 10-year repayment tenure, it would clearly be a big challenge for Vodafone Idea, which is already steeped in debt
The initial impression is that Vodafone Idea will struggle to manage this level of staggered payments, given that it owes over Rs 58,000 crore
Vodafone Idea shares plunged over 17 per cent, while the stock price of Bharti Airtel surged over 4 per cent on Tuesday
The verdict soured sentiment at banking counters which were factoring-in at least 15 years timeline for the payment of AGR dues
Indian telecom sector moving to a virtual duopoly is not a desirable development
The Supreme Court has allowed telcos to pay their outstanding dues in 10 years.
The Supreme Court has allowed telecom companies to pay their adjusted gross revenue dues dues in 10 years.
The Supreme Court finished hearing the AGR case on August 24, almost a year after its verdict on the definition of the AGR
While the first two rulings on AGR dues could have a lasting impact on incumbent players, the third, on transfer of spectrum by banks could impact fund raising by the telecom sector as a whole
Apart from approving a relaxed payment schedule to pay the dues, SC verdict is also likely to seal the future of Vodafone Idea
Bharti Airtel's Sunil Mittal says that, to his mind, Average Revenue Per User or ARPUs need to hit Rs 300, or double Airtel's current figure, if the industry is to stabilize
From firms eyeing sales turnaround with digital shoppers to Airtel is stretching frontiers of competition, here are top headlines of the day
On the last day of hearing on Monday, the apex court reserves its judgment