Page 6 - Adjusted Gross Revenue

'It's a double whammy': Telcos want govt to waive service tax on AGR

Service tax demand can go up to Rs 20,000 crore

AGR case: Supreme Court puts spectrum users in the dock on IBC firms' dues

Such telcos should pick up AGR bill, says apex court

AGR case: Supreme Court fears bankruptcy proceedings may consume dues

Justice Mishra observed under the IBC spectrum trading was different from spectrum sale

SC 'worried' that AGR dues will be wiped out in telcos' insolvency process

'Without paying for the horse, telecos are taking a ride,' says court about bankrupt companies.

AGR case: Liquidation the only option without spectrum sale, RCom tells SC

Senior advocate Harish Salve, who represents RCom and its committee of creditors, said it will be forced to go into liquidation if spectrum sale not allowed

AGR case: Telecom companies can use spectrum but not own it, says SC

Jio tells court it has paid Rs 195 crore dues

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AGR case: Spotlight on treatment of public resources under IBC framework

The lawyers representing the insolvent telecom companies have held that they never claimed spectrum as an asset

Jio tells SC it paid Rs 195 cr as AGR dues, including for spectrum sharing

It said there is no question of one operator paying the Adjusted Gross Revenue (AGR) related dues of another firm, as suggested by the apex court earlier, and it has cleared all its dues

SC seeks govt view on Reliance Jio's liability for RCom's AGR dues

Reliance says no legal basis for payment; the next hearing in the matter has been adjourned till August 19

AGR case: Give airwave details of bankrupt telecom firms, says SC

Seeks spectrum-sharing info from RCom, Aircel, Videocon

AGR case: SC seeks details of spectrum sharing between RCom, Reliance Jio

Spectrum is a government property, not private, and anyone using it is liable to pay the dues, the apex court said

MARKET: Sensex slips 433 pts ahead of AGR hearing; Nifty Bank down over 2%

All that happened in the markets today

Telecom stocks trade flat ahead of today's SC hearing on AGR payments

In its last hearing, the SC had asked the Centre to prepare a plan for recovering AGR dues from bankrupt telecom operators

SBI moves SC in AGR case, says interests of DoT will be protected

Representing RComm, SBI said that the amount payable under a resolution plan shall be paid on priority to operational creditors over financial creditors

Tata group seeks financial partners to bid for crisis-hit Air India

Last date for submitting EoIs for Air India is August 31

SC asks Centre to prepare plan for recovering AGR dues from bankrupt telcos

Justice Arun Mishra said: "We want to go into the cause for initiation of insolvency against telcos under the IBC."

SC asks DoT to apprise how it will recover AGR dues from bankrupt telcos

DoT told the top court that their stand is that the spectrum cannot be sold by the telecom companies facing insolvency proceedings as it not their property

AGR: SC asks govt to chalk up plan to recover dues from bankrupt telcos

Apex court observed that the government may be unable to recover dues from bankrupt firms; adjourns hearing to August 14

MARKET WRAP: Sensex gains 142 pts, Nifty ends at 11,270; pharma stocks zoom

All that happened in the markets today