Page 48 - Bharti Airtel

Fund managers bought Bharti Airtel, sold Reliance Industries in January

Large-cap holdings of equity MFs saw significant churn at the start of the new calendar year. Fund managers upped their wager on Bharti Airtel

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

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"

Top headlines: Moody's India growth forecast, SC rejects Voda Idea's plea

From ONGC hitting lowest levels since Oct 2008 to Air India's disinvestment, here are the top headlines for the day

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.

Without Voda Idea, Vodafone Group will become smaller than Airtel and Jio

Based on Statista data for 2019, Vodafone has 17.2 million subscribers in the UK, 29.5 million in Germany, and over 13.7 million in Spain

Dispute between DoT and telcos over AGR definition took turn in 2007

In 2007-8, Telecom Disputes Settlement and Appelate Tribunal had narrowed the scope of AGR. Following this, the then UPA government went into an appeal

AGR dues: After SC denies relief, is it the end of road for Vodafone Idea?

Cumulatively, the company has lost nearly Rs 45,000 crore in the last four quarters, eroding its net worth to its lowest level in three-year

AGR dues: DoT asks telecom operators to pay up as SC breathes fire

Telecom operators ignore midnight deadline; Bharti to pay Rs 10,000 cr by Feb 20; Voda Idea still silent

Tata Sons to take Rs 74,000 cr hit on group's foray into telecom biz

Holding firm to pick up Rs 14,000 cr AGR tab of Tata Tele, which only has Rs 200 cr of cash surplus as on Dec 2019

AGR order: Why Jio is set to gain more than Airtel as Voda faces collapse

Vodafone has 304 million subscribers of which 45 per cent are data subscribers

AGR case: DoT officer who faced SC's wrath issued order after senior's nod

He had issued an order saying no coercive action should be taken to recover Adjusted Gross Revenue (AGR) dues from telecom firms after expiry of the deadline set by the apex court

Airtel offers to pay Rs 10,000 cr by Feb 20, rest before next hearing date

Airtel owes nearly Rs 35,586 crore, including licence fee and spectrum usage charge, to the government

AGR order: After SC rap, DoT asks telcos to clear dues by midnight

The DoT, which faced the ire of the Supreme Court for putting on hold recovery of dues from telecom companies, started issuing circle or zone-wise demand notices to firms, an order seen by PTI said

Not approached by any telco to finance AGR dues, says SBI chairman

The payments to be made by the companies include Rs 53,000 crore by Vodafone Idea, Rs 35,500 crore by Bharti Airtel and Rs 14,000 crore by the now defunct Tata Teleservices

Market Wrap, Feb 14: Sensex falls 202 pts post AGR verdict

Among telcos, Vodafone Idea tumbled over 23 per cent to Rs 3.44 apiece on the BSE post the AGR verdict

AGR dues: DoT withdraws order seeking no coercive action against telcos

The department's move came after the Supreme Court directed the managing directors and directors of telcos and other firms to explain why contempt action be not taken against them