Tata Tele also moved the apex court seeking an extension of the deadline
Bharti Airtel, Vodafone Idea Ltd, Tata group want to negotiate with telecom department on the timeframe for paying dues
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 Supreme Court on Thursday dismissed review petitions of top telecom firms including Bharti Airtel and Vodafone Idea seeking review of its earlier order asking them to pay Rs 1.47 trillion
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
The rules around curative petition are fairly tight as the petitioner has to establish that there was a genuine violation of principles of natural justice, say analysts
The partnership will enable Amazon.in customers to choose their nearest Vodafone store as a pick-up point to collect their packages at a convenient time
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
Vodafone's RedX is for the traveller with high entertainment needs, while Airtel's plan is for the more value-conscious customer
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
Sources said both Airtel and Vodafone have also joined ZTE, Nokia and Ericsson, apart from Huawei, for conducting the 5G trials
The 5G trials are widely-expected to begin between January and March
Bharti Airtel had, last month, told the exchange that it has deferred the September quarter result announcement till November 14, due to the adjusted gross revenue (AGR) issue.
The industry has been seeking relief on penalty and interest on the AGR dues while asking for a staggered payment format