Page 48 - Vodafone Idea

SC's AGR order: Airtel, Vodafone Idea likely to file review petition

A government Secretaries' panel is looking at providing relief to telcos through levy reductions in licence fee and the USO Fund

Top 10 biz headlines: GDP growth estimates, Vodafone woes, and more

From govt's Rs 25,000-cr realty fund to Videocon case, here are the top ten business headlines for the day

Vodafone CEO says India venture is at risk of collapse after AGR ruling

Vodafone Group CEO wants a two-year delay on spectrum payments and lower license fees

Won't pump more capital in India until provisions change: Vodafone to govt

Vodafone entered the market in 2007 via a multibillion-pound acquisition

Vodafone Idea launches REDX postpaid plan with up to 50% faster data speed

The offering is priced at Rs 999 per month with a minimum commitment of six months.

No relief in sight for telcos: Govt may not waive $13-billion AGR dues

The government's stand about the health of the industry mirrors comments made by billionaire Mukesh Ambani's Reliance Jio Infocomm Ltd., which has said it has a 'divergent view' from its rivals

AGR ruling: Reliance Jio advises Airtel, Voda Idea how to raise money

India's top court had last month ordered Bharti and Vodafone Idea to pay Rs 499.9 billion

Troubles faced by the telecom sector can rub-off onto mutual funds

Yields on debt instruments of Vodafone Idea rise following SC ruling

AGR ruling: COAI ignores Jio's protest; seeks full waiver of telcos' dues

The Supreme Court on October 24 upheld the government's position on including revenue from non-telecommunication businesses in calculating the annual gross revenues of telecom companies

India is running its telecom companies aground to fill a budget hole

High fees, frequent policy flip-flops, endless tax demands from an unsympathetic bureaucracy that treated carriers as cash cows have driven most telecom operators aground.

Vodafone denies India market exit rumour, says actively engaging with govt

The statement further noted that Vodafone is actively engaging with government and they are fully supportive of their local management as they continue to manage the joint venture

The telecom turmoil

Govt should address some fundamental issues

Jio says Voda Idea, Airtel have enough funds to pay dues, opposes bailout

The company rapped the Cellular Operators' Association of India for writing to the government on financial distress in the sector

Voda Idea shares fall on rating downgrade, pare losses to end 2% higher

The stock slumped 13.12 per cent to its 52-week low of Rs 3.31 apiece on BSE

AGR verdict: Reliance Jio says telcos have sufficient capacity to pay dues

It also slammed the Cellular Operators Association of India for writing ex-parte to the government on the financial distress in the sector

Jio in letter war with COAI over telecom stress

Based on current data, analysts said Bharti Airtel had enough opportunity to monetise and pay the AGR dues

Telecom stocks in focus: Voda Idea hits record low, Bharti Airtel dips 1%

In another development, Reliance Jio on Wednesday attacked incumbent operators, saying it disagreed with "the threatening and blackmailing tone" of the COAI's letter against the SC's judgement on AGR

CARE downgrades rating on Vodafone Idea's loans in view of SC's AGR verdict

The ratings continue to be tempered by high debt level, declining subscriber base trends, regulatory risks and prevalent intense competition in the Indian telecom industry

CARE downgrades rating on Vodafone Idea's NCDs, long-term bank facilities

Earlier on Wednesday Fitch Ratings placed Bharti Airtel Ltd on 'rating watch negative' over unpaid regulatory dues arising from a recent Supreme Court ruling

Didn't seek any debt revamp, paying dues on time, clarifies Vodafone Idea

'We continue to pay all our debts as and when these fall due,' the Vodafone Idea spokesperson said