Page 9 - Vodafone

Prasad hits out at Vodafone for 'dictating' terms to India on AGR ruling

He also said Mahanagar Telecom Nagar Ltd and Bharat Sanchar Nigam Ltd are strategic assets that should remain in the fray and ensure better competition

Tariff hikes likely to double telcos operating profit in FY21: Report

The Supreme Court order on the AGR puts a burden of Rs 1.47 lakh crore on the industry that has been bleeding for years and sitting on a debt pile of close to Rs 4 lakh crore

Facing competition, telcos ask Trai to set up floor price for data tariffs

COAI represents India's telecom service providers and network vendors excluding state-run Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL)

Surge in telecom stock over tariff hikes, Rs 33k cr added in m-cap

Over 146 crore shares of Vodafone Idea were traded on the NSE and more than 11 crore on the BSE

Why MNCs are changing their India tune

The reasons are myriad - maturing of markets, change in business strategy -but there is a clear indication that global firms are not willing to tolerate any more slack in India

Tariff hike may cause slower net user addition for telcos: BofA-ML report

Earlier this week, Reliance Jio, Airtel and Vodafone all announced tariff hikes to be effective from next month

Top 10 biz headlines: Telcos to hike tariffs, Budget 2020, and more

From NHAI issuing land bonds to Tata Steel's jobs cuts, here are the top 10 business headlines for the day.

Financial reforms like regulating co-op banks coming in winter session: FM

At present, bank depositors get an insurance cover of Rs 1 lakh on their amount by the Deposit Insurance and credit Guarantee Corporation

Vodafone pleads for govt relief after posting worst quarterly loss in India

Saddled with $14 billion of net debt, Vodafone Idea is fighting for survival after India's top court last month ordered it to pay fees the government said were due from prior years

After biggest quarterly loss, Vodafone Idea seeks AGR relief from govt

The finance ministry won't back down from collecting the amount, which needs to be paid within three months as per the court order

AGR woes: Bharti Airtel, Voda Idea post a combined Rs 74,000-cr loss in Q2

Vodafone Idea and Airtel have made provisions for their liabilities arising from the Supreme Court order in their latest September quarter results

Voda Idea posts Rs 50,900-cr loss in Q2, the biggest in India Inc history

Saddled with $14 billion of net debt, Vodafone Idea is fighting for survival after India's top court last month ordered it to pay additional fees the government said were due from prior years

If Vodafone actually quits, India will be the bigger loser

The govt must take a call at the highest level at the earliest, treating Vodafone's exit call with all the seriousness that it deserves

Vodafone's India JV with Idea in a precarious situation, says HSBC

"The JV in India is clearly in a precarious situation following the Supreme Court's AGR-related fine," HSBC said

Market Ahead, Nov 13: Top factors you need to know before the Opening Bell

Vodafone Idea will be in focus today after the firm's global CEO Nick Read said the group's Indian venture may be headed for liquidation unless the government lower license fees

AGR verdict: Vodafone's future in India uncertain amid setback, says CEO

Read said Vodafone was not committing any more equity to India and the country effectively contributed zero value to the company's share price

Top headlines: Vodafone India biz, President's rule in Maharashtra & more

From 5G spectrum auction to Maharashtra politics, here are the top news stories that made headlines today

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

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

Price war in India's telecom market: Vodafone may suffer $1.1-bn writedown

Vodafone Chief Executive Officer Nick Read is trying to keep shareholders onside following a dividend cut by focusing on Europe and Africa, where he sees the best chance of defending profits

Telcos' AGR dues: CoS meets over bailout; DoT working on demand notices

The demand notices will be issued in next two weeks after an assessment in light of the court order is done