Two of India’s biggest telecom companies, Vodafone Idea and Airtel, seem to have run out of talk time. India’s Supreme Court, in a brutally delivered lashing to the companies&rsq… Read More
The Department of Telecom (DoT) received its first Adjusted Gross Revenue (AGR) payment today, with Bharti Airtel paying Rs. 10,000 (around $1.5 billion) crores of its outstanding AGR dues t… Read More
Mumbai: Vodafone Idea (VIL) missed the July 15 deadline to pay over Rs 1,200 crore to the Department of Telecommunications as licence fee and spectrum usage charges for April-June, a senior… Read More
New Delhi: The Supreme Court today asked if Jio can be held liable for RComm’s AGR dues when they are generating revenue from shared spectrum. The government has informed the court tha… Read More
The Supreme Court docket on Monday asked the governing administration to explain why Reliance Jio, which is earning revenue by sharing Reliance Communication’… Read More
Reliance Jio instructed the Supreme Court docket on Tuesday that it has previously paid Rs 195 crore in AGR-linked dues which included spectrum sharing demand of Re… Read More
Expressing problem about non-payment of the Modified Gross Revenue (AGR) linked dues by the telecom corporations which are less than insolvency, the Supreme Courtro… Read More
New Delhi | Mumbai: The Supreme Court said phone companies that have used the spectrum of ailing ones such as Reliance Communications, Aircel and Videocon would have to pay their adjusted gr… Read More
New Delhi: The Supreme Court today reserved its judgement in the matter regarding duration for staggered payment of adjusted gross revenue (AGR) related dues by telecom giants including Voda… Read More
Immediately after many rounds of hearings and a calendar year later on, the Supreme Court has reserved its judgment on the modified gross revenue (AGR) circumstance… Read More
NEW DELHI: Telecom operators’ human body COAI has approached the finance ministry trying to find waiver of provider tax on adjusted gross revenue (AGR) dues to be paid out to the gover… Read More
(Representative image)
NEW DELHI: Telecom operators‘ body COAI has approached the finance ministry seeking waiver of service tax on adjusted gross revenue (AGR) dues to be paid t… Read More
The telecom market is eagerly awaiting Supreme Court docket judgement on the altered gross revenue, predicted this week. Apart from according its assent to a peacef… Read More
MUMBAI: The Supreme Court is expected to pronounce a crucial verdict today (Tuesday) on the payment timelines of the adjusted gross revenue (AGR) dues of over Rs 1.6 lakh crore, a ruling whi… Read More
The Supreme Courtroom on Tuesday authorized the corporations to clear their adjusted gross revenue (AGR) dues in 10 a long time and get started by building an upfro… Read More
New Delhi, Sep 1 (PTI) The relatively shorter timeframe granted to telcos for payment of AGR dues will exert additional pressure on the cash flows, necessitates “sizeable” A… Read More
Shares of Bharti Airtel climbed 2 for each cent to Rs 559 on the BSE on Wednesday, rallying 9 for every cent in the previous two investing times soon after the Supreme Court docket allowed… Read More
As the Supreme Courtroom permitted telecom operators 10 years for staggered payment of modified gross revenue (AGR)-associated dues, Vodafone Strategy said its boar… Read More
Telecom operators, which include Bharti Airtel and Vodafone Plan, which have pending altered gross revenue dues will have to spend 10 for every cent of the complete… Read More
NEW DELHI: Shares of Vodafone Strategy dropped 7 for every cent in Tuesday’s trade immediately after PTI quoting governing administration resources explained that telecom operators lik… Read More
Telecom operators shall pay out 10 for every cent of the altered gross revenue (AGR) dues demanded by the DoT by March 31 as directed by the Supreme Court, Parliame… Read More
MUMBAI: Bharti Airtel and Vodafone Idea (Vi) have written to the telecom department, seeking clarity on the methods used to calculate the adjusted gross revenue (AGR) dues. But officials in… Read More
SC’s AGR ruling latest blow to the company; if it bows out, the telecom space will be left a duopolyEven though Trai later came up with a technical paper explaining why the call-drops… Read More
New Delhi : The Board of stressed telecom company Vodafone Idea has approved conversion of interest on spectrum auction installments and adjusted gross revenue (AGR) dues into equity.
The c… Read More
New Delhi : The Board of stressed telecom company Vodafone Idea has approved conversion of interest on spectrum auction installments and adjusted gross revenue (AGR) dues into equity.
The c… Read More
The Government of India is set to become the largest shareholder of Vodafone Idea with 35.8 percent stake as the company’s board has approved conversion of interest on deferred spectru… Read More
Bringing an end to a fairly long drawn $6.7Bn dues payments battle, Vodafone India announced today that its board had approved the conversion of the full amount of its spectrum and adjusted… Read More
The Board of Vodafone Idea Limited has approved the conversion of the interest towards deferred adjusted-gross revenue payments and its spectrum dues, that it owes to the government, into eq… Read More
Government to own 35.8% stake in Vodafone Idea after conversion of AGR dues into equity
By Sanjay Maurya
After its board authorized the conversion of dues into equity, Vodafone claimed the I… Read More
After the conversion of AGR dues, the Centre will have 35.8 per cent stake in Vodafone Idea, while its ownership in Tata Teleservices will account for 9.2 per cent Read More
On Tuesday, Vodafone-Idea informed the exchanges about the decision of resolving debts and interests converting into government equity. The company decided to adjust the gross revenue dues b… Read More
Bharti Airtel on Thursday said it has opted to defer the payment of AGR dues up to FY 2018-19, that are not tabulated in the Supreme Court's order, by up to four years. Last week, debt-ridde… Read More
The BSE Sensex and the NSE Nifty ended in the green after a volatile session on Monday. There was a rebound in financial shares and IT shares even though investors remained cautious amid con… Read More
The government will acquire a stake in debt-ridden Vodafone Idea after the stock price of the company stabilises at Rs 10 or above, according to an official source.
Vodafone Idea (VIL) board… Read More
Telecommunications Provider Vodafone Idea’s shares zoomed 8.74% on Wednesday’s intraday trades on the back of heavy volumes, in an otherwise weak market. The share price of the c… Read More
The draft Indian Telecommunications Bill, 2022, which was unveiled by the government late on Wednesday, simplifies the rules for mergers and acquisitions and allows for the relief, write-of… Read More
Gone are the days when Vodafone banners dominated mobile sim and refill shops alongside Airtel and Idea, as Reliance Jio has joined Airtel as India’s top telco. Even in collaboration… Read More
Fitch Ratings expects telecom operators to raise tariffs in 2023, given the focus on profitability by the service providers.The rating agency categorically said Vodafone Idea, the third-larg… Read More
Vodafone-Idea may be one of the top three telcos in India in the absence of numerous others that had popped up in the previous decade. But it has been losing subscribers and struggling to pa… Read More
From connecting people with 5G services to lowering the cost of operations, the country’s revitalized telecom sector is witnessing the bloom of reforms and is set to attract more… Read More
Data adoption and tariff hike-led revenue growth as well as 5G rollouts are key monitorables for 2023 which will also be a decisive year for Vodafone Idea as a viable third player, accordin… Read More
Data adoption and tariff hike-led revenue growth as well as 5G rollouts are key monitorables for 2023 which will also be a decisive year for Vodafone Idea as a viable third player, according… Read More
Debt-ridden Vodafone Idea’s board will meet on Tuesday to discuss a proposal to issue Rs 1,600 crore debentures to mobile tower vendor ATC Telecom Infrastructure.
Vodafone Idea (VIL… Read More
In a relief to Vodafone Idea, the telecom operator that has fallen into hard times with its inability to compete with the likes of Reliance Jio and Airtel, has been ordered to convert capita… Read More
The government cleared conversion of Rs 16,133 crore interest dues of debt-ridden Vodafone Idea into equity after receiving a firm commitment from Aditya Birla Group… Read More
Daily GK Current Affairs News is viable on 7 February 2023. – Here is the Regular current affairs viable of 7 February 2023 covering the following news headlines: Lata Mangeshkar… Read More
“We have live 5G clusters in Delhi and Pune where we have partnered with various OEMs to test compatibility of available 5G handsets. Further, we are in advanced stages of discuss… Read More
Debt-ridden telecom operator Vodafone Idea’s shareholders have approved the preferential issuance of up to ₹1,600 crore of optionally convertible debentures to vendor A… Read More
Vodafone Idea’s shareholders have approved the preferential issuance of up to ₹1,600 crore of optionally convertible debentures to vendor American Tower Corp (ATC). According to… Read More
Vodafone Idea share price gained over 2% in early morning deals on Friday after the company reported narrowing of its net loss for the quarter ended March 2023. The stock price rose as much… Read More
Debt-ridden Vodafone Ideaon Thursday said its consolidated loss narrowed to Rs 6,418.9 crore in the quarter ended on March 31, 2023.The company had recorded a loss of Rs 6,56… Read More
Vodafone Idea, a part of Aditya Birla Group, is engaged in telecom services and the trading of handsets and data cards.
The company’s stock closed at a price of Rs 7.10 on Monday an… Read More
Vodafone Idea Limited is one of the major telecommunication companies in India. It was formed in 2018 after the merger of Vodafone India and Idea Cellular. The company provides mobile voice… Read More
Landmark Judgments Supreme Court of India, Landmark Judgments of 2023
2023 was a year of impactful Supreme Court judgments in India. Choosing just a few “landmark” ones is cha… Read More
In FY26, the company’s dues will amount to approximately Rs 30,000 crore, with nearly Rs 28,000 crore owed to the government as AGR dues.
Vodafone Idea Ltd. aims to convert governme… Read More
Vodafone Idea shares climbed 6.64% this morning. The firm’s market cap increased to Rs 99,525 crore. 1443.24 lakh shares traded on BSE, totaling Rs 212.27 crore turnover.
Vodafone I… Read More
The Indian telecoms market has been a hub of activity and competitiveness over the last decade. Among the prominent players, JIO share price (Reliance Jio) and Vodafone Idea have appeared ou… Read More