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Monday, February 17, 2020

AGR case

AGR CASE NEWS

After SC rap, Bharti Airtel pays Rs 10,000 crore to DoT towards AGR dues

February 17, 2020 12:46 pm

Bharti Airtel said it will make payment of the balance amount after self-assessment exercise.

Bad to worse

February 17, 2020 1:11 am

In the wake of the Supreme Court order, government must intervene for the sake of the health of the telecom sector.

Centre favoured telcos by deferring recovery: Congress

February 16, 2020 2:07 am

Accusing the Centre of Modi “fleecing Rs 1,60,000 crore from the pockets of 112 crore Indians", Congress communications chief Randeep Singh Surjewala also asked if the recent “40 per cent increase in cellphone tariff was a means to recover the AGR”.

Banks will have to pay price if any telco files for bankruptcy: SBI Chairman

February 16, 2020 1:34 am

SBI Chairman Rajnish Kumar said not just lenders, but the entire ecosystem would have to “pay the price” if any telecom firm went bankrupt.

After SC rap, DoT orders telcos to clear dues by 11.59 pm tonight

February 14, 2020 6:46 pm

The department's move came after the apex court summoned the managing directors of the firms and directed them to pay an amount of Rs 1.47 lakh crore to the Department of Telecom (DoT) by the next hearing, which is on March 17.

AGR case: Supreme Court rejects review petitions of telcos challenging its verdict

January 16, 2020 6:10 pm

The companies had moved these review petitions after the apex court had, on October 24, 2019, upheld the definition of adjusted gross revenue (AGR), as decided by the Department of Telecom (DoT).