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Tuesday, October 26, 2021

AGR case

AGR CASE NEWS

AGR case of telecom majors: A timeline

July 23, 2021 1:39 pm

The telecom companies, including Vodafone Idea and Bharti Airtel, had submitted before the apex court that arithmetical errors in the calculation be rectified and there are cases of duplication of entries.

Bharti Airtel, Vi may meet DoT, seek clarifications on AGR payment quantum

September 17, 2020 1:33 am

On September 1, the Supreme Court, in its final judgment on the AGR issue, said telcos could pay their AGR dues over the next 10 years and that they would have to pay 10 per cent of the dues by March 31, 2021.

SC lets telecom firms stagger AGR payments over 10 years

September 02, 2020 9:44 am

These yearly instalments will have to be made by March 31 of every succeeding financial year and a compliance report by the companies as well as the DoT has to be filed by April 7 of that year, a three-judge bench headed by Justice Arun Mishra said.

Telecom firms get breather in AGR case, SC allows them 10 years to clear dues

September 01, 2020 4:57 pm

AGR Case Verdict: The Supreme Court ruled that the telecom companies would need to pay 10 per cent of their AGR-related dues by March 31, 2021.

Centre to withdraw 96% of Rs 4 lakh crore AGR related dues raised against PSUs: SC told

June 18, 2020 1:19 pm

A bench of justices Arun Mishra, S Abdul Nazeer and M R Shah was informed by Solicitor General Tushar Mehta that the DoT has filed an affidavit explaining the reason for raising the demand of AGR related dues against the PSUs.

Supreme Court questions DoT demand for AGR dues from PSUs, says it is totally impermissible

June 11, 2020 2:39 pm

"This is wholly and totally impermissible," the bench said, while referring to the demand raised against the PSUs.

SC pulls up Centre, telecos for doing self-assessment of AGR dues fixed by court

March 18, 2020 1:23 pm

A bench of Justices Arun Mishra, S A Nazeer and M R Shah refused to take up the Centre's plea for allowing telecom companies to pay AGR dues in 20 years, saying the application will be taken up after two weeks.

AGR is unprecedented crisis for telecom sector, says Airtel's Sunil Mittal

February 20, 2020 7:37 pm

Mittal, who met Telecom Minister Ravi Shankar Prasad today, said his company is committed to complying with the Supreme court order over non-payment of adjusted gross revenue (AGR), and added that it will make the remaining payment soon.

Vodafone Idea shares extend gains, surge 19 per cent

February 20, 2020 4:43 pm

In terms of trade volumes, over 13.61 crore shares of Vodafone Idea were traded on the BSE during the day, while over 95.68 crore shares exchanged hands on NSE.

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.