March 06, 2020 12:55 am
The telcos told TRAI that while rationalisation of taxes will help the industry, it will not help them generate sufficient revenues and sustain operations in the long run.
March 04, 2020 9:16 pm
Sources privy to the development said that as the amount paid by telcos is based on their own self-assessment, the department has asked them to explain how they have arrived at the said calculation, and pay the balance amounts.
March 01, 2020 12:26 am
Sum includes `5,000 crore to cover any differences arising from reconciliation exercise.
February 29, 2020 12:20 pm
The payment of Rs 8,004 crore is in addition to Rs 10,000 crore the company paid on February 17, 2020 in compliance to the Supreme Court judgement, it said in a regulatory filing.
February 26, 2020 3:04 pm
Bharti Airtel recorded a Rs 35,300 crore (USD 5 billion) liability for past-due AGR fees associated with this litigation, but is still completing its self-assessment to determine the final amount, Moody's Investors Service said.
February 24, 2020 6:12 pm
The delay in completion of the deal would come as a blow to Vodafone Idea which has to cough up Rs 53,000 crore in statutory dues to the government and was eyeing about Rs 5,500 crore from stake sale in Indus Towers.
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.
February 20, 2020 5:36 pm
Fitch Ratings said Bharti is poised to gain at least 30 million subscribers from Vodafone Idea in FY21.
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.
February 21, 2020 8:01 am
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