New Delhi [India], Feb 27 (ANI): The Cellular Operators Association of India (COAI) has urged the government to reduce licence fee from 8 per cent to 3 per cent and asked for a slew of fiscal measures to offset the stress stemming from Supreme Court's verdict on adjusted gross revenue (AGR)
Mumbai (Maharashtra) [India], Feb 18 (ANI): India Ratings and Research (Ind-Ra) on Tuesday downgraded Vodafone Idea's long-term issuer rating to B from BBB minus while maintaining it on rating watch negative (RWN).
New Delhi [India], Feb 17 (ANI): Tata Teleservices Limited (TTL) and Tata Teleservices (Maharashtra) Limited (TTML) on Monday made a payment of Rs 2,197 crores to the Department of Telecommunications (DoT) towards Adjusted Gross Revenue (AGR) dues, as had been ordered by the Supreme Court.
Bengaluru (Karnataka) [India], Feb 17 (ANI): Union Finance Minister Nirmala Sitharaman on Monday said that the Department of Telecommunications (DoT) is actively engaging with telecom companies after the Supreme Court's order regarding Adjusted Gross Revenue (AGR) which has necessitated the
Mumbai (Maharashtra) [India], Feb 17 (ANI): Equity benchmark indices ended lower on Monday with investors trying to gauge the impact of Supreme Court verdict on telecom operators regarding the adjusted gross revenue (AGR) dues and the consequent result on banking sector.
New Delhi [India], Feb 17 (ANI): The Supreme Court on Monday refused to pass an order on Vodafone-Idea's plea to direct the central government not to encash its bank guarantee in view of Adjusted Gross Revenue (AGR) judgement.
New Delhi [India], Feb 17 (ANI): Telecom major Bharti Airtel on Monday deposited Rs 10,000 crore as part of its adjusted gross revenue (AGR) dues to the government after being rapped by the Supreme Court.
New Delhi [India], Feb 15 (ANI): A day after the Supreme Court heard a plea on the payment of dues under the adjusted gross revenue (AGR), Vodafone Idea on Saturday said it is currently assessing the amount that it will be able to pay to the Department of Telecommunications (DoT).
New Delhi [India], Feb 15 (ANI): The Supreme Court, while hearing a plea on payment of dues under the adjusted gross revenue (AGR) case on Friday, observed that how the telecom companies had violated its order "in pith and substance'" and not paid the money to the Centre.
Mumbai (Maharashtra) [India], Feb 14 (ANI): Equity benchmark indices ended lower after a volatile trading session on Friday following Supreme Court's rejection of the telecom companies' plea seeking a new schedule of adjusted gross revenue (AGR) payments.
New Delhi [India], Feb 14 (ANI): The Supreme Court on Friday dismissed a review petition by telecom operators for a new schedule to pay adjusted gross revenue (AGR) dues and asked why contempt proceedings should not be initiated against them for not complying with the apex court's earlier or