Search For "adjusted gross revenue"
SC to consult CJI to decide about open hearing on AGR review petition
Updated : 6 years, 2 months ago IST
New Delhi [India], Jan 8 (ANI): The Supreme Court on Wednesday said that it will take a call on whether the review petitions against the court's judgment on Adjusted Gross Revenue (AGR) will be heard in an open court or not, after due consultation with Chief Justice of India Sharad Arvind Bo
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ICRA maintains negative year-end outlook for telecom industry
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 13 (ANI): Investment information and rating agency ICRA has maintained a negative outlook for the Indian telecom industry which is grappling with adjusted gross revenue (AGR) dues, notwithstanding the green-shoots of recovery.
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Vodafone Idea stock tumbles 5.6 pc to hit lower circuit
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 9 (ANI): The share price of telecom major Vodafone Idea fell by 5.64 per cent intraday on Monday after its Chairman Kumar Mangalam Birla said the company may have to stop operations if it does not receive any relief from the government following the Supreme
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Bharti Airtel to raise funds up to $3 billion via debt and equity
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 5 (ANI): The board of directors at telecom major Bharti Airtel has approved fund raising of up to three billion dollars (about Rs 21,516 crore) to pay adjusted gross revenue (AGR) dues of over Rs 35,500 crore to the Department of Telecom (DoT) January-end.
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ICRA downgrades Bharti Airtel's long-term rating to AA-minus
Updated : 2 years, 4 months ago IST
New Delhi [India], Nov 26 (ANI): Investment information company ICRA has downgraded Bharti Airtel Ltd's long-term rating from AA to AA-minus due to recognition of higher-than-anticipated provision after the Supreme Court judgment on dues payable towards license fees on adjusted gross revenue
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Care downgrades rating on Vodafone Idea's long-term bank facilities, NCDs
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Nov 23 (ANI): Care Ratings has downgraded Vodafone Idea's rating on its long-term bank facilities and non-convertible debentures (NCDs) due to significant erosion in overall risk profile of the company after the recent Supreme Court judgement on adjusted gros
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Bharti Airtel, Vodafone Idea, Tata Teleservices file review plea in SC in
Updated : 6 years, 3 months ago IST
New Delhi [India], Nov 22 (ANI): Bharti Airtel, Vodafone Idea and Tata Teleservices on Friday filed a petition in the Supreme Court seeking a review of its October 24 ruling ordering telecom companies to pay around Rs 92,000 crore to the Centre on Adjusted Gross Revenue (AGR).
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Vodafone Idea, Bharti Airtel to raise mobile tariffs from next month
Updated : 6 years, 3 months ago IST
New Delhi [India], Nov 19 (ANI): Crisis-ridden telecom majors Bharti Airtel and Vodafone Idea have announced a raise in tariffs from next month in a bid to make their businesses viable as the government works out a solution after the recent Supreme Court judgement on definition of adjusted g
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RCom posts Q2 loss of Rs 30,142 crore on provisioning of liabilities
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Nov 16 (ANI): Bankrupt telecom operator Reliance Communications has posted a consolidated loss of Rs 30,142 crore for the second fiscal quarter (July to September) due to provisioning of liabilities after the recent Supreme Court ruling on statutory dues.
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Brickwork Ratings downgrades Vodafone Idea NCDs
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 9 (ANI): Brickwork Ratings has downgraded Vodafone Idea's rating on non-convertible debentures (NCDs) citing the recent Supreme Court ruling on adjusted gross revenue (AGR) and extension of timeline with regard to the sale of stake in Indus Tower to Bharti Infratel.
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After Care, Ind-Ra and Crisil downgrade Vodafone-Idea long-term issuer rat
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 2 (ANI): India Ratings and Research (Ind-Ra) and Crisil have downgraded telecom major Vodafone Idea's long-term issuer ratings on non-convertible debentures (NCDs) worth Rs 3,500 crore.
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Reliance Jio asks govt to rubbish COAI claims after SC order on AGR
Updated : 6 years, 4 months ago IST
New Delhi [India], Oct 31 (ANI): The bruising battle in Indian telecom sector reached high echelons of government on Thursday with Reliance Jio Infocomm Ltd (RJIL) rubbishing Cellular Operators Association of India (COAI) which has claimed an unprecedented crisis after the recent Supreme Cou
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