Search For "adjusted gross revenue"
Rating agencies downgrade Vodafone-Idea, Bharti Airtel after SC ruling on
Updated : 6 years, 4 months ago IST
New Delhi [India], Oct 31 (ANI): Care Ratings has downgraded its rating on long-term bank facilities and non-convertible debentures of Vodafone Idea as Fitch placed Bharti Airtel's BBB long-term foreign currency issuer default rating (IDR) on rating watch negative (RWN).
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Reliance Jio blasts COAI for propagating doom of telecom sector after SC o
Updated : 6 years, 4 months ago IST
New Delhi [India], Oct 30 (ANI): Reliance Jio Infocomm Ltd (RJIL) on Wednesday lashed out at the Cellular Operators Association of India (COAI) for writing to Union Telecom Minister Ravi Shankar Prasad alleging unprecedented crisis in the sector without waiting for its divergent views.
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Govt forms panel of secretaries on measures to ease financial stress in te
Updated : 6 years, 4 months ago IST
New Delhi [India], Oct 29 (ANI): The government is constituting a high-level panel under the Cabinet Secretary to suggest measures for mitigating financial stress in the telecom sector, sources said on Tuesday.
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Bharti Airtel defers Q2 result till Nov 14, stock drops by 4.5 pc
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Oct 29 (ANI): Telecom major Bharti Airtel on Tuesday deferred its second quarter (July to September) result till November 14 as it seeks clarity on the adjusted gross revenue (AGR) matter arising out of a recent judgement by the Supreme Court.
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SC judgment last straw in contributing to telecom financial distress: COAI
Updated : 6 years, 4 months ago IST
New Delhi [India], Oct 24 (ANI): The telecom sector on Thursday expressed deep disappointment over the Supreme Court's judgment on the definition of adjusted gross revenue (AGR) which it said will negatively impact incumbent operators by over Rs 92,000 crore.
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Telecom companies to pay around Rs 90000 to Centre after apex court reject
Updated : 6 years, 4 months ago IST
New Delhi (India), Oct 24 (ANI): In a major setback to telecom companies, the Supreme Court on Thursday rejected their appeal against Centre's definition of Adjusted Gross Revenue (AGR).
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