Search For "gross revenue"
GMR's Q2 loss widens to Rs 457 crore despite higher revenue
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 15 (ANI): GMR Infrastructure Ltd has reported a consolidated net loss for the second fiscal quarter ending September at Rs 457 crore against Rs 334 crore in the corresponding period of previous fiscal.
Read More
ONGC Q2 profit falls by 24 pc to Rs 6,263 crore on lower crude price reali
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 15 (ANI): India's largest energy company Oil and Natural Gas Corporation (ONGC) has reported a 24.2 per cent year-on-year fall in its standalone net profit to Rs 6,263 crore for the quarter that ended on September 30.
Read More
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.
Read More
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.
Read More
GST October collections fall by 5.3 pc year-on-year to Rs 95,380 crore
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 1 (ANI): Gross revenue on account of Goods and Services Tax (GST) totalled Rs 95,380 crore in October, 5.29 per cent lower in the year-ago period, the Central government said on Friday.
Read More
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
Read More
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).
Read More
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.
Read More
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.
Read More
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.
Read More
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.
Read More
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).
Read More