Search For "gross revenue"
SC dismisses plea by telcom companies seeking relief from AGR dues
Updated : 6 years, 1 month ago IST
New Delhi [India], Jan 17 (ANI): The Supreme Court on Thursday dismissed review petitions by various telecom companies challenging its judgement in the Adjusted Gross Revenue (AGR) case.
Read More
Wipro reports 2.2 pc dip in Q3 net income at Rs 2,460 crore
Updated : 6 years, 2 months ago IST
Bengaluru (Karnataka) [India], Jan 14 (ANI): IT services and consulting major Wipro on Tuesday reported 2.2 per cent dip in the net income for the third quarter ended December 2019 at Rs 2,460 crore in the year-on period.
Read More
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
Read More
GST December collections jump by 16 pc year-on-year to Rs 1.03 lakh crore
Updated : 6 years, 2 months ago IST
New Delhi [India], Jan 1 (ANI): Gross revenue on account of Goods and Services Tax (GST) totalled Rs 1.03 lakh crore in December, up 16 per cent in the year-ago period, the government said on Wednesday.
Read More
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.
Read More
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
Read More
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.
Read More
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
Read More
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
Read More
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).
Read More
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
Read More
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.
Read More