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BS Web Team  | New Delhi 


The Supreme Court on Monday said that several telcom companies, which have (AGR) dues of nearly Rs 39,000 crore, are currently under liquidation and it is essential for the court to go into bonafides of the decision to invoke insolvency.

The Rajasthan High Court will on Tuesday resume hearing the petition filed by Sachin Pilot and 18 other dissident Congress MLAs, challenging the disqualification notices issued to them by the assembly Speaker. The hearing remained inconclusive on Monday and Chief Justice Indrajit Mahanty said it will be concluded Tuesday. The order is also likely to be pronounced on Tuesday.
In another major development, IndiGo has decided to lay off 10 per cent of its workforce due to the economic crisis caused by the coronavirus pandemic, its CEO Ronojoy Dutta said on Monday.

"From where things stand currently, it is impossible for our company to fly through this economic storm without making some sacrifices, in order to sustain our business operations," Dutta said in a statement.
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