Page 12 - Adjusted Gross Revenue

Best of BS Opinion: Digital payments and the pandemic, AGR dues, and more

Here's a selection of Business Standard opinion pieces for the day

SC asks Airtel, Vodafone Idea for road map on payment of AGR dues

The apex court questioned the Department of Telecommunications on the AGR demands raised against the public sector undertakings. The court said its order never dealt with PSUs.

Uncertainty continues

Payment timeline for AGR dues would be critical

Telecom AGR dues case: The story so far

The AGR issue is a 14-year-old case that had mobile operators locked in a legal battle with the government over the definition of of the term

Top headlines: SC on AGR dues, PM Modi on becoming self-reliant, and more

From SC directing telecom companies on AGR dues to the decline in May auto sales, here are the top headlines of the day

Voda Idea, Bharti Airtel fall, PSUs mixed post SC observations on AGR issue

Among the major highlights of the hearing were Supreme Court's direction to the Department of Telecom to reconsider demands raised against the PSUs

SC questions DoT's AGR demand on PSUs, says it is 'totally impermissible'

A Bench of Justices Arun Mishra, S Abdul Nazeer and M R Shah raised questions on the demand raised by the government from PSUs and said its verdict in the case had been misinterpreted

Market Ahead, June 11: All you need to know before the opening bell

Telecom stocks are expected to remain active today as the Supreme Court will hear the AGR matter later in the day

Top headlines: Fitch predicts growth at 9.5% in FY22, AGR hearing, and more

From S&P retaining India's sovereign rating and outlook, SC relief to Amrapali homebuyers to HUL's crorepati club shrinking, here are top news of the day

Supreme Court to hear case on adjusted gross revenue on Thursday

A bench headed by Justice Arun Mishra will hear the matter tomorrow

Pay Rs 13,613 crore as licence fee for 4 years: DoT to PowerGrid

The DoT also raised a demand of over Rs 3 trillion from non-telecom PSUs such as GAIL, Oil India

Reimagining GST for the post-Covid era

Revival of economic activity should overwhelm its agenda

Tata Tele to sell residual businesses to repay banks, gets promoter support

Tata Sons infused about Rs 46,595 crore in Tata Teleservices between January 2014 and December 2019

Decide on floor price for tariffs to ensure sustainability: Telcos to Trai

COAI, whose members include Bharti Airtel, Vodafone Idea and Reliance Jio, has written to Trai seeking an open house discussion on the issue "at the earliest"

Market Ahead, May 19: Top factors that could guide markets today

Today, 18 companies, including Bajaj Finance, Apollo Tyre, and Ujjivan Small Finance Bank, are scheduled to announce their March quarter earnings

Bharti Airtel posts consolidated loss before tax of Rs 7,010 crore in Q4

During the quarter, the company took an exceptional charge of Rs 7,004 crore mainly on account of the re-assessment of interest on licence fee, and spectrum usage charges (including interest on AGR).

Vodafone PLC liability for AGR capped at Rs 8,400 cr, blames SC order

Vodafone says its share in Vodafone Idea is worth zero

Reliance Jio reports 127% jump in profit before tax to Rs 2,931 crore in Q4

At the net profit level, aided by lower interest costs, the company recorded a growth of 73 per cent on a sequential basis and nearly trebled over the year-ago period.

Relief to Vodafone Idea as SC orders Rs 733-crore income tax refund

Vodafone Idea, which is facing a financial crisis after the apex court ordered it to pay AGR dues and penalties totalling Rs 53,000 crore, will, however, have to wait for other refunds

Voda Idea's viability remains clouded despite near-term liquidity support

'Longer term viability of VIL continues to remain under cloud,' noted Credit Suisse in a report