Page 13 - Adjusted Gross Revenue

Vodafone-Idea parent makes $200 mn advance payment amid coronavirus crisis

The payment was due in September 2020 under the terms of the contingent liability mechanism with Vodafone Idea

The telecom test

A nationwide lockdown is putting pressure on network

Telecom duopoly will be bad for economy

A hike in tariffs is guaranteed. But it would not necessarily lead to higher ARPU

Govt is well aware of implications if relief not provided to telcos: COAI

Industry body COAI on Friday said the government is well aware of implications of leaving the stressed telecom sector without a relief package, as it urged policymakers to use "tools" available to find appropriate solutions expeditiously. "The industry is in urgent need of relief measures, and we urge the government to come up with appropriate solutions expeditiously and resolve the matter," Cellular Operators' Association of India (COAI) Director General Rajan Mathews said. On Wednesday, the apex court rejected the telcos' self-assessed adjusted gross revenue (AGR) dues and ordered them to pay the principal together with interest and penalties. It stated that non-payment of dues would tantamount to contempt of court. "The government can exercise the tools that are available and move forward on that basis," Mathews said. Telecom companies such as Bharti Airtel, Vodafone Idea and Tata are in a bind as their combined self-assessment of dues to the government are a whopping Rs 82,300

Best Of BS Opinion: Long-term growth, AGR dues, YES Bank saga, and more

Kanika Datta brings you top opinion pieces of the day

AGR dues: Supreme Court lashes out at DoT, telcos; says must pay all dues

It ordered the telecom department to immediately withdraw the move of allowing self-assessment of dues

Take the call

Govt should find a way to save the telecom sector

Airtel, Voda-Idea to pay Rs 7881 crore a year if AGR is staggered

Bharti Airtel has already paid Rs 18,000 crore of its AGR dues

Self-assessment of Airtel, VIL, Tata AGR dues short of DoT's math

In all, AGR dues calculated by the government for 16 entities add up to Rs 1.69 trillion , while telcos' self-assessment place their dues at a mere Rs 37,176 crore

Top headlines: S&P cuts India's growth forecast; updates on Covid-19 cases

From RBI considering relaxing bad loan rules to DoT's appeal for AGR relief to telcos, Business Standard brings to you the top headlines of the day

SC pulls up Centre, telecos for self-assessment of AGR dues fixed by court

A bench of Justices Arun Mishra, S A Nazeer and M R Shah refused to take up the Centre's plea for allowing telecom companies to pay AGR dues in 20 years

Vodafone Idea tumbles 40%, Bharti Aitel slips 5% after SC's AGR verdict

The government had approached the apex court seeking approval to a formula allowing telcos to pay their remaining AGR dues in annual installments over the next 20 years or so

DoT plea for AGR relief to telcos: SC irked, to decide after two weeks

A Bench of Justices Arun Mishra and M R Shah, hearing the DoT plea in the AGR matter, said if SC allowed a plea like this, it would also become party to a fraud

SC to hear DoT's plea on AGR dues payment by telecom companies today

The fresh plea stated that telecom service providers who were liable to make payments have started making payments

DoT moves SC to offer telecom firms 20-year window for payment of AGR dues

COAI, representing the telecom industry, has called it a "comprehensive petition"

AGR dues: DoT's proposal a boost for Bharti Airtel and Vodafone Idea

Cash flows to absorb Africa impact amid weak crude oil prices and rupee

Vodafone Idea pays another Rs 3,354 cr to DoT as part payment of AGR dues

Company owes Rs 6,854 cr as principal amount from FY07 to FY19

SC dismisses Vodafone Idea's plea against levy of one time spectrum charges

"Do not pay anything. Do not pay this. Do not pay the AGR (Adjusted gross revenue) also," the bench said while dismissing the appeal of the telecom firm.

Govt backs telcos in SC, seeks payment of AGR dues over 20 years

Adverse impact on the functioning of telecom companies will hurt economy and consumers, says telecom department.

Top Headlines: RBI on rate cut; relief for YES Bank depositors, and more

Yes Bank customers will be able to access full banking services from Wednesday evening