The company may blame what is effectively a double taxation regime, but it has also failed to adapt its business model when faced by Reliance Jio's disruptive entry
Bharti Airtel had initially paid Rs 10,000 crore to the DoT on February 17 in compliance with the Supreme Court judgment
The company said it calculated the liabilities on self assessment basis till December 31, 2019 and the payment includes interest up to February 29, 2020
Members of the DCC refused to comment on the discussions held during the two-hour meet. More details are required for reconciliation of AGR data, sources said
The DCC meeting lasted two hours and is expected to meet again in coming days
Union Home Minister Amit Shah will address a rally at the Janata Maidan here on Friday in support of the amended Citizenship Act
The industry has made a string of demands including a moratorium, staggered mode of payment, lower licence fee and setting up of a tariff floor.
Current mobile internet prices are in the range of Rs 4-5 per GB
Among the options likely to be deliberated tomorrow is allowing staggered payments for statutory dues for telecom industry
The company has so far paid Rs 3,500 crore in AGR dues
Vodafone Idea said adjustment of GST credit due from the government could help in meeting its AGR payment
COAI's letter comes at a time when Vodafone Idea has reportedly made it clear to the govt that it won't be able to pay court mandated AGR dues in their entirety, unless a bailout is extended
Vodafone Idea has reportedly made it clear to the government that it won't be able to pay court-mandated AGR dues in entirety, unless a bailout is extended immediately
Adding to the cautious mood on the Dalal Street will be the expiry of the February series derivative contracts today and the release of the Q3 GDP data tomorrow
Following the SC order on the AGR of telcos, industry honchos Sunil Bharti Mittal and Kumar Mangalam Birla had met the finance minister
Bharti recorded a Rs 35,300 crore ($5 billion) liability for past-due AGR fees
The battle between the government and the telecom companies over how their adjusted gross revenues (AGR) should be calculated has gone on for several years.
Tata Sons Chairman N Chandrasekaran meets Ravi Shankar Prasad to discuss the issue
Emerging from the meeting which lasted for over 30 minutes, Chandrasekaran declined to comment on the details of his discussion
GAIL lines up Rs 1 trillion capex for next five years