It added that the group has adequate committed and non-committed facilities to operate as a going concern.
Fund house has carved out separate portfolios in six schemes to hold the exposure
The company said its revenue from telecom business was only 2% of its turnover
Vodafone Idea AGR dues as estimated by the Department of Telecom stands at a cumulative Rs 53,038 crore, including Rs 24,729 crore of SUC dues and Rs 28,309 crore in licence fee
Though this standby payment plan is being readied, everything, however, depends on the apex court decision, the sources added
Firms had to pay AGR dues worth Rs 1.47 trillion by Jan 23
Franklin Templeton MF announced 100% mark-down; others followed valuation metric after SC rejected telcos' petition
The company has made provision of Rs 177 crore to pay for the government revenue share based on the Supreme Court judgement dated October 24, 2019.
Bharti Airtel, Voda Idea and the Tatas are set to miuss the Jan 24 deadline as they would wait until next week, when their "modification" petition will be heard by the SC, before making AGR payments
OIL has received demand notices for the period from FY08 to FY19 amounting to over Rs 48,000 crore including licence fee, penalties and interest, the company said
The country's broken financial system would take a fresh hit; new 5G networks could be delayed; and the government's annual revenue from the sector might get squeezed
The dues sought are double the net worth of OIL
Telcos discuss giving January 24 deadline a miss
From the latest on telcos' AGR pleas to Uber's sale of India food delivery business to Zomato, here are the day's top headlines
The apex court's ruling will also have significant repercussions for India's banking sector as well as the country's broader economic outlook: Fitch Ratings
The court, on October 24 last year, had ordered telecom companies to pay their licence fees and spectrum user charges within 90 days. Failure to do so could lead to contempt of court
Tata Tele also moved the apex court seeking an extension of the deadline
The DoT has sought Rs 1.72 trillion in past statutory dues from state-owned gas utility GAIL India Ltd
The closure would mean severe job losses - in a market where job creation is becoming an issue
Industry plans to again ask telecom department for staggered payment option