Page 23 - Adjusted Gross Revenue

Governance in India has been economics illiterate; here's how to fix it

The government needs to appoint economists in secretary level positions in all ministries for things to improve

AGR verdict aftermath: MFs, PFs brace for storm over Vodafone Idea debt

MFs have already started to mark-down their debt exposure following S's decision to reject review plea of the telecom companies on AGR dues

Street's contrasting reaction to AGR verdict hints at telecom duopoly

While Bharti Airtel stock price scaled a new high due to fresh buying by investors, Vodafone Idea stock was down 25 per cent as hordes of investors exited the counter

AGR verdict: Ball now in govt's court to salvage telcos, say banks

No scope for reworking repayment obligations unless there is a default, they say

Fund houses take differing stance on Vodafone-Idea AGR-related debt

Experts say not taking markdown can benefit savvy investors that exit exposed schemes

AGR dues: Multiple provident funds had loaned money to crisis-hit Voda Idea

Vodafone Idea is required to pay Rs 53,038 crore to the government as per the Supreme Court order which came in October

Vodafone Idea on the edge after SC's AGR verdict; Jio may gain most

Jio is adding 8-9 million customers every month, so hitting the magic number could take 16-18 months

SC rejects AGR review plea; telcos have to pay Rs 1.47 trn dues in a week

Disappointed with the decision, Bharti Airtel, which is facing an estimated AGR demand of Rs 35,586 crore said it was evaluating filing a curative petition

Govt rules out more reliefs to telcos, feels sector out of financial stress

Bharti Airtel and Vodafone Idea will have to shell out Rs 35,000 crore and Rs 54,000 crore, respectively

AGR: No demand yet on GAIL, PowerGrid; Airtel, Voda Idea mull curative plea

An assessment put GAIL liability at Rs 1.72 trillion and that of PowerGrid at Rs 21,000 crore

Supreme Court dismisses AGR review petitions filed by telecom companies

The apex court said that the telcos were at liberty to file curative petitions against the review petition.

SC's decision on AGR plea disappointing; may file curative petition: Airtel

The money now required to pay punitive interest, penalty and interest on penalty which forms nearly 75 per cent of AGR dues would have better served the digital mission of the country, Airtel added.

Airtel $3-billion QIP plan: Issue price at a discount over floor price

Bharti Airtel has to pay nearly Rs 35,586 crore in additional statutory dues

Tatas arranging Rs 14,000 crore to clear telecom arm's outstanding AGR dues

Of the total AGR dues of Rs 13,823 crore, Rs 10,000 crore will be raised from banks by Tata Sons, while the remaining will be raised from internal accruals

Irrational demand

Licence-linked dues from non-telcos should be reviewed

Telecom performance in Q2: AGR drops 4.5 % QoQ; Jio reports 6.75% growth

Gross revenue and AGR of telecom service sector for the quarter was Rs 59,992 crore and Rs 37,338 crore, respectively

Airtel, Vodafone-Idea may declare Q2 results after boards meets on Nov 14

Bharti Airtel had, last month, told the exchange that it has deferred the September quarter result announcement till November 14, due to the adjusted gross revenue (AGR) issue.

Telecom companies seek open court hearing in SC on AGR review pleas

The recovery of past dues by the government was based on adjusted gross revenue of about Rs 92,000 crore

Govt unlikely to waive off Rs 1.33 trillion tax payout by telcos

The industry has been seeking relief on penalty and interest on the AGR dues while asking for a staggered payment format

Telecom revenues likely to exceed target by Rs 50,000 crore in 2019-20

In its July Budget, the government had targeted more than Rs 50,519 crore in 2019-20 from the telecom sector, an increase of 28% from the previous year