Page 26 - Adjusted Gross Revenue

AGR provisioning: Bharti Airtel posts pre-tax loss of Rs 31,334 crore in Q2

Operating performance improved sharply but net loss at Rs 23,045 is the third highest by an Indian corporate in a quarter

Vodafone Idea net worth down 70%, Bharti Airtel hurt but still in the game

Vodafone Idea's net debt to equity ratio has jumped to a record level of 4.5x at the end of September this year, as against 1.24x at the end of June and 1.8x at March-end

AGR impact: Voda Idea posts biggest quarterly loss in India Inc history

AGR liability leads to pre-tax loss of Rs 36,959 crore

After biggest quarterly loss, Vodafone Idea seeks AGR relief from govt

The finance ministry won't back down from collecting the amount, which needs to be paid within three months as per the court order

AGR woes: Bharti Airtel, Voda Idea post a combined Rs 74,000-cr loss in Q2

Vodafone Idea and Airtel have made provisions for their liabilities arising from the Supreme Court order in their latest September quarter results

Voda Idea posts Rs 50,900-cr loss in Q2, the biggest in India Inc history

Saddled with $14 billion of net debt, Vodafone Idea is fighting for survival after India's top court last month ordered it to pay additional fees the government said were due from prior years

AGR provisioning: Bharti Airtel posts a loss of Rs 23,045 cr in Sep quarter

The consolidated revenue of Bharti Airtel was up by 4.7 per cent at Rs 21,199 crore in the just-concluded quarter

DoT asks internet services providers to give audited AGR reports by Nov 28

Officials said PGCIL, Gail, RailTel, Oil India, and DMRC are likely to be sent letters for paying the AGR that can run into crores

Govt objects to Voda CEO's comments on India JV being pushed to liquidation

The central government has objected to the reported comments of Nick Read, chief executive of Vodafone, that the India unit of the telecom major was headed for liquidation due to, among other factors, the Supreme Court decision requiring payment of Rs 28,300 crore as spectrum dues.According to media reports, Union telecom and communications minister Ravi Shankar Prasad spoke to Vodafone Idea chairman Kumar Mangalam Birla to express displeasure. Vodafone Plc, the parent entity, says its chief's comments were taken "out of context", presenting an incorrect picture. Vodafone Plc owns 44.3 per cent stake in Vodafone Idea; the Aditya Birla Group holds 26.5 per cent.According to the transcript of Read's utterances, he'd told analysts that due to the Supreme Court's ruling on the correct way to determine telecom company dues from their Adjusted Gross Revenue (AGR), on top of the financial stress already present, the situation of the telecom sector in India and at Vodafone Idea was a ...

SC's AGR order: Airtel, Vodafone Idea likely to file review petition

A government Secretaries' panel is looking at providing relief to telcos through levy reductions in licence fee and the USO Fund

Price war in India's telecom market: Vodafone may suffer $1.1-bn writedown

Vodafone Chief Executive Officer Nick Read is trying to keep shareholders onside following a dividend cut by focusing on Europe and Africa, where he sees the best chance of defending profits

Row over AGR dues may cast shadow on 5G spectrum auctions: Experts

In 2016-17, the Union government raised Rs 65,789 crore through the sale of spectrum

Collateral damage? PSU majors stare at huge AGR bill after SC's judgment

The government has set up a committee of secretaries to look into all issues

DoT checking if SC's AGR definition applies to companies other than telcos

These companies may suddenly be given demand notices running into crores and they may object to DoT's not informing them for so many years about this

AGR ruling: Reliance Jio advises Airtel, Voda Idea how to raise money

India's top court had last month ordered Bharti and Vodafone Idea to pay Rs 499.9 billion

Troubles faced by the telecom sector can rub-off onto mutual funds

Yields on debt instruments of Vodafone Idea rise following SC ruling

The telecom turmoil

Govt should address some fundamental issues

Jio in letter war with COAI over telecom stress

Based on current data, analysts said Bharti Airtel had enough opportunity to monetise and pay the AGR dues

AGR payments: Reliance Jio slams peers, questions telecom sector stress

Says incumbents have enough resources, monetisation opportunities pay up

How govt has fared on its promise to connect the unconnected, underserved

Whatever be the outcome of the AGR verdict on telcos, the government must deliver on its promise towards the other India