As per the Trai report, as of December 31, 2024, Vodafone Idea had wired and wireless 126.38 million subscribers
Vodafone Idea failed to meet the March 10 deadline to clear its 2015 spectrum dues, risking government action, while also facing a Rs 16.73 crore GST demand notice from tax authorities
Telecom operator Vodafone Idea (VIL) on Friday said it has received a Rs 16.73 crore Goods and Services Tax (GST) demand order from Deputy Commissioner, Large Taxpayer Unit, West Bengal. The telco asserted it does not agree with the order and will take appropriate action for filing an appeal against the same. In a BSE filing on details of order received by the company under the Central Goods and Services Tax Act, 2017, Vodafone Idea informed that order was received on February 27, 2025. The order was "passed under Section 73 of Central Goods and Services Tax Act, 2017 read with West Bengal Goods and Services Tax Act, 2017 confirming penalty of Rs 16,73,33,489 along with demand and interest as applicable." It pertains to "alleged excess availment of Input Tax credit, short payment of tax, etc," the VIL filing said. "The maximum financial impact is to the extent of tax demand, interest and penalty levied," VIL noted.
The apex court rejected a series of review petitions filed by Bharti Airtel and Vodafone Idea challenging its 2021 verdict
The Supreme Court has dismissed telecom giants Vodafone Idea and Bharti Airtel's review petitions seeking corrections in adjusted gross revenue dues calculations, leaving them with no legal recourse
Vodafone Idea's consolidated net losses narrowed marginally to Rs 6,609.3 crore in Q3FY25, from a loss of Rs 6,985.9 crore in Q3FY24
Stocks to Watch on February 12, 2025: Investors will keep a watch on Berger Paints, Vi, SAIL after their Q3 numbers. They will also eye other stocks such as NBCC, NTPC and others
Telco planning commercial 5G launch in March, beginning with Mumbai
The company's consolidated loss after tax narrowed to Rs 6,609 crore ($762.20 million) in the quarter ended December 31, from Rs 6,986 crore a year earlier
Q3 FY25 company results, Feb 11: MOIL, Berger Paints, IIFL Securities, and Schneider Electric Infrastructure will be among 334 companies to release their performance report for the Oct-Dec quarter
BSNL's existing voice and SMS-only recharge plan is cheaper than the latest plans rolled out by Jio, Vi, and Airtel. Here's a quick comparison between all
After TRAI's interference, Jio, Airtel, and Vi revised their plans for users who need voice and SMS-only plans. Check details about each plan
Vi has already received refund in December, telco told exchanges
The government is considering a proposal to waive 50% of interest and 100% of penalties and interest on penalties that make up a bulk of the AGR dues levied on telcos
Today, a sessions court in Kolkata sentenced Sanjay Roy to life imprisonment in the rape and murder of a doctor at RG Kar Medical College and Hospital.
Vodafone Idea stock is expected to trade with a favourable bias in the near-term as long as the stock holds above Rs 9.50 - Rs 9.35 support zone, suggests the technical charts.
To improve its network performance Vi has partnered with HCL Software, the software business unit of HCL Technologies, to make its 4G and 5G networks smarter and more efficient
Airtel, with industry-leading ARPU and subscriber growth, may also see a 60 basis points (bps) growth in operating profit margin
The preferential allotment comes at a time when Vodafone Idea is trying to catch up with its stronger rivals
Telco expects thousands of new sites by March under partnership with global vendors