Page 64 - Vodafone Idea
Voda Idea: As threat of closure looms, Kumar Mangalam Birla meets DoT secy
Sources said a Cabinet meeting scheduled for Wednesday would discuss the telecom issue
 "Voda Idea: As threat of closure looms, Kumar Mangalam Birla meets DoT secy")
UTI MF, Nippon India MF side pocket Vodafone Idea exposure of Rs 413 cr
In December 2018, regulator Sebi had permitted mutual funds to create segregated portfolios, or side-pocketing, with respect to debt and money market instruments
 "UTI MF, Nippon India MF side pocket Vodafone Idea exposure of Rs 413 cr")
Market Wrap, Feb 18: Indices off day's low, Sensex ends 161 pts lower
Ailing telecom player Vodafone Idea slipped over 11 per cent to Rs 2.91 apiece on the BSE after the Supreme Court dismissed its plea seeking relief from revocation of its bank guarantee
 "Market Wrap, Feb 18: Indices off day's low, Sensex ends 161 pts lower")
Vodafone Idea default can raise India's fiscal deficit by 40 bps
The social impact of this could be worse as 300 million subscribers may face the annoyance of network shutdown and churn
 "Vodafone Idea default can raise India's fiscal deficit by 40 bps")
Vodafone Idea declines 15% on credit rating downgrade; tanks 44% in 7 days
The stock was trading close to its all-time low price of Rs 2.61 touched on November 15, 2019.
 "Vodafone Idea declines 15% on credit rating downgrade; tanks 44% in 7 days")
Telcos expect ARPU to more than double by 2021; steep hike in bills likely
Clearly with the financial stress of telcos getting aggravated with the large imposts that they have to fork out due to the AGR order immediately, much of the bill will have be passed on to customers.
 "Telcos expect ARPU to more than double by 2021; steep hike in bills likely")
Top 10 biz headlines: Vodafone Idea on the brink, Mistry moves SC, and more
In a day of twists and turns, the government received Rs 14,697 crore from three companies out of the telecom sector's total dues linked to adjusted gross revenue estimated at Rs 1.47 trillion
 "Top 10 biz headlines: Vodafone Idea on the brink, Mistry moves SC, and more")
Market Ahead, February 18: All you need to know before the Opening Bell
Reliance Industries has said it is consolidating its media and distribution business spread including TV18 Broadcast, Hathway Cable & Datacom, DEN Networks into Network18
 "Market Ahead, February 18: All you need to know before the Opening Bell")
Care downgrades rating on Vodafone Idea's long term bank facilities, NCDs
It also takes cognizance of recent losses suffered by the company in the quarter ended December
Market Wrap, Feb 17: Sensex 202 pts lower; Nifty ends at 12,046
Vodafone Idea ended over half a per cent lower at Rs 3.42 after jumping around 19 per cent in the early trade
 "Market Wrap, Feb 17: Sensex 202 pts lower; Nifty ends at 12,046")
Vodafone Idea erases morning gains, ends flat after SC refuses its proposal
The Supreme Court had on Friday dismissed the petitions of Bharti Airtel and Vodafone Idea seeking a staggered option to pay their AGR-related dues
SC refuses to accept Vodafone Idea's proposal to pay Rs 2,500 cr by today
A bench headed by Justice Arun Mishra declined to accept the proposal given by senior advocate Mukul Rohatgi, appearing for Vodafone
 "SC refuses to accept Vodafone Idea's proposal to pay Rs 2,500 cr by today")
AGR verdict: Data could be the new Onion, Mr Ravi Shankar Prasad
The need of the hour could be to let Vodafone-Idea continue with the business providing them an extended rope to make the payments over a period of time, than to kill the "goose"
 "AGR verdict: Data could be the new Onion, Mr Ravi Shankar Prasad")
Market Ahead, February 17: Top factors that could guide markets this week
According to report, telecom operators Bharti Airtel, Vodafone Idea and Tata Teleservices are likely to make payment for the adjusted gross revenue dues today
 "Market Ahead, February 17: Top factors that could guide markets this week")
Vodafone Idea to pay AGR dues, but raises going concern issue again
Telco provides no clarity on amount, says assessment in next few days
 "Vodafone Idea to pay AGR dues, but raises going concern issue again")
AGR case: Vodafone Idea proposes to pay statutory dues in next few days
Vodafone Idea said that the company's ability to continue as a going concern will depend on a favourable order on its modification plea filed before the apex court
 "AGR case: Vodafone Idea proposes to pay statutory dues in next few days")
AGR: Vodafone Idea proposes to pay government dues in a few days
Vodafone Idea said the continuation of business in India will depend on favourable order on its modification plea filed before the apex court
Dispute between DoT and telcos over AGR definition took turn in 2007
In 2007-8, Telecom Disputes Settlement and Appelate Tribunal had narrowed the scope of AGR. Following this, the then UPA government went into an appeal
 "Dispute between DoT and telcos over AGR definition took turn in 2007")
Tata Sons to take Rs 74,000 cr hit on group's foray into telecom biz
Holding firm to pick up Rs 14,000 cr AGR tab of Tata Tele, which only has Rs 200 cr of cash surplus as on Dec 2019
 "Tata Sons to take Rs 74,000 cr hit on group's foray into telecom biz")
AGR case: DoT officer who faced SC's wrath issued order after senior's nod
He had issued an order saying no coercive action should be taken to recover Adjusted Gross Revenue (AGR) dues from telecom firms after expiry of the deadline set by the apex court
 "AGR case: DoT officer who faced SC's wrath issued order after senior's nod")