The move suggested by telcos, if executed, will bring in additional revenues of Rs 22,077 crore from Bharti Airtel, Vodafone Idea, and the Tatas in this fiscal year
Earlier this month, the telecom company introduced a Rs 279 prepaid plan, with Rs 4 lakh insurance cover from HDFC Life
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
Jio had not been party to the review petition and had a different stance on the matter
Telcos discuss giving January 24 deadline a miss
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
Bharti Airtel, Vodafone Idea Ltd, Tata group want to negotiate with telecom department on the timeframe for paying dues
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
The Supreme Court on Thursday dismissed review petitions of top telecom firms including Bharti Airtel and Vodafone Idea seeking review of its earlier order asking them to pay Rs 1.47 trillion
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
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
No scope for reworking repayment obligations unless there is a default, they say
The rules around curative petition are fairly tight as the petitioner has to establish that there was a genuine violation of principles of natural justice, say analysts
The partnership will enable Amazon.in customers to choose their nearest Vodafone store as a pick-up point to collect their packages at a convenient time
Vodafone Idea is required to pay Rs 53,038 crore to the government as per the Supreme Court order which came in October
Jio is adding 8-9 million customers every month, so hitting the magic number could take 16-18 months
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