Categories
Business

AGR: Socialist SC wants PSUs to be treated with kid gloves

Does being late in asking for the payment from GAIL India, Oil India, Powergrid Corporation of India, Gujarat Narmada Valley Fertilizers and Chemicals and DMRC change the definition of AGR?

Categories
Economy

ICRA says AGR stressing, confusing telecom industry

The pressure of AGR dues has stressed the telecom companies financially, ICRA observed, adding the 20-year lenience has caused confusion

Categories
Business

AGR payments from telcos enrich govt by Rs 8,000 crore

There are still differences in the AGR assessments by the government and those by the companies from which their own calculations were sought

Categories
Business

Mittal: Telecom industry heavily taxed, in crisis for 3 years

Sunil Mittal said Bharti Airtel was committed to abiding by the Supreme Court order on AGR and that the company would pay the balance soon

Categories
Business

Vodafone-Idea: We’re paying up but our future depends on SC

Vodafone-Idea promoters Britain’s Vodafone Group and India’s Aditya Birla Group said that the company would shut down without this relief

Categories
Business

Supreme Court says ‘better to leave India’ due to delay in AGR payment

A desk officer in the DoT had written to the A-G that the Supreme Court order on AGR need not be complied with until another order

Categories
Business

Telecom cos may pay spectrum instalment 2 yrs later

This is not a bail-out package; the government has merely allowed the telecom companies to pay their dues later, leaving AGR untouched