Bharti Airtel , Vodafone Idea and Tata Teleservices to file plea in SC today for time to pay AGR dues
Vodafone Idea, along with some 14 telcos, need to pay about Rs1.47 lakh crore to the telecom department by a Supreme Court (SC)-mandated deadline of January 23.
Share market update: Telecom shares up; Vodafone Idea climbs 6%
The S&P BSE Telecom index was trading 1.11 per cent up at 1172.40.
LTTS sees a way to revival in telecom, hi-tech business
The Bengaluru-based engineering services provider forecast better performance in the ...
Stocks in news: Jindal Steel, L&T tech, Lupin and PNC Infa
Here are the top stocks that are likely to be in focus in today's trading.Stocks in news: Jindal Steel, L&T tech, Lupin and PNC Infa
Telecom companies starved for funds, your mobile bill may rise up to 30%
Analysts expect private telcos to leverage the fall in consumer-level telecom spends to 0.73% of GDP in the September quarter of FY20 from 1.25% just over three years ago, saying the scenario offers adequate headroom to push through a second round of price hikes.
Stocks in the news: RIL, HDFC Bank, Lupin, TCS, Kotak Bank, HCL Tech and Just Dial
Moody's Investors Service placed YES Bank's long-term foreign currency issuer rating of B2 under review.
Lenders hope government steps in to prevent AGR from becoming Voda Idea's breaking point
Banks have no liability to telecom companies linked to the AGR order because these do not form a part of the guarantees they have given. However, any cash outflow due to these payments could severely dent debtheavy service providers such as Vodafone Idea.
Share market update: Telecom shares mixed; Vodafone Idea plunges 25%
The S&P BSE Telecom index was trading 0.34 per cent up at 1146.37 .
TRAI extends deadline for views on floor rates
The Telecom Regulatory Authority of India (Trai) has extended timeline for receiving comments over its consultation paper which seeks views on fixing a floor price for voice and data services on telecom networks. The deadline for filing comments and counter comments has been extended till February 28 and March 13, respectively.
DoT examining if January 23 legal deadline for AGR payment applies to non-telecom PSUs
Telcos Airtel and Vodafone Idea are legally bound to comply with the payment timelines stipulated by the SC.
News broadcasters meet FM Sitharaman, seek parity in GST with print media
Executive body members of the News Broadcasters Federation have met Finance Minister Nirmala Sitharaman and requested that TV news channels be treated at par with the print media industry under GST regulations.
Telecom, retail help Reliance offset modest energy gains
Earnings growth was 5 per cent higher than consensus quarterly EPS estimates.
Share market update: Telecom shares advance; MTNL jumps 5%
The S&P BSE Telecom index was trading 0.67 per cent up at 1142.93 .
Telecom dues: Curative petitions rarely admitted, say analysts
The top court dismissed review petitions filed by telcos against its October 24, 2019 order that asked for inclusion of non-telecom revenues for calculating AGR. Dues, which total to Rs 1.47 lakh crore for 15 telecom companies including Airtel and Vodafone Idea Ltd (VIL), as per the October order, have to be paid by January 23.
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