In September last year SC had directed telcos to pay 10 per cent of their pending AGR dues upfront and pay the rest in annual instalments up to March 31, 2031.
06 Jan 2021
The Covid pandemic and its impact made things worse initially, but the digital explosion has helped boost revenues.
01 Jan 2021
The situation was bad enough by January 2020 (overdues at Rs 96,960 crore) that industry sources began speaking of an assistance package.
27 Dec 2020
Under the programme, discoms were to be extended Rs 90,000 crore in loans by state-run financiers PFC Ltd. and REC Ltd.-subsequently enhanced to Rs 1.2 lakh crore.
05 Dec 2020
The most impactful change for consumers is set to be the new unified tariff system. So far, tariffs had been set depending on how far, or near, the consumer was from the gas source.
28 Nov 2020
As of September 30, 2020, discoms owed gencos a little over Rs 1.26 lakh crore-up 3.7 per cent over the previous month and a whopping 47.5 per cent compared to September last year.
11 Nov 2020
Airtel’s quarterly net loss narrowed to Rs 763 crore from Rs 23,405 crore a year ago, while Vi reported a net loss of Rs 7,218 crore versus Rs 50,922 crore.
05 Nov 2020
According to a Goldman Sachs research note, a Biden-Democratic party win would be “a positive catalyst” for crude prices.
18 Oct 2020
Cabinet approval for gas reforms is a huge boost for private gas producers such as Reliance Industries and Cairn
08 Oct 2020
India may be the world’s pharmacy, but China has long dominated the manufacture of key raw materials used to make pharmaceutical formulations.
30 Sep 2020
In 2014, Vodafone had initiated the proceedings claiming that the tax liability imposed on it violated the principles of equitable and fair treatment under the treaty.
26 Sep 2020
The draft Electricity (Amendment) Bill released by the Centre is facing stiff opposition from stakeholders, with critics stating that making the proposed system viable will be a difficult task.
23 Sep 2020
Vi moved apex telecom disputes tribunal TDSAT and secured a stay on TRAI’s direction in a matter of days, but the court did not halt the probe.
18 Sep 2020
Vodafone Idea Ltd, in a late night filing to BSE on Monday, said the meeting of the board of directors of the company is scheduled on September 4, 2020.
03 Sep 2020
Vodafone Idea may no longer be staring at an immediate, and ignominious, insolvency, but there is no guarantee the ten year timeframe will save it from such a fate down the road.
01 Sep 2020