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Revenue
Business  /  Published 22.09.20

Ministry to suspend spending forecasts

Parliament on Tuesday passed amendments to the Banking Regulation Act to bring co-operative banks under the supervision of the RBI, a move aimed at protecting the interest of depositors. The bill repl...
By Our Special Correspondent in New Delhi

Business  /  Published 22.09.20

Reliance Jio starts price war

After unleashing a price war in mobile tariffs and fibre-broadband services, billionaire Mukesh Ambani-led Reliance Jio on Tuesday unveiled postpaid plans, bundling up to 500GB of data and subscriptio...
By PTI in New Delhi

Business  /  Published 21.09.20

Telcos to pay 10% of AGR dues by March

Telecom operators, including Bharti Airtel and Vodafone Idea, which have pending adjusted gross revenue dues will have to pay 10 per cent of the total liability by March 31 irrespective of the part-pa...
By PTI in New Delhi

Business  /  Published 04.09.20

Vodafone to raise Rs 25,000cr to pay AGR dues

Vodafone Idea said on Friday that it would raise up to Rs 25,000 crore in fresh capital as the telecom operator tries to pay off its hefty dues to the government.  The loss-making carrier has be...
By Our Special Correspondent in Mumbai

Business  /  Published 02.09.20

Voda starts funds search

Vodafone Idea, which faces an uphill task of meeting the Supreme Court verdict on adjusted gross revenues (AGR), will consider various fund raising options at a board meet on September 4. In a late e...
By Our Special Correspondent in Mumbai

Business  /  Published 01.09.20

SC gives partial relief on AGR

The apex court considered the plea of the operators to pay over 20 years as too long. “The arrears have accumulated for the last 20 years. It is also to be noted that some of the companies are ...
By Our Legal Correspondent in New Delhi

Business  /  Published 01.09.20

Concern over Vodafone future

The telecom sector is set to witness a significant churn, with mobile tariffs going up while the impact on cash flows could result in the “collapse of Vodafone Idea” and the market could m...
By Our Special Correspondent in New Delhi

Business  /  Published 01.09.20

Telecom: 10 years to pay AGR dues

The Supreme Court on Tuesday granted 10 years to telecom firms such as Vodafone Idea, Bharti Airtel and Tata Teleservices for paying the Adjusted Gross Revenue (AGR)-related dues to the Department of ...
By Our Bureau and Agencies in New Delhi

Business  /  Published 31.08.20

Deficit overshoots budgeted target

The country’s fiscal deficit overshot the budgeted target for the current financial year within four months (April-July), mainly on account of the impact of lockdown on revenue collections. Acc...
By Our Special Correspondent in New Delhi

Business  /  Published 30.08.20

Telecom earnings seen to rise

The telecom industry’s revenues are expected to rise 14-15 per cent in the current financial year, led by some uptick in average revenue per user, though the subscriber base may remain flat with...
By PTI in New Delhi


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