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Birla meets telecom secy as Voda Idea stares at over Rs 53,000 cr AGR dues

Vodafone Idea on Monday paid Rs 2,500 crore to DoT and promised to pay another Rs 1,000 crore before the end of the week. Amid talks of the government mulling encashing of bank guarantee over......

With SC's strict order, is it all over for Voda-Idea?

Vodafone Idea’s net worth (or shareholders’ equity) was down 73 per cent year-on-year to around Rs 17,600 crore at the end of the December 2019 quarter after the company reported a net......

After SC rap, DoT orders telcos to clear dues by midnight

While in all, 15 entities owe the government Rs 1.47 lakh crore -- Rs 92,642 crore in unpaid licence fee and another Rs 55,054 crore in outstanding spectrum usage charges, it is not immediately......

Vodafone says it has sought 10 years to pay AGR principal

VIL, in which Vodafone holds 45.39 per cent stake, is staring at unpaid statutory dues of Rs 53,038 crore, including Rs 24,729 crore of spectrum dues and Rs 28,309 crore in licence fee, and has......

Vodafone crisis spills over into mutual fund schemes

Experts say the impact on the schemes’ NAVs may vary in the coming days, depending upon how fund houses treat the developments on VIL and whether there are any further rating downgrades or......

Telly stars bid goodbye to Rita Bhaduri

A last salute to Rita Bhaduri. Television and movie personalities paid homage to Rita Bhaduri who passed away on July 17. A prayer service for the beloved actress was held on Sunday, July 22, at......

Rita Bhaduri passes away

The actress was 62. Rita Bhaduri passed away on Tuesay, July 17. She was 62. Bhaduri was working in Star Bharat's television show Nimki Mukhiya, where she played a grandmother. Actor Shishir......

She's the mom in Secret Superstar. And she's just 31 years old.

'I’m not like Najma at all.' 'I have never taken a beating from my husband and I’m not so optimistic and patient.' 'I am not calm. I am very restless, anxious, hyper...' Secret......

'Television has become mindless trash'

'Movie tickets cost Rs 500, 600 on weekends. Why would someone want to watch Ananth Mahadevan and Saurabh Shukla in Staying Alive instead of Shah Rukh Khan for Rs 300 in Happy New Year?' 'It's a......

'Television has become mindless trash'

IPL: Daredevils look to avenge defeat to Knight Riders

IMAGE: Delhi Daredevils' Imran Tahir celebrates with teammates after taking a wicket. Photograph: BCCI A steadily improving Delhi Daredevils look all set to challenge the might of title contenders......

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Kumar Mangalam Birla meets Telecom Secy as Voda Idea stares at over Rs 53,000 cr AGR dues

Birla refused to respond to queries on whether or not Vodafone Idea Ltd (VIL) would default on payment of AGR dues or if the company could head... ...

https://www.moneycontrol.com/news/business/kumar-mangalam-birla-meets-telecom-secy-as-voda-idea-stares-at-over-rs-53000-cr-agr-dues_13508541.html

Report

Vodafone Idea Ltd (VIL) has a cash balance of just $1.8 billion against its Adjusted Gross Revenue (AGR) liability of $6.3 billion, while that of Bha ...

https://www.thehindubusinessline.com/info-tech/vodafone-ideas-cash-balance-is-just-18-billion-agr-liability-of-63-billion-report/article30851221.ece

Bharti pays Rs 10,000 cr to DoT, Motilal Oswal raises price target to Rs 650

Given the adverse situation for VIL, Reliance Jio and Bharti could gain disproportionately, says Motilal Oswal. ...

https://www.moneycontrol.com/news/buzzing-stocks/bharti-pays-rs-10000-cr-to-dot-motilal-oswal-raises-price-target-to-rs-650_13503261.html

Bharti Airtel faces high costs, isolation if Vodafone Idea exits

Without VIL, Bharti Airtel would lose out on benefits of shared towers infrastructure, which could lead to an increase of at least 15% in network... ...

https://economictimes.indiatimes.com/markets/stocks/news/bharti-airtel-faces-high-costs-isolation-if-vodafone-idea-exits/articleshow/74145031.cms

Vodafone Idea shares tank nearly 19 per cent

Shares of Vodafone Idea (VIL) on Friday tumbled nearly 19 per cent after the company reported a widening of losses to Rs 6,438.8 crore in the third qu ...

https://www.thehindubusinessline.com/markets/stock-markets/vodafone-idea-shares-tank-nearly-19-per-cent/article30818399.ece

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