AGR, India
India's top court rejects telcos' plea on dues owed to govt; shares slump
India's top court on Thursday rejected a request by telecom companies to recalculate the dues they owed the government, sending shares of debt-saddled Vodafone Idea and its peers down. Analysts at ICRA estimate that Vodafone Idea and Bharti Airtel owe 1 trillion rupees ($12 billion) in past dues,
Supreme Court rejects telcos' plea to recalculate dues owed to government: Report
The companies in a last-resort petition against a similar 2021 ruling argued the telecom department made errors in calculating adjusted gross revenue (AGR) dues
Supreme Court dismisses petitions by telcos against AGR dues computation
The curative petitions were filed by Vodafone India, Bharti Airtel, and others, challenging a 2019 verdict mandating payment of Rs 92,000 crore to the government within three months.
India's Supreme Court rejects telcos' plea to reconsider fees owed to govt, NDTV Profit reports
India's Supreme Court rejected a request by telecom companies including Vodafone Idea and Bharti Airtel to correct alleged errors in calculating the license fee they owe to the government, television channel NDTV Profit reported on Thursday.
Big blow for telcos as SC rejects AGR re-computation plea; Vi shares crash
The Supreme Court has dismissed pleas by telecom giants Vodafone Idea and Bharti Airtel to re-compute Adjusted Gross Revenue (AGR) dues. The companies sought corrections in the AGR calculations, a penalty reduction,
Government to investigate EY India employee's death
India, Bangladesh
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India markets regulator bars Axis Capital from acting as banker for new debt issues
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Sunita Williams' village in India prays for her safe return
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India recovers to 88-3 at lunch after losing early wickets against Bangladesh
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Encourage women for higher education to make India developed by 2047: Murmu
President Droupadi Murmu on Thursday said women need to be encouraged to pursue higher education and become independent to ...
Sport Dominates as India’s Premium Streaming Market Recovers to Reach $1 Billion Half-Year Revenues, Says Report
Revenues from India’s premium video-on-demand sector surged by 38% to generate $1.04 billion in the first half of this year, ...
Dancing, drums and rituals: with zeal and joy, India celebrates Hindu festival Ganesh Chaturthi
Huge swarms of devotees gathered across India this month to celebrate the Hindu festival Ganesh Chaturthi, marking the birth ...
FiercePharma53m
Granules India scolded over truckloads of torn manufacturing documents after recent FDA inspection
From truckloads of torn documents to avian incursions in the production plant, Granules India’s recent manufacturing ...
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India may become third largest economy by 2031 — S&P Global
India's ability to join the world's top three economies is underpinned by the country's vibrant and competitive equity markets, thanks to strong growth prospects and better regulation, the report ...
India's IIFL Finance says cenbank lifts curbs on its gold loan business
IIFL Finance said on Thursday that India's central bank has lifted the restrictions on the company's gold loan business, in ...