In October 2019, the Supreme Court had levied Rs 1.47 lakh crore of AGR dues, which included Rs 92,642 crore of licence fees and spectrum usage charges (SUC) of Rs 55,054 crore. A major portion of ...

The proposed move could provide a financial relief of over ₹1 lakh crore to telecom companies, with Vodafone Idea (Vi) set to benefit the most, receiving over half of the relief.

As per the proposal, the government is considering ‘to waive 50% of interest and 100% of penalties and interest on penalties’ ...

The government's proposal to waive some adjusted gross revenue (AGR) dues is seen as beneficial for Vodafone Idea, helping ...

The government has been planning a financial relief package of over ₹82,000 crore for non-telecom firms impacted by the ...

Over the past few weeks, reports surfaced suggesting that the government is considering waiving a bulk of the dues that were levied on companies like Vodafone Idea and Bharti Airtel after the Supreme ...

Adjusted Gross Revenue is a crucial financial metric in India's telecom sector which represents the revenue telecom operators ...

Notably, of the AGR liability of Rs 1470 billion on the telecom sector finalised by the Supreme Court in October 2019, ...

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Combined, Airtel and Vi owe the government around 1.2 lakh crore rupees (around $11.6 billion). Vi, which has been struggling ...

This potential relief, long demanded by the industry, could provide much needed breathing space to cash-strapped operators ...