Section

Big blow for telcos as SC rejects AGR re-computation plea; Vi shares crash

By Economic Times - 17 hours ago
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, and interest rate adjustments. Vodafone Idea's burden has now increased to Rs 70,320 crore as of FY24.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.