Vodafone Idea's ghost of dues is back to haunt struggling telco
Sep 19, 2024 · Vodafone Idea’s AGR dues were estimated to plunge almost 46% to around Rs 38,400 crore if it had got relief on its curative petition filed in the Supreme Court, as per analysts. Analysts had estimated that a near 50% cut in the company's AGR liability could reduce its upcoming annual payments by around Rs 6,500 crore after the current ...
SC rejects telecom firms' pleas in AGR case; Vi shares plunge 10%
Sep 19, 2024 · In a major setback for telecom companies, the Supreme Court on Thursday dismissed a batch of curative petitions filed by telecom giants, including Vodafone Idea (Vi) and Bharti Airtel, in the ongoing Adjusted Gross Revenue (AGR) dispute.
AGR case: Vodafone Idea shares at day's low ahead of Supreme …
Aug 30, 2024 · Shares of Vodafone Idea Ltd. traded in the red on Friday as the Supreme Court considers hearing the debt-laden telco's curative petition in the Adjusted Gross Revenue (AGR) case today (August 30).
Vodafone Idea calls urgent investor meeting after AGR ruling …
Sep 20, 2024 · Vodafone Idea has called an emergency meeting with investors and analysts on September 23 to address ‘recent events’, the telecom giant revealed in a stock exchange filing.
Vodafone Idea begins fresh talks with govt on AGR dues: CEO …
Sep 23, 2024 · Vodafone Idea (Vi) has begun a “fresh dialogue” with Centre to resolve the Adjusted Gross Revenue (AGR) dues issue, CEO of the telecom major Akshaya Moondra told analysts on Monday, asserting that the long-term business plans and revival strategy of the company remain “unaffected” from the curative petition outcome.
Vodafone Idea’s AGR dues to plunge 46% if SC verdict on …
May 20, 2024 · Vodafone Idea's AGR dues may drop by 46% to Rs 38,400 crore with relief on curative petition, analysts say. Vi seeks waiver of penalty component in AGR demand. Payment reduction could provide cash flow relief, but challenges remain with significant payouts ahead.
Vodafone Idea shares muted as Supreme Court considers petition in AGR …
Aug 30, 2024 · Vodafone Idea's curative petition in the AGR case seeks three main reliefs: correcting arithmetic and clerical errors in the AGR demand; requesting the penalty be limited to 50 percent of the...
AGR dues: SC to hear Bharti Airtel, Vodafone Idea’s curative pleas ...
Aug 30, 2024 · The Supreme Court of India (SC) will today (August 30) hear curative petitions filed by telecom giants Bharti Airtel and Vodafone Idea in the adjusted gross revenue (AGR) case, NDTV Profit...
Vodafone Idea's curative plea in AGR case scheduled for SC
Aug 28, 2024 · Vodafone Idea's curative plea in the AGR case seeks three key reliefs. First, it requests the correction of arithmetic and clerical errors in the computation of the AGR demand. Second, the plea seeks a direction to pay a penalty amounting to …
Vodafone Idea shares fall most since January 2022 after AGR dues ...
Sep 19, 2024 · Shares of Vodafone Idea declined as much as 19% on Thursday, the most in a single day since January 2022, after the Supreme Court upheld the Adjusted Gross Revenue ruling against the telecom companies and upheld the quantum of the AGR demand.