• SENSEX
    NIFTY 50
Telecom

Setback for Vodafone Idea and Bharti Airtel as Supreme Court dismisses AGR review petitions

Updated : January 17, 2020 07:44 AM IST

Telecom firms are supposed to pay Rs 92,000 crore in dues by January 23 following the court order in October last year.
The Supreme Court had ordered telecom firms, including Bharti Airtel Ltd and Vodafone Idea Ltd, to pay the government as much as Rs 92,000 crore ($13 billion) in dues, which include penalties and interest.
Bharti Airtel said it's disappointed as the company believed the long-standing disputes raised regarding the AGR definition were bonafide and genuine.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV