Big Setback To Airtel, Vodafone As Supreme Court Rejects Curative Plea Against AGR Dues
Telcos moved Supreme Court claiming that there were multiple errors in the computation amounting to over Rs 92000 crores.
Indian telecom carriers tussle with government over licence fees
India's Supreme Court on Thursday rejected a request by telecom companies including Vodafone Idea and Bharti Airtel to recalculate how much they owe the government in licence fees. The long-standing issue has whittled away at debt-ridden Vodafone's cash flow and threatened its survival in the Indian telecom market which is dominated by Airtel and Reliance Industries' Jio.
Indian Telecom Stocks Tumble as Top Court Rejects Plea on Dues
Shares of Indian wireless carriers plunged on Thursday after the country’s top court rejected the firms’ request to re-calculate about $13 billion of past dues that they owe to the government.
Supreme Court rejects telcos' AGR review plea, shares slump
Supreme Court on Thursday turned down a request by telecom companies including Vodafone Idea and Bharti Airtel to recalculate the amount they owe the government in licence fees. This has come to the fore in a court order.
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,
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,
Bharti Airtel is 4th company in India to hit a market cap of Rs 10 trillion
Bharti Airtel’s market capitalisation crossed Rs 10 trillion for the first time during intraday trade on Thursday. At the end ...
Bharti Airtel market cap nears ₹10 lakh crore, stock gains 62% in 2024, adds ₹3.7 lakh crore
Bharti Airtel’s stock has surged 62% this year, pushing its market capitalization to ₹9.7 lakh crore. Analysts anticipate ...
ndtvprofit8h
Bharti Airtel Gets 'Outperform', Target Price Hike From CLSA
Bharti Airtel’s data center subsidiary—holds a 25% market share and plans to triple India’s data center capacity by 2028, the ...
Setback for Vi, Airtel as SC rejects pleas on AGR dues
The Supreme Court has dismissed curative petitions by telecom companies like Vodafone Idea and Bharti Airtel, seeking relief ...
cnbctv189h
Bharti Airtel becomes 4th Indian company to achieve ₹10 lakh crore in market capitalisation
The stock of Bharti Airtel rallied more than 3% in Thursday’s trade, taking the year-to-date gains to 62%. In comparison, the ...
Bharti Airtel share are up by 0.91%, Nifty up by 0.53%
On the last trading day, Bharti Airtel opened at ₹1646.65 and closed at ₹1667.70. The stock reached a high of ₹1679.20 and a ...
Bharti Airtel falls Wednesday, underperforms market
Shares of Bharti Airtel Ltd. 532454 inched down 0.53% to 1,652.65 Indian rupees Wednesday, on what proved to be an all-around ...
Bharti Airtel becomes 4th listed company to cross Rs 10 trillion market cap
The combined market cap of Bharti Airtel (Rs 9.52 trillion) and Bharti Airtel's partly paid shares (Rs 49,526 crore) touched ...
Bharti Airtel’s B2B arm, Cisco launch network management solution for enterprises
We are thrilled to announce the launch of our revolutionary network solution for enterprises in the country, in partnership ...
Bharti Airtel's $1 Billion 4G Upgrade To Boost Coverage And Transition Feature Phone Users: Report
The telecom industry plays a important role in connecting people and businesses across globally. In a recent major ...
Bharti Airtel outperforms competitors on strong trading day
Shares of Bharti Airtel Ltd. 532454 advanced 1.59% to 1,661.45 Indian rupees Tuesday, on what proved to be an all-around ...