A week before Supreme Court-mandated deadline for payment of past dues ends, Bharti Airtel chairman Sunil Mittal on Wednesday said that the company has paid Rs 13,000 crore to the government to clear all its dues as per its self-assessment.
Read MoreTelcos pay over Rs 8,000 crore to govt in dues
Vodafone Idea, Bharti Airtel and Reliance Jio on Tuesday paid cumulative over Rs 6,000 crore to the government towards deferred spectrum dues while Tatas said it has deposited another Rs 2,000 crore for ad hoc statutory liabilities.
Read MoreAGR dues: Bharti Airtel pays additional Rs 8,004cr
Telecom operator Bharti Airtel on Saturday said that it has made additional payment of Rs 8,004 crore towards adjusted gross revenue (AGR) dues to the department of telecom (DoT). The payment of Rs 8,004 crore is in addition to Rs 10,000 crore the company paid on February 17, 2020 in compliance to the Supreme Court […]
Read MoreDoT orders telecom companies to clear dues by midnight
The department of telecom (DoT) on Friday ordered Bharti Airtel, Vodafone Idea and others to pay their AGR (adjusted gross revenue) dues by 11:59 pm Friday. The order comes just hours after the SC issued notice to the companies and their directors to explain why contempt proceedings shouldn’t be initiated against them for not paying […]
Read MoreGovt puts Bharti Airtel in denied entry list
The Directorate General of Foreign Trade (DGFT), which is under the ministry, has put the company under this list which is commonly known as blacklist for non-fulfilment of export obligation in respect of certain EPCG authorisation issued to them, they said.
Read MoreDoT orders no coercive action on defaulting Airtel, Voda Idea
On a day when the Supreme Court-mandated deadline for Bharti Airtel and Vodafone Idea to pay Rs 88,624 crore in past dues ended, the department of telecommunications (DoT) on Thursday decided not to take coercive action against defaulters during pendency of their appeals in the apex court for relaxations in the order.
Read MoreGovernment clears 100% FDI in Bharti Airtel
The department of telecom has approved raising of foreign direct investment in Bharti Airtel to 100% from existing 49%, a move that is expected to give flexibility to the loss making company in raising foreign funds. The company also has received an approval from the RBI that allows foreign investors to hold up to 74% […]
Read MoreGovt approves up to 100% FDI in Bharti Airtel
The department of telecom (DoT) has approved raising of foreign direct investment in Bharti Airtel to 100 per cent from 49 per cent allowed earlier, a stock exchange filing of the company said on Tuesday. The company also has the approval of the Reserve Bank of India that allowed foreign investors to hold up to […]
Read MoreTelcos’ plea in SC seeking new payment schedule
The Supreme Court on Tuesday agreed to list next week fresh pleas of telecom firms, including Bharti Airtel, Vodafone Idea and Tata Teleservices, seeking a new schedule of payment of statutory dues to the tune of Rs 1.47 lakh crore to the department of telecommunications.
Read MoreTelcos approach SC seeking time to pay AGR dues
Vodafone Idea, Tata Teleservices and Bharti Airtel have filed an application in the Supreme Court seeking modification of its earlier order and permit them to negotiate the payment schedule with the department of telecommunications (DoT).
Read More‘Pay Rs 1.47L cr’: No SC relief for telcos on dues
The Supreme Court on Thursday dismissed review petitions of top telecom firms including Bharti Airtel and Vodafone Idea seeking review of its order asking them to pay Rs 1.47 lakh cr in past statutory dues by Jan 23. Bharti Airtel, in its plea, had sought review of the directions on aspects of levy of interest, […]
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