
AGR Dues: Telecoms Seek Relief from Interest, Penalty
Telecom operators, including Airtel & Vodafone Idea, seek waivers on interest & penalties related to AGR dues. Supreme Court rulings impact financial stability. Government considers options.
Telecom operators, including Airtel & Vodafone Idea, seek waivers on interest & penalties related to AGR dues. Supreme Court rulings impact financial stability. Government considers options.
Vodafone Idea seeks AGR dues waiver, faces financial strain. Government stake could rise to 49%. Supreme Court to hear appeal. Telecom competition concerns raised. Key issues: AGR, debt, and survival.
The telecom companies then took the matter to the court again, claiming there were multiple errors in calculating the AGR dues, which exceeded Rs 1 lakh crore.