Vi’s AGR Fees Reduced, Bharti Airtel Seeks Reassessment
Vi's AGR dues cut by 27%, easing cash flow and opening fundraising. Bharti Airtel may seek reassessment. Government converted dues into equity, increasing its stake in Vi.
Airtel Seeks AGR Relief After Supreme Court Order
Bharti Airtel seeks government relief on AGR fees after a Supreme Court order allowing reconciliation of pending dues beyond FY17. Airtel will approach the government to discuss the matter and dues of ₹38,604 crore.
Vodafone Idea AGR Case: Supreme Court Allows Reassessment
Supreme Court allows reassessment of Vodafone Idea's AGR fees, boosting the telecom operator facing financial strain. Government's equity infusion and consumer protection are key factors. Shares surge on the news.