Vodafone Idea calls urgent investor meeting after AGR ruling …
WEB6 hours ago · Vodafone Idea, a joint venture between the UK’s Vodafone Plc and India’s Aditya Birla Group, has been grappling with a monumental financial burden. As of March 31, 2024, the company owes a staggering Rs 2,03,430 crore to the government, including Rs 1,33,110 crore in deferred spectrum payments and Rs 70,320 crore in AGR liabilities.
Vodafone Idea's ghost of dues is back to haunt struggling telco
WEB1 day ago · Vodafone Idea’s AGR dues were estimated to plunge almost 46% to around Rs 38,400 crore if it had got relief on its curative petition filed in the Supreme Court, as per analysts. Analysts had estimated that a near 50% cut in the company's AGR liability could reduce its upcoming annual payments by around Rs 6,500 crore after the current ...
Vodafone Idea to brief analysts, investors on AGR verdict on …
WEB3 hours ago · The announcement comes just a day after the Supreme Court dismissed petitions from several telecom operators, including Vodafone Idea and Bharti Airtel, concerning the re-computation of Adjusted Gross Revenue (AGR) dues. The judgement had permitted the Department of Telecommunications (DoT) to include all non-telecom revenue in calculations of AGR.
Vodafone Idea at Rs 2.5 or Rs 15? Analysts divided after SC's AGR ...
WEB12 hours ago · On its part, Vodafone Idea said its 'self-assessed' AGR due stood at Rs 21,533 crore as against the DoT's estimate of Rs 58,300 crore. Thus far, the debt-laden company has paid Rs 7,900 crore. More From This Section. Stock Market LIVE Updates: Markets at record high; Sensex jumps 1,000 pts to …
Vodafone Idea calls investor meet amid panic on D-Street due to …
WEB7 hours ago · Vodafone Idea has scheduled a meeting with investors and analysts on September 23 to discuss recent events. This follows the Supreme Court's rejection of pleas by telecom companies, including Vodafone Idea, regarding Adjusted Gross Revenue (AGR) dues. The ruling is a significant setback for Vodafone Idea, which owes substantial amounts to the government.
Big blow for telcos as SC rejects AGR re-computation plea; Vi …
WEB1 day ago · Vodafone Idea's burden has now increased to Rs 70,320 crore as of FY24. The Supreme Court on Thursday rejected a batch of pleas by various telecom companies including Vodafone Idea and Bharti Airtel, in the re-computation of Adjusted Gross Revenue (AGR) case. The curative petitions by Indian …
Vodafone Idea shares fall most since January 2022 after AGR dues ...
WEB1 day ago · Shares of Vodafone Idea have declined as much as 6% on Thursday after the Supreme Court upheld the Adjusted Gross Revenue ruling against the telecom companies and upheld the quantum of the AGR demand. Vodafone Idea's AGR dues currently stand at ₹70,300 crore. This is a developing story. Shares …
Brokerages divided on Vodafone Idea after SC verdict on AGR …
WEB10 hours ago · Vodafone Idea shares hit 52-week low after SC verdict on AGR dues, brokerages divided on future prospects.
Vodafone Idea to share updates on current AGR situation in
WEB8 hours ago · Vodafone Idea to share updates on current AGR situation in an analyst call. Nomura upgraded Vodafone Idea to "buy" from its earlier rating of "neutral" but left its price target unchanged at ₹15 per share. Vodafone Idea Ltd. informed the exchanges that its senior management will hold a conference call on …
Vodafone Idea Schedules Urgent Investor Call On September 23 …
WEB4 hours ago · Telecom major Vodafone Idea Ltd. has called for an urgent meeting with investors and analysts, scheduled for Monday, September 23, 2024. "Vodafone Idea Limited will host a conference call with its ...
- Some results have been removed