Vodafone Idea calls urgent investor meeting after AGR ruling …
WEB12 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 ...
AGR ruling setback: Vi calls investor meet on Monday
WEB3 hours ago · Once the moratorium on AGR and spectrum dues ends in September 2025, Vodafone Idea will need to pay Rs 29,100 crore by the end of March 2026, and Rs 43,000 crore annually from FY27 till FY31.
Vodafone Idea to brief analysts, investors on AGR verdict on …
WEB8 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 calls investor meet amid panic on D-Street due to …
WEB13 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.
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 …
Vodafone Idea shares fall up to 20% on SC’s AGR plea rejection.
WEB1 day ago · Shares of Vodafone Idea on Thursday crashed 20% to its 52-week low of Rs 10.33 on BSE after the Supreme Court rejected a plea to re-calculate the Adjusted Gross Revenue (AGR) dues and investors are now fearing more downside in the coming days. The apex court reaffirmed its decision on the AGR ruling against telecom companies, maintaining the full amount of the AGR demand, which translated into ...
SC rejects telecom firms' pleas in AGR case; Vi shares plunge 10%
WEB1 day ago · The Supreme Court’s rejection of the curative plea is a severe blow to Vodafone Idea. In 2019, the apex court confirmed the AGR demand raised by the DoT, imposing a financial burden of Rs 58,000 crore on Vi. With the addition of interest, this liability has escalated to Rs 70,320 crore as of the end of FY24.
Vodafone Idea to share updates on current AGR situation in
WEB13 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 …
WEB9 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 ...
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