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 at Rs 2.5 or Rs 15? Analysts divided after SC's AGR ...
WEB8 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 …
SC rejects telecom firms' pleas on AGR case, Vodafone Idea …
WEB22 hours ago · In a report, investment banking group Macquarie said while Vodafone’s tariff outlook had been improving, without AGR concessions, it would take the company 25-30 years to organically pay back its obligations. Even then, the average revenue per user would need to rise at a compound annual growth rate of 15 per cent, it said.
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 …
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.
SC rejects Vodafone, Airtel curative petition hearing; ₹1.47 ... - Mint
WEB1 day ago · As per the 2019 order of the SC, against which the curative petitions were filed, Vodafone Idea and Bharti Airtel were supposed to have paid ₹ 1.47 trillion in AGR dues to the government. The ...
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 ...
Brokerages flag debt concerns after SC rejects Vodafone Idea's AGR …
WEB11 hours ago · Vodafone Idea’s big problem, even after its FPO and tariff hikes, is its highly stretched balance sheet, with liabilities of Rs 2.5 lakh crore, said brokerages.
Vodafone Idea badly needs the debt it's looking for, says analyst
WEB1 day ago · Vodafone Idea's cash flows could be severely affected by the Supreme Court's rejection of a plea by telcos for re-computation of adjusted gross revenue (AGR) dues, says Balaji Subramanian, Vice President, IIFL Securities. NSE. "The potential relief for Vodafone would have been around ₹35,000 crore that would have resulted in ₹5 per share ...
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 …
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