Telecom companies seek modification in AGR ruling, move SC
The ‘modification’ applications were filed on Monday after the Supreme Court last week rejected the pleas of the three phone companies to review the October 24 verdict that widened the definition of adjusted gross revenue (AGR).
View: A $21 billion telecom war comes down to $2
New Delhi wants nearly $21 billion in back license fees and spectrum usage charges, includin...
Share market update: Telecom shares down; Tejas Network slumps 7%
The S&P BSE Telecom index was trading 0.65 per cent down at 1198.60.
SC agrees to hear telecos plea seeking time to pay AGR dues
DoT may be open to negotiations if telcos pay part of their dues by Thursday.
DoT seeks Rs 48,000 crore from Oil India in telecom dues; company to challenge it in TDSAT
Following a Supreme Court ruling that non-telecom revenues should be included for considering payments of government dues, the Department of Telecommunications (DoT) has asked Oil India to pay Rs 48,000 crore in principal dues together with interest and penalty for using optic fibre network for internal communication.
Bharti Airtel gains 2% on receiving DoT nod for hiking FDI limit
It has received approval for increasing FDI limit in the company to 100% from 49%.
Telecom companies starved for funds, your mobile bill may rise up to 30%
Voda Idea and Airtel, staring at huge payouts as AGR dues, need to raise prices to rebuild financial strength.
Two-player telecom market would be too risky in India: Trai officials
A two-private player duopoly in the telecom market would be too risky in India, especially for the consumers, senior officials at the sectoral watchdog said.
Buy TVS Motor Company, price target Rs 476: Kunal Bothra
The analyst suggested a stoploss at Rs 452.
Nature, government policies set to brighten life for sugar companies
Experts also say the government has been supporting the sector by retaining the minimum sugar price of 31 per kg and encouraging exports.
SC to hear plea of telecom service providers seeking time to pay AGR dues
Supreme Court to hear the plea of telecom service providers seeking time to pay AGR dues amounting to Rs 1.47 lakh crore to the Govt.SC to h...
Share market update: Telecom shares mixed; Vodafone Idea surges 11%
The S&P BSE Telecom index was trading 0.8 per cent up at 1191.
India Inc seeks liquidity boost for NBFCs, HFCs
The CII has also sought a separate classification for systematically important NBFCs with such companies being given easier funding through External Commercial Borrowings (ECBs) and access to temporary funding from the RBI similar to the repo facility used by banks.
Brokerages upbeat on RIL’s retail, telecom businesses, retain ratings
Of the 26 brokerage reports ET studied, eight have increased the price targets on RIL shares while six reduced it after the earnings. Nineteen of the 26 brokerages have a ‘buy’ rating on the stock, with the average price target given at over Rs 1,700.
Fintech companies use Esops to lure top talent
In 2019 alone, fintech startups raised $2.6 billion, the highest ever in any year and double the capital inflow in 2018, as reported by ET earlier. The overall investments in the fintech sector was $7.4 billion in the decade ended 2019.
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