Monday, 23 May, 2022
TopicVodafone Idea

Topic: Vodafone Idea

Vodafone Idea reports highest ever net loss by Indian firm of Rs 73,878 cr in FY 2020

The telecom company is due to pay Rs 51,400 crore after the Supreme Court ordered the non-telecom revenues to be included in calculating statutory dues.

Google considers buying 5% stake in Vodafone Idea: Report

Google has big ambitions for India, which has a huge first-time internet user population that serves as a test-bed for innovations in smartphone technology.

Supreme Court refuses to back down on dues of Vodafone Idea, Airtel

Supreme Court said it will consider proposal by Modi government seeking a 20-year payment plan for dues worth Rs 1.4 lakh crore.

This is how the telecom sector was rescued from bankruptcy in 1999

India’s brush with mobile telephony started in the mid-1990s, but the beginning was far from smooth.

Vodafone Idea says will immediately pay Rs 2,500 crore as AGR dues to DoT

The company also said that it will pay another Rs 1,000 crore by Friday and will take further stock of the situation to see how further additional payments can be made.

SC rejects Vodafone’s proposal to pay Rs 2,500 cr debt by today, Rs 1,000 cr by Friday

The DoT calculated that Bharti Airtel, Vodafone Idea & others owe as much as Rs 1.47 lakh crore, while non-telecom firms, with some licence from it, owed Rs 2.65 lakh crore.

Modi govt is open to Airtel, Vodafone pleas for relief on Rs 92,000 crore dues

Stripping out interest from the dues or paying the amount in tranches are some ideas that the government can discuss.

Supreme Court order hurts Vodafone Idea’s shares, could threaten its survival

Following the Supreme Court rejecting Vodafone Idea's plea against paying the govt $4 billion, the companies shares tumbled as much as 39% Friday, the biggest intraday loss on record.

Supreme Court orders telecom companies to pay Rs 92,000 crore to govt

A 3-judge Supreme Court bench rejected an appeal by telecom companies, including Bharti Airtel and Vodafone, which have been struggling to reduce debt.

Vodafone Idea not shutting down. Modi govt can ill afford it

Both Vodafone Idea and Airtel are losing customers at a rapid rate and Reliance Jio is gaining at their expense.

On Camera

YourTurn

Inflation made luxury cars even more expensive but sales remain in fast lane. See Mercedes

For years, the luxury car market in India was biased towards the entry-level. But today, cars below Rs 40 lakh account for the smallest fraction of sales.

World’s $300 trillion in debt. Here’s what it means for services like health, education

To meet debt payments, at least 100 countries will have to reduce spending on essential services, the IMF estimates.

Defence

File photo of a defence personnel armed with a SiG 716 rifle near the Line of Control | Photo: Snehesh Alex Philip | ThePrint

India to ink ‘repeat order’ deal for 73,000 SiG 716 rifles from the US

In February 2019, 72,400 SiG 716 rifles of 7.62 x 51mm calibre were contracted from SIG Sauer Inc, USA, under government's 'Buy (Global) category', through fast track procedure.

Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation

That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.
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