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 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.
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.
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.
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.
A 3-judge Supreme Court bench rejected an appeal by telecom companies, including Bharti Airtel and Vodafone, which have been struggling to reduce debt.
Migration in North India isn’t just due to lack of development today. It was shaped by the evolution of labour markets under Sher Shah, Mughals, and the East India Company.
December oil imports from Russia may drop nearly 50%, but Indian buyers already shifting to non-designated Russian entities and opaque trading channels to keep Russian oil flowing.
New Delhi is interested in firming up bilateral agreements for increased trade, mobility, upgrade of Su-30 MKI fighters and the increased range of BrahMos supersonic missiles.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
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