The Supreme Court will hear Vodafone Idea’s plea on September 26 seeking to quash the DoT’s fresh Rs 5,606 crore AGR demand for FY 2016-17. The operator argues that the dues were crystallised by the 2019 verdict, amid government-backed resolution efforts
Though belated, the big-ticket relief package unveiled by the NDA government will, hopefully, provide a lifeline for the beleaguered telecom sector. Allowing 100% foreign direct investment (FDI) under the automatic route and a four-year moratorium on payment of dues by telecom companies form the core of the package. For a sector that has been in […]
