Vodafone Idea wants 7-8 times hike in mobile data tariffs To Pay AGR Dues To Telecom Department

Vodafone Idea has demanded fixing minimum tariffs for mobile data at Rs 35 per GB, around 7-8 times of current prices, and for calls at 6 paise per minute along with monthly charges from April 1 to enable it pay statutory dues and make its…

Tata Group refuses to pay Rs 13,823 cr AGR dues; says already cleared Rs 2,197 cr paid: Report

Tata executives have conveyed that they “do not have to pay anything more towards AGR”. They added the calculations were confirmed via an internal assessment, which was further verified by an independent consultant The Tata Group have categorically denied it owes Rs 13,823 crore in…

Vodafone Idea shares rally over 50% in two days; here’s why

Vodafone Idea’s shares have so far this year plunged 51 percent till yesterday, massively underperforming the Sensex which is down nearly 1 percent. Vodafone Idea shares surged in afternoon trades on the back of heavy trading volumes. The shares surged as much as 48 percent…

UP Budget 2020-21: Yogi Adityanath Government Presents Rs 5 Lakh Crore UP Budget

The budget, the size of which is Rs 33,159 crore more than the last year’s budget, has provisions worth Rs 10,967.87 crore for new schemes. Finance Minister Suresh Kumar Khanna presented the budget in the presence of Chief Minister Yogi Adityanath. The Uttar Pradesh government…

Income Tax: Nirmala Sitharaman’s big announcement on the timeline to remove I-T exemptions

Income Tax new slabs: On the removal of all exemptions, she said that the government has not made up its mind as yet and is trying step by step to move forward. Finance Minister Nirmala Sitharaman had made a big announcement on the move to…

Vodafone Idea says it will pay AGR dues, continuation of business depends on SC order

The liability of Vodafone Idea Ltd (VIL) is estimated to be around Rs 53,038 crore, including Rs 24,729 crore of spectrum dues and Rs 28,309 crore in licence fee. Debt-ridden telecom operator Vodafone Idea on Saturday said it is assessing the amount that can be…

Nirmala Sitharaman: Govt seeks to engage itself with businesses, industries

She was interacting with the members of trade and industries here, a week after presenting the Union Budget for 2020-21 in Parliament on February 1. Union Finance Minister Nirmala Sitharaman on Sunday said that the government wants continuous engagement with industries and businesses and will…