Shares of Vodafone Idea declined nearly 39% to Rs. Three.Sixty six, after the country’s apex courtroom reportedly disregarded the overview pleas filed by means of them in the AGR dues case.
The Supreme Court on January sixteen, disregarded pleas filed by using Bharti Airtel and Vodafone Idea to check its earlier judgment that had asked telecom operators to pay their outstanding dues to the government. The assessment petitions have been filed to seek remedy on hobby and penalty payments in connection to the authorities. The overview petitions have been filed to seek alleviation on interest and penalty payments in connection to the decision on Adjusted Gross Revenue (AGR). The deadline for telecom corporations to satisfy the license charge dues as in keeping with the apex court docket’s AGR judgement is January 23, 2020.
Bazaarinformation team has many years of experience, covering the physical and future commodities markets with prominent commodity & equity trading advising which shines further with extensive network to get research from ground levels to generate proper reporting and movements. We are able to get evens out of odds in volatile markets and stockings. ...
