Companies Indian Subcontinent Industries Market Supreme Court

Supreme Court gives time for telecom firms to pay back AGR dues in 10 years

Telecom providers pay the department of telecommunications (DoT) nearly 3-5% of their AGR in usage charges for spectrum or airwaves and 8% of AGR as licence fees.   The top court had in its verdict on October 24, 2019, upheld the interpretation given to the definition of AGR by DoT and included revenues from various Read More…

Companies Indian Subcontinent Industries Supreme Court Technology

Modi Govt butress Spectrum to Jio , Airtel using solvency route : Supreme Court reserves verdict

After several rounds of hearings and a year later, the Supreme Court has reserved its judgment on the adjusted gross revenue (AGR) case.   On the last day of hearing on Monday, the court warned that if telecom companies are unwilling to pay their dues, it would direct the Union government to cancel their spectrum Read More…

Companies Industries Supreme Court

Mukesh’s Jio uses Anil’s Spectrum and Solicitor General stand expose new Spectrum scam on cards

The Supreme Court on Monday asked the government to explain why Reliance Jio, which is earning revenue by sharing Reliance Communication’s (RCom) spectrum, be not asked to pay the Adjusted Gross Revenue (AGR) related dues to the government.   The government told the top court there is a difference of opinion between two ministries (Department Read More…

Business Companies Industries Market Technology

BSNL , MTNL employees yet to receive Sept Salary , cabinet given merger nod

Union Cabinet on Wednesday, October 23, approved the merger of Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL).   “The merger was first suggested by senior Shiv Sena and veteran trade union leader, Arvind Sawant. He was a former MTNL employee and he is close to Sena chief Uddhav Thackeray.   He Read More…

Companies Industries Market Technology

TRAI tightens the loose ends of DTH Operators : A la carte Channels Defined

According to the TRAI note, the maximum retail price (MRP) of a channel on a-la-carte can be viewed in the Electronic Programme Guide (EPG) or Menu of their TV screens. “Distribution Platform Operator (DPO) such as cable operators, DTH operators may provide discount on the MRP displayed on the EPG,” TRAI said.   Following this Read More…