SME Times is powered by   
Search News
Just in:   • Britain's economy shrank by nearly 20% in second quarter  • Govt agencies procure 44,809 tonnes of paddy in Punjab, Haryana  • Core sector output down 8.5 pc in August  • IDFC First Bank MD gifts Rs 30-lakh shares to schoolteacher  • Govt extends bid-submission deadline for BPCL sale till Nov 16 
Last updated: 21 Jan, 2020  

Vodafone9.Thmb.jpg Vodafone Idea stocks jumps 20% over SC relief

Vodafone9.jpg
   Top Stories
» Core sector output down 8.5 pc in August
» April-June external debt falls to $554.5 bn
» Fiscal deficit at over 109% of target in Apr-Aug
» Current account surplus at $19.8B in Q1FY21
» Covid-related reliefs for cos extended till Dec
SME Times News Bureau | 21 Jan, 2020
Shares of Vodafone Idea on Tuesday jumped over 20 per cent on the BSE after the Supreme Court agreed to hear the modification plea filed by telecom operators on giving them more time to pay off Adjusted Gross Revenue (AGR) related dues.

Shares of Bharti Airtel, Tata Tele Service, however, traded on a mixed note after the apex court agreed on the modification plea. The deadline to pay off AGR dues is January 23.

The Supreme Court said that a bench headed by Justice Arun Mishra will hear next week plea of telecom companies seeking a fresh schedule on the payment of dues nearly Rs 1.47 lakh crore to the Department of Telecommunications.

A battery of senior advocates, including A.M. Singhvi and C.A. Sundaram, were present in the court.

A bench headed by Chief Justice S.A. Bobde and comprising Justices S.A. Nazeer and Sanjiv Khanna, said it will list the fresh plea next week before the same bench, which had heard the earlier petition at length and then passed a verdict on the matter.

On January 16, a bench headed by Justice Arun Mishra had dismissed review petitions of telecom companies seeking review of the earlier order passed by the bench headed by Justice Mishra ordering them to pay Rs 92,000 crore in statutory dues by January 23.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 30 Sep, 2020
  Daily Poll
COVID-19 has directly affected your business
 Yes
 No
 Can't say
  Commented Stories
» Starting an import export business: Basic guide for beginners(2)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter