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  Vodafone Idea stock falls over 16% on rating downgrade

  Business | February 18, 2020 12:07 IST

  ​Shares of Vodafone Idea on Tuesday tanked over 16 per cent due to rating downgrade on AGR dues and other issues of the company. On the BSE, the stock plunged 14.91 per cent to trade at Rs 2.91 in early market hours. Later it was trading with a loss of 8.77 per cent at Rs 3.12.

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  AGR dues: Who owes what

  Business | February 17, 2020 19:12 IST

  A number of telecom firms are in troubled waters with over a massive Rs 1.47 lakh crore of adjusted gross revenue (AGR) dues to pay. These include top telcos -- Bharti Airtel and Vodafone Idea -- who owe about 60 percent.

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  Airtel, Vodafone Idea, Tata Teleservices likely to pay AGR dues today: DoT source

  Business | February 17, 2020 8:36 IST

  The three companies are jointly liable to pay dues of over Rs 1 lakh crore, but they have informed the Department of Telecom (DoT) of making only partial payment, as per their representatives.

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  AGR dispute: Vodafone Idea could head for bankruptcy

  Business | February 16, 2020 18:43 IST

  Vodafone Idea could be the largest bankruptcy ever in India as the inability to pay dues under the adjusted gross revenue (AGR) may push the Vodafone Plc and Aditya Birla joint venture in that direction.

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  Vodafone Idea to pay AGR dues but uncertain on future course; DoT mulls penal action

  Business | February 15, 2020 22:18 IST

  Debt-ridden telecom operator Vodafone Idea on Saturday said it is assessing the amount that can be paid towards AGR dues, even as it flagged concerns over the continuation of its business.

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  Vodafone Idea faces uncertain future over AGR woes

  Business | February 14, 2020 23:25 IST

  ​As the sword of Damocles hangs over Vodafone Idea, uncertainty continues to mire the Indian telecom sector which has seen fall of several telcos such as Etisalat DB, Reliance Communications, Sistema Shyam and Aircel. ​As the sword of Damocles hangs over Vodafone Idea, uncertainty continues to mire the Indian telecom sector which has seen fall of several telcos such as Etisalat DB, Reliance Communications, Sistema Shyam and Aircel.

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  Ultimatum for Telcos: Bharti Airtel, Vodafone Idea asked to clear dues by 11.59 pm today

  Business | February 14, 2020 19:10 IST

  In an ultimatum, the Department of Telecommunications has ordered firms including Bharti Airtel and Vodafone Idea to clear dues before Friday midnight.

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  AGR-hit Vodafone Idea postpones Q3 analyst call

  Business | February 14, 2020 15:39 IST

  Vodafone Idea, which is staring at statutory dues of about Rs 53,000 crore, has postponed its post-earnings conference call with analysts, which was earlier scheduled for Friday.

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  Amid widening losses, Vodafone Idea shares tank nearly 19%

  Business | February 14, 2020 14:10 IST

  Shares of Vodafone Idea (VIL) on Friday tumbled nearly 19 per cent after the company reported widening of losses to Rs 6,438.8 crore in the third quarter of 2019-20. The scrip tanked 18.30 per cent to Rs 3.66 on the BSE.

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  Vodafone Idea losses widen to Rs 6,438.8 crore in December quarter

  Business | February 13, 2020 19:33 IST

  Vodafone Idea on Thursday reported widening of losses to Rs 6,438.8 crore in October-December 2019 against Rs 5,004.6 crore in the year-ago period as the AGR dues-hit telco reeled under the impact of increased finance costs and higher depreciation of assets.

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  Vodafone Idea to shift all postpaid users to Vodafone RED plan

  Business | February 07, 2020 16:23 IST

  All postpaid users who are currently using a plan from Vodafone Idea will be moved to Vodafone Red plans. Users who are currently using a plan from Vodafone Idea will be moved to Vodafone Red plans.

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  Vodafone-Idea mobile network down in Bengaluru, users complain

  Business | February 07, 2020 16:34 IST

  Vodafone-Idea network in Bengaluru is down users are facing issues. It is suspected that there are issues with optical fibre cable network in the city. Users from Indiranagar, Electronic City, Kumaraswamy layout and Shantala Nagar appear to be the worst affected as the majority of the twitter reactions seem to have come from these areas.

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  Ind-Ra downgrades Vodafone-Idea Rs 3,500 cr NCD

  Business | January 24, 2020 21:47 IST

  Vodafone Idea AGR dues as estimated by the Department of Telecom stands at a cumulative Rs 53,038 crore, including Rs 24,729 crore of SUC dues and Rs 28,309 crore in the licence fee.

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  No coercive action on defaulting Airtel, Voda-Idea; Govt says non-telcos not liable

  Business | January 23, 2020 20:20 IST

  On a day when the Supreme Court-mandated deadline for Bharti Airtel and Vodafone Idea to pay Rs 88,624 crore in past dues ended, the Department of Telecommunications (DoT) on Thursday decided not to take coercive action against defaulters during pendency of their appeals seeking relaxation in the apex court's order.  

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  SC rejects Airtel, Vodafone Idea's plea to review AGR verdict

  Business | January 16, 2020 17:44 IST

  The Supreme Court Thursday dismissed the plea of Telecom majors, including Bharti Airtel and Vodafone Idea, seeking review of certain directions of the Supreme Court on recovery of past dues amounting to Rs 1.47 lakh crore from telecom service providers.

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  Vodafone Idea mobile customer base drops by 3.63 crore in November

  Business | December 30, 2019 19:01 IST

  Vodafone Idea's mobile consumer base declined by around 3.63 crore to 33.63 crore in November, according to a source. The telecom operator had reported an increase of 1.89 lakh mobile customers on its network in October.    

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  Telcos penalised Rs 3.2 cr for call drop in 12 months; maximum on Vodafone Idea

  Business | December 12, 2019 17:25 IST

  According to the data shared, highest financial disincentive of Rs 1.76 crore has been imposed on Vodafone Idea, which includes Rs 1.11 crore on account of call drop in Vodafone network and Rs 65 lakh on Idea, while minimum penalty of Rs 6.5 lakh was levied on Reliance Jio.

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  Vodafone-Idea shares gain over 8% amid asset sale plan

  Business | December 11, 2019 12:46 IST

  Vodafone Idea may raise over USD 2.5 billion from asset sales ahead of a January deadline to pay statutory dues. The company is said to be in talks to sell its optic fibre business to Brookfield Asset Management Inc and its datacentre to the Edelweiss Group.

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  Airtel, Vodafone Idea ditch FUP limits to offer unlimited voice calls to other networks

  Technology | December 07, 2019 19:05 IST

  Airtel and Vodafone Idea have brought back unlimited voice calling to other networks.

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  Explained: Why Vodafone-Idea may shut down soon

  Fyi | December 06, 2019 17:27 IST

  ​Vodafone-Idea may shut down soon. It is not a speculation. Vodafone Idea Limited Chairman Kumar Mangalam Birla has himself admitted to the plunging fortunes of the company. Birla on Friday said Vodafone Idea Ltd would shut down if the government does not provide relief on the liability it faces in past statutory dues following a Supreme Court order.