Misconceived: SC junks Vodafone, Airtel petitions for waiver of dues

The Supreme Court on Monday rejected telecom companies' pleas seeking waiver of the interest, penalty, and interest on penalty components of their pending adjusted gross revenue (AGR) dues, collectively amounting to over ₹80,000 crore.

- RAKESH KUMAR @New Delhi

Terming the petitions by Vodafone Idea, Bharti Airtel, and Tata Teleservices 'misconceived', a bench of justices J B Pardiwala and R Mahadevan said: "We are really shocked by these petitions which have come before us. Really disturbed. It is not expected of a multinational company. We will dismiss it."