Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Airtel unlikely to take legal route for AGR relief, for now
Business Standard
|January 23, 2026
Writes to DoT seeking reassessment of dues
India’s second-largest telecom service provider, Bharti Airtel, is unlikely to approach the courts in the near term to seek relief on dues related to adjusted gross revenue (AGR), said people in the know.
Instead, the company has written to the Department of Telecommunications (DoT) seeking a reassessment and recalculation of its AGR dues. The move was confirmed by Bharti Enterprises Chairman Sunil Mittal, who is currently in Davos, Switzerland, attending the World Economic Forum (WEF).
“We've written to the government that AGR was our issue as well, and we hope we get their attention,” Mittal told CNBC TV18 in an interaction at the WEF. He added that the company was yet to hear back from the government on its request.
Earlier this month, the government granted Aditya Birla Group-promoted Vodafone Idea (Vi) a 10-year breather on AGR payments, allowing it to pay a maximum of ₹124 crore annually for six years starting March this year, followed by ₹100 crore annually for four years beginning March 2032.
This story is from the January 23, 2026 edition of Business Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Standard
Business Standard
Meity may cut compliance timeline for key DPDP rules
The Ministry of Electronics and Information Technology (Meity) is likely to shorten the implementation timeline for certain provisions under the administrative rules of the Digital Personal Data Protection (DPDP) Act for significant data fiduciaries (SDFs) to 12 months from the earlier 18 months, sources told Business Standard.
2 mins
January 23, 2026
Business Standard
Opportunity for 'great powers' to join forces: Merz on India-EU FTA
Days before the signing of a free agreement between India and the European Union, German Chancellor Friedrich Merz (pictured) on Thursday said \"the era of great powers\" presents an opportunity for countries favouring regulations to join forces against protectionism and isolationism.
1 mins
January 23, 2026
Business Standard
Record $32 bn raised in 2025 via overseas syndicated loans
Pipeline robust as firms look at more acquisitions
3 mins
January 23, 2026
Business Standard
DLF posts 13.6% profit on high net income
Realty major DLF reported a 13.6 per cent year-on-year (Yo-Y) rise in its consolidated net profit for the third quarter of financial year 2025-26 (Q3FY26), driven by high net income and strong operational performance.
1 min
January 23, 2026
Business Standard
Canada PM's likely India visit to boost Cepa talks
Both sides working to ensure Carney visits New Delhi before March-end.
3 mins
January 23, 2026
Business Standard
IndiGo Q3 net nosedives 78%
Dec flight disruptions, labour Codes, depreciation hit earnings
3 mins
January 23, 2026
Business Standard
Bank unions to go on strike on January 27
The United Forum of Bank Unions (UFBU) is likely to go ahead with the proposed allIndia bank strike on January 27, demanding five-day work week, after a conciliation meeting convened by the chief labour commissioner (central) between UFBU and the Indian Banks' Association (IBA) ended without an agreement.
1 min
January 23, 2026
Business Standard
EU suspends GSP export benefits; textiles, plastics likely to be hit
The European Union (EU) has suspended export benefits to sectors such as textiles and plastics under a preferential scheme for India and two other countries from January 1, a move that will impact the country's shipment to the 27-nation bloc.
1 mins
January 23, 2026
Business Standard
Competitive challenges to keep Eternal under pressure
The Q3FY26 results from Eternal contained two major surprises.
3 mins
January 23, 2026
Business Standard
Zeel net profit down 5%
Zee Entertainment Enterprises (Zeel) on Thursday reported as.1 per cent fall in its consolidated net profit to ₹155.3 crore in the third quarter of the financial year 2026 (Q3FY26) against the same period last year.
1 min
January 23, 2026
Listen
Translate
Change font size