Try GOLD - Free
Airtel ready to pay AGR dues, but seeks parity in relief
Mint Kolkata
|August 07, 2025
In May, the SC dismissed pleas by Airtel, Vi, and Tata Teleservices for waiver on AGR dues' interest and penalties
Bharti Airtel Ltd on Wednesday said that it can make all necessary adjusted gross revenue (AGR)-related payments even as it expects the government to extend the same relief as any other operator, in an indirect reference to Vodafone Idea, whose spectrum dues were converted into equity.
"We have written to the government to extend the same relief as any other telco but that is a decision that the government will take and we will abide by whatever decision they take," the company's vice-chairman and managing director Gopal Vittal said in an analyst call after the June-quarter results. "To that extent, I would say we have the room to make whatever payments are required."
This story is from the August 07, 2025 edition of Mint Kolkata.
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 Mint Kolkata
Mint Kolkata
The dollar is far from dead and the yuan is not staging a coup
Greenback doomsayers got it wrong. The dollar's reign is not over
3 mins
October 10, 2025
Mint Kolkata
Sebi's Ananth Narayan steps down
Narayan headed market regulation and the department dealing with foreign investors.
1 min
October 10, 2025
Mint Kolkata
Corporate governance needs to go well beyond mere compliance
Shareholders now demand more than mere regulatory compliance to monitor the governance of companies they partly own
3 mins
October 10, 2025
Mint Kolkata
Intel unveils new tech in turnaround push
Intel Corp., the embattled chipmaker now backed by the US government, introduced new products and manufacturing technology that are central to its turnaround bid.
1 min
October 10, 2025
Mint Kolkata
Shipbuilding stocks are likely to stay anchored
India's shipbuilding stocks are trading well above their 200-day moving average, a sign of rising investor confidence.
3 mins
October 10, 2025
Mint Kolkata
Silver ETFs fired up by scarcity, festivals
Silver exchange traded funds or ETFs opened Thursday with a record 10-12% premium to spot prices, underscoring a scramble for the metal as festive buying, industrial use, and investor FOMO (fear of missing out) drove up demand against tight supplies.
1 min
October 10, 2025
Mint Kolkata
Go First files plea against Air Works
Bankrupt airline Go First has filed a fresh plea before the National Company Law Tribunal (NCLT), Delhi, seeking the release and disclosure of several aircraft components, primarily small tyres and wheels, that it claims are being withheld by maintenance, repair and overhaul (MRO) firm Air Works India (Engineering) Pvt. Ltd, a subsidiary of the Adani Group.
1 min
October 10, 2025
Mint Kolkata
Nestlé looks beyond Maggi, bets on India petcare boom
Nestlé SA sees India as a potential top-three global petcare market after the US and China
2 mins
October 10, 2025
Mint Kolkata
Tax residency depends on your travel pattern and primary base
I am a salaried individual employed by an Indian company that allows me to work remotely. I get paid in India. My spouse lives abroad, so I frequently travel outside the country. Over the last two years, I have spent at least three months each year in India.
2 mins
October 10, 2025
Mint Kolkata
It is time to strengthen India-Afghanistan ties
An Afghan minister's visit right after New Delhi joined hands with other countries to rebuff America's eyeing of Bagram offers us a chance to re-imagine the regional balance of power
2 mins
October 10, 2025
Listen
Translate
Change font size