Prøve GULL - Gratis

Vi AGR relief applies only to the troubled telco: SC order

Mint Mumbai

|

October 30, 2025

In its petition, Vi had challenged DoT’s fresh demand of ₹9,450 cr for the years up to 2018-19

- Krishna Yadav & Jatin Grover

Vi AGR relief applies only to the troubled telco: SC order

The Supreme Court’s 27 October order permitting the Centre to address Vodafone Idea Ltd’s grievances and reassess its adjusted gross revenue (AGR) dues applies solely to the beleaguered telecom operator, clarifies the top court's written order.

The written order, seen by Mint, makes it clear that the court's observations apply only to the additional AGR demand raised by the department of telecommunications (DoT) for the period up to 2016-17, given the peculiar circumstances in which the Centre now owns 49% of the telco, which serves nearly 200 million consumers.

“We clarify that this is a matter falling within the policy domain of the Union of India and if, in the peculiar facts and circumstances of the case, the Union of India, keeping in view the larger public interest, desires to reconsider the issue, there is no reason to restrain or prevent it from doing so,” the bench of chief justice B.R. Gavai and justice K. Vinod Chandran noted in the written order.

FLERE HISTORIER FRA Mint Mumbai

Mint Mumbai

Mint Mumbai

Pune firm cracks rare earth code; magnet gap stays

Last November, Vikram Dhoot, managing director of Pune-based Ashvini Magnets, began receiving an unusual flurry of calls and emails from Chinese companies. They wanted to collaborate, transfer technology and supply materials—without any active solicitation.

time to read

2 mins

November 01, 2025

Mint Mumbai

Vedanta profit falls 59% on one-off hit

Anil Agarwal’s metals and mining company Vedanta Ltd reported a sharp decline in profits during the September quarter despite favourable business conditions as it took a onetime write-off in its power business.

time to read

1 min

November 01, 2025

Mint Mumbai

The modern traveller's flexiscape route

Travellers are ripping up rigid itineraries and picking destinations that offer it all: rest and adventure, cultural depth and effortless luxury

time to read

4 mins

November 01, 2025

Mint Mumbai

Japanese auto seeks new ignition in tech, India

Then, Nissan announced a refresh strategy—Re:Nissan—toregain itsmojoamid mounting losses and layoffs.

time to read

2 mins

November 01, 2025

Mint Mumbai

Air India seeks $1.1 bn lifeline from Tatas, SIA

Air India is seeking at least ₹100 billion ($1.14 billion) in financial support from owners Singapore Airlines and Tata Sons, Bloomberg News reported on Thursday, citing people familiar with the matter.

time to read

1 min

November 01, 2025

Mint Mumbai

Mint Mumbai

Custom fits for four-legged divas

From bespoke 'sherwanis' to hand-embroidered leashes, pet fashion is nearly as indulgent as human fashion

time to read

4 mins

November 01, 2025

Mint Mumbai

Mint Mumbai

Berkshire’s new normal: No Buffett shareholder letter and no ‘Buffett premium’

Warren Buffett still has a couple months left as Berkshire Hathaway’s chief executive. The company’s shares are already feeling his absence.

time to read

4 mins

November 01, 2025

Mint Mumbai

Mint Mumbai

Tata, JBM, others eye India's biggest electric bus tender

At least half a dozen Indian electric bus makers, including Tata Motors Ltd, JBM Auto Ltd, and PMI Electro Mobility Solutions Ltd, are eyeing the country's largest electric-bus tender set to close on 6 November, according to two people aware of the development.

time to read

3 mins

November 01, 2025

Mint Mumbai

Stride raises $300-mn India, UK, GCC funds

Stride Ventures launched three funds across India, Gulf Cooperation Council and the UK, raising $300 million in the past six months to be deployed in respective territories, top executives at the venture debt platform said.

time to read

1 min

November 01, 2025

Mint Mumbai

Mint Mumbai

Tata, JBM, others eye India’s biggest electric bus tender

Both officials spoke on the condition of anonymity asthe names of the potential bidders arenot public.

time to read

2 mins

November 01, 2025

Listen

Translate

Share

-
+

Change font size