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Airtel ready to pay AGR dues, but seeks parity in relief

Mint New Delhi

|

August 07, 2025

In May, the SC dismissed pleas by Airtel, Vi, and Tata Teleservices for waiver on AGR dues' interest and penalties

- Jatin Grover

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."

FLERE HISTORIER FRA Mint New Delhi

Mint New Delhi

Mint New Delhi

US energy giants eye India LNG network

US energy giants Exxon-Mobil Corp. and Chevron Corp. are eying entry into India's LNG infrastructure business, including terminals and pipelines, said two people in the know, even as the two nations look to thrash out differences over New Delhi's Russian oil imports.

time to read

3 mins

October 01, 2025

Mint New Delhi

Mint New Delhi

Will Tata Steel's Dutch pact help cut its emissions?

Tata Steel signed a pact with the Netherlands government on Monday to receive up to €2 billion aid to cut emissions at its Dutch facility.

time to read

2 mins

October 01, 2025

Mint New Delhi

Oil giant IOC eyes green shift

Indian Oil Corp. Ltd (IOC) is navigating choppy waters as nearterm business conditions remain uncertain amid oil price volatility, tariffs, exchange rate weakness, and geopolitical disturbances.

time to read

2 mins

October 01, 2025

Mint New Delhi

Mint New Delhi

April-August fiscal gap rises to ₹5.98 tn

India's fiscal deficit rose in the first five months of 2025-26, as compared with the same period last year, due to higher government capital expenditure while net tax revenue declined.

time to read

2 mins

October 01, 2025

Mint New Delhi

Mint New Delhi

TaMo aims to drive down Iveco costs, open new roads

Analysts questioned the rationale of buying the Italian firm that was facing growth hurdles

time to read

2 mins

October 01, 2025

Mint New Delhi

Mint New Delhi

Nestlé India inks MoU with govt to push food sector investment

FMCG major Nestlé India on Tuesday said it has signed a memorandum of understanding (MoU) with the government to expedite investments in the food industry.

time to read

1 min

October 01, 2025

Mint New Delhi

Reits revolution: own a slice of malls, offices with just ₹500

Think mutual funds, but for real estate. That's how Pratik Dantara, executive committee member of the Indian Reits Association, explains Real Estate Investment Trusts (Reits)-a growing investment avenue giving retail investors exposure to office parks, malls, and other commercial properties.

time to read

2 mins

October 01, 2025

Mint New Delhi

How Indians get a passport to global markets via GIFT

Global access GIFT City outbound funds offer international exposure

time to read

2 mins

October 01, 2025

Mint New Delhi

Poonawalla eyes RCB at $1-1.2 bn valuation

Adar Poonawalla, owner of the vaccine maker Serum Institute, is evaluating a deal to buy the Indian Premier League team Royal Challengers Bengaluru at a valuation of up to $1-1.2 billion, a person directly aware of the development said.

time to read

1 mins

October 01, 2025

Mint New Delhi

Demand for offices stays strong: C&W

Net leasing of office spaces increased 35% across eight major cities during the JulySeptember period to 16.25 million sq. ft on better demand from domestic and overseas companies, according to Cushman & Wakefield (C&W).

time to read

1 min

October 01, 2025

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